(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 2024-03-13 View latest technical analysis
10 day averaged volume of Progress Software is 947260
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 53.67 | 53.76 | 54.15 | 53.57 | 0.365 times |
12 Tue Mar 2024 | 53.74 | 53.76 | 54.20 | 53.69 | 0.257 times |
11 Mon Mar 2024 | 53.80 | 53.65 | 53.88 | 53.40 | 0.36 times |
08 Fri Mar 2024 | 53.89 | 54.53 | 54.57 | 53.80 | 0.45 times |
07 Thu Mar 2024 | 53.91 | 53.31 | 54.24 | 52.81 | 0.372 times |
06 Wed Mar 2024 | 53.07 | 52.70 | 53.52 | 52.65 | 0.721 times |
05 Tue Mar 2024 | 52.54 | 52.35 | 52.89 | 51.98 | 0.818 times |
04 Mon Mar 2024 | 52.40 | 53.09 | 53.30 | 52.23 | 0.612 times |
01 Fri Mar 2024 | 53.35 | 53.25 | 53.49 | 52.19 | 0.624 times |
29 Thu Feb 2024 | 53.36 | 53.21 | 54.09 | 52.71 | 0.945 times |
My analysis of stock is bearish for shortterm, and stock might move down till 52.9 or till 51.4. Use a stoploss of 54.25 and if the stock hits stoploss, then it can shoot up till 55.56
Share price targets for Progress Software (PRGS)
Target Type | Value |
Downside Target | 49.02 |
Downside Target | 51.80 |
Upside Target | 54.57 |
Upside Target | 54.66 |
Upside Target | 54.72 |
Upside Target | 56.13 |
Upside Target | 56.51 |
Upside Target | 56.55 |
Upside Target | 57.33 |
Upside Target | 58.07 |
Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
Target Type | Value |
Downside Intraday Target | 53.31 |
Downside Intraday Target | 52.96 |
Upside Intraday Target | 54.11 |
Upside Intraday Target | 54.56 |
Upside Intraday Target | 53.76 |
Weekly technical analysis of Progress Software (PRGS)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 53.67 | 53.65 | 54.20 | 53.40 | 0.331 times |
08 Fri Mar 2024 | 53.89 | 53.09 | 54.57 | 51.98 | 0.32 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 |
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 Wed Mar 2024 | 53.67 | 53.25 | 54.57 | 51.98 | 0.309 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 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 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 short to mid 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 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 gaining momentum.
MACD generated a BUY signal for Progress Software in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Progress Software in short term but SELL 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 53.24 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 rising upwards.
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 is giving positive 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 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 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 short to mid 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 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 gaining momentum.
MACD generated a BUY signal for Progress Software in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Progress Software in short term but SELL 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 53.24 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 rising upwards.
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 is giving positive 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.