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PSTG

monthly
Daily Weekly Monthly
VOLATILITY EXPANSION
Support
$64.0
Resistance
$78.0
PSTG Pure Storage Inc. monthly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — volatility expansion as of April 30, 2026
PSTG Monthly chart 2026-04-30 20:41:16 UTC
AI-generated analysis — not financial advice. For educational purposes only.

PSTG Monthly Technical Analysis Summary

As of April 30, 2026, PSTG (Pure Storage Inc.) is in a volatility expansion state on the monthly chart, with a confidence level of 62%. Key support is at $64.0 and key resistance at $78.0. Monthly pullback from ~$96 peak into the ~$60s, then bounce to $70.31; price still above EMA50 (pink ~$51.39) and EMA100 (cyan ~$39.86) with RSI ~55.

Price Scenarios & Targets

bullish

Bullish continuation after a Wave-4-style correction: hold $64–$66, reclaim $78, then grind back toward the prior peak; Fibonacci-wise this looks like a pullback toward the 38.2%–50% zone of the ~$45→~$96 impulse, with buyers defending and trend MAs rising.

Price Target
$96.0
Path to target
First move
$78.0
Pullback
$70.0
Final target
$96.0

bearish

Bearish deeper correction: lose $64 support and slip toward the rising EMA50 area; this would fit an Elliott Wave extended Wave-4 or an ABC that drags price back to the 50%–61.8% retrace area and retests the moving-average cluster.

Price Target
$52.0
Path to target
First move
$58.0
Pullback
$64.0
Final target
$52.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Two monthly closes above $78 would confirm the expansion resolves upward toward the prior highs.

✗ Invalidation

A monthly close below $64 would invalidate the bullish resolution and favor a deeper corrective leg.

Position Entry & Exit Levels

⊕ Add

Start $64.0 – $66.0
Add $58.0 – $60.0
Heavy $51.0 – $53.0

Start near the post-peak base/support ($64–$66), add on a flush to the next demand shelf (~$58–$60), heavy add at EMA50 confluence/major trend support (~$51–$53).

⊖ Derisk

Trim 1 $90.0 – $96.0
Trim 2 $102 – $110
Close $120 – $130

Trim into prior ATH supply ($90–$96), trim more if price extends into a likely Wave-5/extension zone ($102–$110), close if a multi-year overshoot/mania move develops well above prior highs ($120+).

Frequently Asked Questions

What is the monthly technical outlook for PSTG today?

As of April 30, 2026, PSTG (Pure Storage Inc.) is in a volatility expansion state on the monthly chart with 62% confidence. Monthly pullback from ~$96 peak into the ~$60s, then bounce to $70.31; price still above EMA50 (pink ~$51.39) and EMA100 (cyan ~$39.86) with RSI ~55.

What are the monthly support and resistance levels for PSTG?

On the monthly timeframe, PSTG has key support at $64.0 and key resistance at $78.0. The most likely scenario (bullish) targets $78.0 and $96.0, with a revert level at $70.0.

Is PSTG in an uptrend or downtrend?

PSTG (Pure Storage Inc.) is currently classified as volatility expansion on the monthly chart, with 62% confidence. Confirmation requires: Two monthly closes above $78 would confirm the expansion resolves upward toward the prior highs. This would be invalidated by: A monthly close below $64 would invalidate the bullish resolution and favor a deeper corrective leg.

What are the price targets for PSTG?

The most likely scenario (bullish) targets $78.0 and $96.0, with a revert level at $70.0. The alternative scenario (bearish) targets $58.0 and $52.0.

Other Timeframes for PSTG
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