Is Pure Storage, Inc. technically bullish or bearish?

Jun 25 2025 08:51 AM IST
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As of May 2, 2025, the market trend is mildly bearish, influenced by daily moving averages, while weekly indicators show some positive momentum, but overall bearish sentiment persists.
As of 2 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD and KST are mildly bullish, suggesting some positive momentum, while the monthly indicators remain bearish. The Bollinger Bands on both weekly and monthly time frames are showing bullish to mildly bullish signals, which adds some support to the price action. However, the overall lack of strong bullish signals in the RSI and Dow Theory indicates that the bearish sentiment is still prevailing.
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