(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 2024-05-09 View latest technical analysis
10 day averaged volume of Progress Software is 290560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 50.82 | 51.05 | 51.13 | 50.52 | 0.587 times |
| 08 Wed May 2024 | 51.10 | 51.03 | 51.32 | 50.96 | 0.5 times |
| 07 Tue May 2024 | 51.34 | 51.24 | 51.49 | 50.89 | 0.868 times |
| 06 Mon May 2024 | 51.19 | 50.67 | 51.23 | 50.67 | 0.591 times |
| 03 Fri May 2024 | 50.51 | 50.73 | 50.73 | 50.18 | 0.749 times |
| 02 Thu May 2024 | 50.44 | 50.53 | 50.53 | 50.08 | 0.788 times |
| 01 Wed May 2024 | 50.11 | 49.99 | 50.76 | 49.79 | 1.281 times |
| 30 Tue Apr 2024 | 49.82 | 49.89 | 50.09 | 49.72 | 2.07 times |
| 29 Mon Apr 2024 | 50.19 | 50.23 | 50.71 | 50.14 | 0.978 times |
| 26 Fri Apr 2024 | 50.34 | 50.86 | 51.10 | 50.18 | 0.955 times |
My analysis of stock is bullish for shortterm, and stock might move up till 51.2 or till 51.8. Use a stoploss of 50.69 and if this stock hits its stoploss, then it can fall down till 50.19
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.00 |
| Upside Target | 51.50 |
| Upside Target | 51.80 |
| Upside Target | 51.81 |
| Upside Target | 52.13 |
| Upside Target | 52.43 |
| Upside Target | 53.81 |
| Upside Target | 54.57 |
| Upside Target | 58.07 |
| Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 50.4 |
| Downside Intraday Target | 49.97 |
| Upside Intraday Target | 51.37 |
| Upside Intraday Target | 51.91 |
| Upside Intraday Target | 50.94 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 50.82 | 50.67 | 51.49 | 50.52 | 0.434 times |
| 03 Fri May 2024 | 50.51 | 50.23 | 50.76 | 49.72 | 0.788 times |
| 26 Fri Apr 2024 | 50.34 | 50.81 | 51.81 | 50.18 | 0.832 times |
| 19 Fri Apr 2024 | 50.41 | 51.01 | 51.13 | 49.00 | 1.007 times |
| 12 Fri Apr 2024 | 50.98 | 51.01 | 52.13 | 50.34 | 0.836 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 |
| 09 Thu May 2024 | 50.82 | 49.99 | 51.49 | 49.79 | 0.138 times |
| 30 Tue Apr 2024 | 49.82 | 53.29 | 53.81 | 49.00 | 0.802 times |
| 28 Thu Mar 2024 | 53.31 | 53.25 | 54.57 | 51.50 | 1.004 times |
| 29 Thu Feb 2024 | 53.36 | 56.81 | 58.07 | 52.43 | 1.677 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Progress Software ( (PRGS) ) based on a mid to longer 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.
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 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 50.42 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Progress Software ( (PRGS) ) based on a mid to longer 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.
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 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 50.42 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 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.