Should I Buy Pure Storage Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. PSTG has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
PSTG stock price ended at $56.27 on Monday, after losing -0.51%
The Pure Storage Inc stock price decreased by -0.51% on the last trading day (19 May 2025), dropping from 55.19 to 56.27. Throughout the last trading session, the stock experienced a fluctuation of 2.76% , ranging from a day low of $55 to a day high of 56.52. The price has declined in 3 of the last 10 days, resulting in a total change of 18.26% during this period. On the last day, trading volume decrease by -954.92K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 2.15M shares were traded, amounting to approximately 120.68M.
PSTG Technical Signals
PSTG(Pure Storage Inc Corp) has 5 buy signals and 6 sell signals now. The current trend is consolidation starting from 2025-05-06. The total price change during this trend is +18.87%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of PSTG over the last 5 trading days is 163.28M. Overall, the technical indicator signals lean more toward a outlook in the mid-term.
PSTG Moving Average Analysis
Pure Storage Inc's overall moving average trend leans more bullish as of Tuesday, May 20, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $58.43787666666667, and $62.580666666666666. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $45.033456666666666, and $40.89066666666667. A break-down below any of these levels will issue sell signals.
PSTG Short Selling Analysis
Technical Signal
Technical Signals Summary
Sell
6
Buy
5
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
5 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
9.493
Bullish
Momentum (10 days)
MOM_10 > 0
8.72
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.635
Bullish
Closing price
close > fibonacci_R1
56.56
Bullish
Moving Average
5-day SMA crosses above 200-day SMA
--
Bullish
6 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 > 70
72.811
Bearish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
95.579
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
153.191
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
91.271
Bearish
Williams %R (14 days)
WILLR_14 > -20
-4.361
Bearish
Ultimate Oscillator (7, 14, 28)
UO_7_14_28 > 70
73.884
Bearish
PSTG Price Prediction & Forecast by Similar Chart Analysis
Similar Chart
The price prediction chart for Pure Storage Inc (PSTG.N) stock, as of Invalid Date , forecasts a % change over the next month, based on its high correlation with stock patterns. The similarity between their price movements over the analyzed periods is %. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
PSTG
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Name
Similarity
Up/Down
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PSTG Seasonality Analysis
Based on PSTG's historical stock price data across all years, the probability of a positive return in May is60.00%, suggesting it maybe an ideal month to invest in PSTG. In contrast,Januaryoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Pure Storage Inc (PSTG.N) stock in January has the highest probability of a positive return (80.00%), while March has the lowest probability (20.00%).
Performance Seasonality
The chart shows Pure Storage Inc. (PSTG)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
Should I buy Pure Storage Inc (PSTG.N) stock?
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