(PRGS) Progress Software complete technical analysis [charts+indicators] | Buy/Sell Progress Software | (PRGS) share price targets
Complete technical analysis of Progress Software (PRGS) by charts plus indicators, forecast predictions and share price targets for Progress Software (PRGS)
Progress Software trades in USA in Technology sector.
Showing technical analysis as on 2024-02-06 View latest technical analysis
10 day averaged volume of Progress Software is 380430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 57.45 | 56.81 | 57.48 | 56.74 | 1.771 times |
| 05 Mon Feb 2024 | 56.68 | 56.67 | 56.90 | 56.15 | 1.098 times |
| 02 Fri Feb 2024 | 57.22 | 57.79 | 58.07 | 57.01 | 1.074 times |
| 01 Thu Feb 2024 | 57.93 | 56.81 | 57.99 | 56.28 | 1.235 times |
| 31 Wed Jan 2024 | 56.81 | 57.26 | 57.72 | 56.73 | 1.004 times |
| 30 Tue Jan 2024 | 57.56 | 57.70 | 58.07 | 57.46 | 0.857 times |
| 29 Mon Jan 2024 | 57.60 | 57.10 | 58.07 | 56.95 | 1.142 times |
| 26 Fri Jan 2024 | 58.41 | 59.23 | 59.23 | 58.40 | 0.5 times |
| 25 Thu Jan 2024 | 58.94 | 59.90 | 59.90 | 58.53 | 0.917 times |
| 24 Wed Jan 2024 | 59.30 | 60.00 | 60.33 | 59.14 | 1.391 times |
My analysis of stock is bullish for shortterm, and stock might move up till 58.9 or till 61.3. Use a stoploss of 56.89 and if this stock hits its stoploss, then it can fall down till 54.88
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.02 |
| Downside Target | 51.80 |
| Downside Target | 56.13 |
| Downside Target | 56.28 |
| Upside Target | 57.48 |
| Upside Target | 58.00 |
| Upside Target | 58.07 |
| Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 56.57 |
| Downside Intraday Target | 55.7 |
| Upside Intraday Target | 57.9 |
| Upside Intraday Target | 58.36 |
| Downside Intraday Target | 57.03 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 57.45 | 56.67 | 57.48 | 56.15 | 0.54 times |
| 02 Fri Feb 2024 | 57.22 | 57.10 | 58.07 | 56.28 | 1.059 times |
| 26 Fri Jan 2024 | 58.41 | 58.38 | 60.33 | 58.00 | 0.737 times |
| 19 Fri Jan 2024 | 57.91 | 53.72 | 58.00 | 52.99 | 7.773 times |
| 12 Fri Jan 2024 | 54.00 | 53.85 | 54.47 | 53.73 | 0.242 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Progress Software (PRGS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 57.45 | 56.81 | 58.07 | 56.15 | 0.235 times |
| 31 Wed Jan 2024 | 56.81 | 54.09 | 60.33 | 51.80 | 1.422 times |
| 29 Fri Dec 2023 | 54.30 | 53.87 | 56.13 | 52.74 | 1.054 times |
| 30 Thu Nov 2023 | 53.86 | 51.16 | 54.72 | 49.02 | 0.852 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Progress Software (PRGS)
Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Progress Software ( (PRGS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Progress Software ( (PRGS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Progress Software stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Progress Software in short term but the sell signal is initial and weak.
Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Progress Software in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Progress Software is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.77 and Progress Software (PRGS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Progress Software (PRGS) stock. Volume based technical analysis of Progress Software (PRGS) stock is negative.
Progress Software Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Progress Software ( (PRGS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Progress Software ( (PRGS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Progress Software stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Progress Software in short term but the sell signal is initial and weak.
Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Progress Software in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Progress Software is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.77 and Progress Software (PRGS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Progress Software (PRGS) stock. Volume based technical analysis of Progress Software (PRGS) stock is negative.
Progress Software Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.