MACD Oscillator Analysis for Pure Storage, Inc. (NYSE:PSTG)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Pure Storage, Inc. (NYSE:PSTG) for the period of 9-Day stands at 39.98% while the stochastic %D for the same period stands at 57.99%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Pure Storage, Inc. (NYSE:PSTG) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Pure Storage, Inc. (NYSE:PSTG) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indictor of a certain security, currently Pure Storage, Inc. (NYSE:PSTG)’s 20-Day Bollinger Band indicates “Hold”.

Previous Day Activity Analysis

On the last trading day, Pure Storage, Inc. (NYSE:PSTG) opened the session at $14.58 and after going up 0% closed at $14.55. The stock lost -0.03 points in the last trade.

Pure Storage, Inc. (NYSE:PSTG)’s stock fluctuated in the range of $14.49 and $14.69 during the previous active session. Pure Storage, Inc. (NYSE:PSTG) traded with the volume of 1.74 Million with average volume of 1.73 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.4 and 58.53 respectively.

Currently the Insider Ownership of the shares of Pure Storage, Inc. (NYSE:PSTG) is at 1.4% and the shares outstanding are 217.93 Million.

Important Ratio Analysis

Some important ratios to consider here for Pure Storage, Inc. (NYSE:PSTG) are discussed below:

Dividend yield of Pure Storage, Inc. (NYSE:PSTG) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 469.35.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 3.81 and 6.3 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 6.06 and 0 correspondingly.

The Quick Ratio of Pure Storage, Inc. (NYSE:PSTG) stands at 2.6 while the Current Ratio depicts the value of 2.7.

Return on Assets ROA of Pure Storage, Inc. (NYSE:PSTG) is at -28% whereas, Return on Equity ROE and Return of Investment ROI of Pure Storage, Inc. (NYSE:PSTG) stand at -52.7% and -51.6% respectively.

The payout ratio of Pure Storage, Inc. (NYSE:PSTG) stands at 0%.

Stock Performance Analysis

The stock performance of Pure Storage, Inc. (NYSE:PSTG) on the basis of 5 day trade show the dip of -1.82% whereas, the monthly performance of the stock shows increase of 14.84%.

The quarterly performance of the stock remained in green zone with the value of 14.93% while six month performance of the shares of Pure Storage, Inc. (NYSE:PSTG) remained bullish with the count of 43.35%.

The yearly and YTD performance of Pure Storage, Inc. (NYSE:PSTG) remained up at 15.75% and 28.65% respectively.