(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 2024-03-25 View latest technical analysis
10 day averaged volume of Progress Software is 434430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 52.76 | 52.41 | 53.33 | 52.16 | 3.197 times |
| 22 Fri Mar 2024 | 52.48 | 52.68 | 52.98 | 52.21 | 1.933 times |
| 21 Thu Mar 2024 | 52.89 | 53.35 | 53.90 | 52.74 | 0.968 times |
| 20 Wed Mar 2024 | 52.98 | 52.94 | 53.50 | 52.74 | 0.741 times |
| 19 Tue Mar 2024 | 53.01 | 52.77 | 53.87 | 52.72 | 1.305 times |
| 18 Mon Mar 2024 | 52.82 | 52.50 | 53.01 | 52.40 | 0.84 times |
| 15 Fri Mar 2024 | 52.58 | 52.35 | 52.88 | 52.33 | 1.479 times |
| 14 Thu Mar 2024 | 52.94 | 53.75 | 53.75 | 52.79 | 0.591 times |
| 13 Wed Mar 2024 | 53.67 | 53.76 | 54.15 | 53.57 | 0.797 times |
| 12 Tue Mar 2024 | 53.74 | 53.76 | 54.20 | 53.69 | 0.561 times |
Stock of Progress Software (PRGS) has showed a significant upmove. This could be a good time to enter in this stock!
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 52.6 as stoploss in an intra day buy trade for a target of 53.1. However, stock will show a bearish move below 52.6.
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.02 |
| Downside Target | 51.80 |
| Upside Target | 53.90 |
| Upside Target | 54.20 |
| Upside Target | 54.57 |
| Upside Target | 54.72 |
| Upside Target | 56.13 |
| Upside Target | 56.51 |
| Upside Target | 58.07 |
| Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 52.17 |
| Downside Intraday Target | 51.58 |
| Upside Intraday Target | 53.34 |
| Upside Intraday Target | 53.92 |
| Downside Intraday Target | 52.75 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 52.76 | 52.41 | 53.33 | 52.16 | 0.552 times |
| 22 Fri Mar 2024 | 52.48 | 52.50 | 53.90 | 52.21 | 1.374 times |
| 15 Fri Mar 2024 | 52.58 | 53.65 | 54.20 | 52.33 | 0.65 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 |
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 |
| 25 Mon Mar 2024 | 52.76 | 53.25 | 54.57 | 51.98 | 0.65 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 52.86 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 52.86 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.