(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 2024-03-07 View latest technical analysis
10 day averaged volume of Progress Software is 1171670
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 53.91 | 53.31 | 54.24 | 52.81 | 0.301 times |
06 Wed Mar 2024 | 53.07 | 52.70 | 53.52 | 52.65 | 0.583 times |
05 Tue Mar 2024 | 52.54 | 52.35 | 52.89 | 51.98 | 0.661 times |
04 Mon Mar 2024 | 52.40 | 53.09 | 53.30 | 52.23 | 0.495 times |
01 Fri Mar 2024 | 53.35 | 53.25 | 53.49 | 52.19 | 0.504 times |
29 Thu Feb 2024 | 53.36 | 53.21 | 54.09 | 52.71 | 0.764 times |
28 Wed Feb 2024 | 52.66 | 52.91 | 54.00 | 52.43 | 3.913 times |
27 Tue Feb 2024 | 53.13 | 53.60 | 54.69 | 53.07 | 2.047 times |
26 Mon Feb 2024 | 56.07 | 56.17 | 56.51 | 55.82 | 0.294 times |
23 Fri Feb 2024 | 56.49 | 55.06 | 56.55 | 54.62 | 0.227 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 53.2 as stoploss in an intra day buy trade for a target of 54.81. However, stock will show a bearish move below 53.2.
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 | 56.15 |
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 | 52.51 |
Downside Intraday Target | 51.12 |
Upside Intraday Target | 54.77 |
Upside Intraday Target | 55.64 |
Downside Intraday Target | 53.38 |
Weekly technical analysis of Progress Software (PRGS)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 53.91 | 53.09 | 54.24 | 51.98 | 0.271 times |
01 Fri Mar 2024 | 53.35 | 56.17 | 56.51 | 52.19 | 5.931 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 |
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 |
07 Thu Mar 2024 | 53.91 | 53.25 | 54.24 | 51.98 | 0.212 times |
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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Progress Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.08 and Progress Software (PRGS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Progress Software is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.08 and Progress Software (PRGS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.