PURE STORAGE INC CLASS A stock forecast: up to 24.11 USD PSTG stock price prognosis
Forecast for Fri 19 May 2023 price
PURE STORAGE INC CLASS A stock price forecast for further price development up to 1.44% (time horizon: 1 day) and price target of 24.11 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) PURE STORAGE INC CLASS A share price prediction for 2023-05-19 with daily closed price projections
News <--> Close correlation for next day influence (-0.06)
Earnings per share
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Summerized Form 10-K with GPT-2
7•Drive Subscription Services and as-a-Service (flexible consumption model) Growth. In certain geographies we sell through a two-tier distribution model. We could face claims for product liability, tort or breach of warranty. We have not achieved profitability for any year since our inception. As a result, comparing our results on a period-to-period basis may not be meaningful. Future changes to U.S. and global tax laws may adversely impact our effective tax rate. Item 1B. Unresolved Staff Comments.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Meta analyst score 73.78/100
Good financial position.
Historical view, profit is growing.
Company revenue is not growing faster compared with the
Stock price is under book price value.
Institutional ownership list is based on filling form information
Bollinger Bollinger Bands for PURE STORAGE INC CLASS A can provide the information where the market is moving based on price information.
PURE STORAGE INC CLASS A Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns PURE STORAGE INC CLASS A.
On-Balance Volume information for PURE STORAGE INC CLASS A. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for PURE STORAGE INC CLASS A. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for PURE STORAGE INC CLASS A. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for PURE STORAGE INC CLASS A. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for PURE STORAGE INC CLASS A. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for PURE STORAGE INC CLASS A. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for PURE STORAGE INC CLASS A. RSI is a momentum oscillator that measures the speed and change of price development.
The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period.
Primary usage of the indicator is to identify overbought or oversold signals.
When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30
Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio
The forecast (dashed curve) of the share price performance is based on historical data.
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