(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 2024-02-13 View latest technical analysis
10 day averaged volume of Progress Software is 385920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 54.98 | 55.49 | 56.25 | 54.66 | 1.02 times |
| 12 Mon Feb 2024 | 56.72 | 57.29 | 57.33 | 56.71 | 0.52 times |
| 09 Fri Feb 2024 | 57.14 | 57.38 | 57.60 | 57.00 | 1.06 times |
| 08 Thu Feb 2024 | 57.38 | 56.81 | 57.40 | 56.59 | 0.659 times |
| 07 Wed Feb 2024 | 56.81 | 57.44 | 57.57 | 56.77 | 0.822 times |
| 06 Tue Feb 2024 | 57.45 | 56.81 | 57.48 | 56.74 | 1.746 times |
| 05 Mon Feb 2024 | 56.68 | 56.67 | 56.90 | 56.15 | 1.082 times |
| 02 Fri Feb 2024 | 57.22 | 57.79 | 58.07 | 57.01 | 1.059 times |
| 01 Thu Feb 2024 | 57.93 | 56.81 | 57.99 | 56.28 | 1.218 times |
| 31 Wed Jan 2024 | 56.81 | 57.26 | 57.72 | 56.73 | 0.99 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.2, for a target of 56.5 or 57.61
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.02 |
| Downside Target | 51.80 |
| Downside Target | 54.66 |
| Upside Target | 56.13 |
| Upside Target | 57.33 |
| Upside Target | 57.60 |
| 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 | 53.98 |
| Downside Intraday Target | 52.99 |
| Upside Intraday Target | 56.65 |
| Upside Intraday Target | 58.33 |
| Upside Intraday Target | 55.66 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 54.98 | 57.29 | 57.33 | 54.66 | 0.287 times |
| 09 Fri Feb 2024 | 57.14 | 56.67 | 57.60 | 56.15 | 1.025 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 |
Price has moved down 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 |
| 13 Tue Feb 2024 | 54.98 | 56.81 | 58.07 | 54.66 | 0.423 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 down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Progress Software ( (PRGS) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Progress Software in short term but the sell signal is initial and weak.
Progress Software Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 56.97 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Progress Software ( (PRGS) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Progress Software in short term but the sell signal is initial and weak.
Progress Software Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 56.97 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.