(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 2024-02-29 View latest technical analysis
10 day averaged volume of Progress Software is 961520
Date | Daily Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 53.36 | 53.21 | 54.09 | 52.71 | 0.931 times |
28 Wed Feb 2024 | 52.66 | 52.91 | 54.00 | 52.43 | 4.768 times |
27 Tue Feb 2024 | 53.13 | 53.60 | 54.69 | 53.07 | 2.494 times |
26 Mon Feb 2024 | 56.07 | 56.17 | 56.51 | 55.82 | 0.358 times |
23 Fri Feb 2024 | 56.49 | 55.06 | 56.55 | 54.62 | 0.277 times |
22 Thu Feb 2024 | 54.80 | 55.00 | 55.25 | 54.43 | 0.622 times |
21 Wed Feb 2024 | 54.68 | 55.10 | 55.10 | 54.11 | 0.365 times |
20 Tue Feb 2024 | 55.56 | 55.64 | 56.03 | 55.48 | 0.282 times |
16 Fri Feb 2024 | 56.12 | 56.23 | 56.95 | 55.82 | 0.27 times |
15 Thu Feb 2024 | 56.35 | 55.94 | 56.47 | 55.81 | 0.301 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.4, but if it comes above 54.4, then a intra day buy could be more profitable.
If you take a sell trade below 54.4, then use 54.4 as stoploss and 52.6 as target. However if you take a buy trade in stock , then use 54.4 as stoploss and 55.85 as target.
Share price targets for Progress Software (PRGS)
Target Type | Value |
Downside Target | 49.02 |
Downside Target | 51.80 |
Upside Target | 54.11 |
Upside Target | 56.13 |
Upside Target | 56.28 |
Upside Target | 56.51 |
Upside Target | 56.55 |
Upside Target | 57.33 |
Upside Target | 57.60 |
Upside Target | 58.07 |
Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
Target Type | Value |
Downside Intraday Target | 51.69 |
Downside Intraday Target | 50.02 |
Upside Intraday Target | 55.77 |
Upside Intraday Target | 58.18 |
Upside Intraday Target | 54.1 |
Weekly technical analysis of Progress Software (PRGS)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 53.36 | 56.17 | 56.51 | 52.43 | 5.533 times |
23 Fri Feb 2024 | 56.49 | 55.64 | 56.55 | 54.11 | 1.065 times |
16 Fri Feb 2024 | 56.12 | 57.29 | 57.33 | 54.66 | 0.674 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Progress Software (PRGS)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 53.36 | 56.81 | 58.07 | 52.43 | 1.677 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, and volume has increased substantially. This means that the move can 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 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 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 losing momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 53.51 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 negative.
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 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 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 losing momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 53.51 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.