Pure Storage Stock Technical Analysis
| PSTG Stock | USD 65.53 1.31 2.04% |
As of the 3rd of March, Pure Storage holds the Variance of 26.35, coefficient of variation of (2,575), and Risk Adjusted Performance of (0.02). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pure Storage, as well as the relationship between them. Please check Pure Storage risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Pure Storage is priced some-what accurately, providing market reflects its current price of 65.53 per share. Given that Pure Storage has information ratio of (0.05), we recommend you to check out Pure Storage's recent market performance to make sure the company can sustain itself at a future point.
Pure Storage Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PurePure Storage's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Pure Storage Analyst Consensus
| Target Price | Consensus | # of Analysts | |
| 91.0 | Strong Buy | 21 | Odds |
Most Pure analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Pure stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pure Storage, talking to its executives and customers, or listening to Pure conference calls.
Can Technology Hardware, Storage & Peripherals industry sustain growth momentum? Does Pure have expansion opportunities? Factors like these will boost the valuation of Pure Storage. Anticipated expansion of Pure directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Pure Storage demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 1.406 | Earnings Share 0.38 | Revenue Per Share | Quarterly Revenue Growth 0.204 | Return On Assets |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Pure Storage's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pure Storage should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Pure Storage's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Pure Storage 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pure Storage's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pure Storage.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in Pure Storage on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Pure Storage or generate 0.0% return on investment in Pure Storage over 90 days. Pure Storage is related to or competes with Super Micro, Astera Labs, Fidelity National, Credo Technology, Hewlett Packard, Keysight Technologies, and HP. Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally More
Pure Storage Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pure Storage's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pure Storage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 34.28 | |||
| Value At Risk | (6.89) | |||
| Potential Upside | 6.97 |
Pure Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pure Storage's standard deviation. In reality, there are many statistical measures that can use Pure Storage historical prices to predict the future Pure Storage's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pure Storage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pure Storage March 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 3.34 | |||
| Coefficient Of Variation | (2,575) | |||
| Standard Deviation | 5.13 | |||
| Variance | 26.35 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 34.28 | |||
| Value At Risk | (6.89) | |||
| Potential Upside | 6.97 | |||
| Skewness | (2.19) | |||
| Kurtosis | 11.21 |
Pure Storage Backtested Returns
Pure Storage maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Pure Storage exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pure Storage's Variance of 26.35, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,575) to confirm the risk estimate we provide. The company holds a Beta of 2.03, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pure Storage will likely underperform. At this point, Pure Storage has a negative expected return of -0.0077%. Please make sure to check Pure Storage's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Pure Storage performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Pure Storage has very weak reverse predictability. Overlapping area represents the amount of predictability between Pure Storage time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pure Storage price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Pure Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 10.19 |
Pure Storage technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Pure Storage Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Pure Storage across different markets.
About Pure Storage Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Pure Storage on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Pure Storage based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pure Storage price pattern first instead of the macroeconomic environment surrounding Pure Storage. By analyzing Pure Storage's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Pure Storage's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Pure Storage specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 | 2025 | 2026 (projected) | Payables Turnover | 9.78 | 8.5 | 7.08 | 5.58 | Days Of Inventory On Hand | 19.24 | 16.35 | 25.55 | 45.19 |
Pure Storage March 3, 2026 Technical Indicators
Most technical analysis of Pure help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pure from various momentum indicators to cycle indicators. When you analyze Pure charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 3.34 | |||
| Coefficient Of Variation | (2,575) | |||
| Standard Deviation | 5.13 | |||
| Variance | 26.35 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 34.28 | |||
| Value At Risk | (6.89) | |||
| Potential Upside | 6.97 | |||
| Skewness | (2.19) | |||
| Kurtosis | 11.21 |
Pure Storage March 3, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Pure stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 222,101 | ||
| Daily Balance Of Power | 0.34 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 63.73 | ||
| Day Typical Price | 64.33 | ||
| Price Action Indicator | 2.46 |
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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