(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 2024-05-21 View latest technical analysis
10 day averaged volume of Progress Software is 332395
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 51.31 | 51.77 | 51.84 | 51.07 | 0.63 times |
| 20 Mon May 2024 | 51.64 | 51.44 | 51.72 | 50.90 | 1.003 times |
| 17 Fri May 2024 | 51.42 | 51.86 | 51.86 | 51.15 | 0.721 times |
| 16 Thu May 2024 | 51.70 | 51.32 | 51.90 | 50.93 | 1.311 times |
| 15 Wed May 2024 | 51.43 | 51.48 | 51.61 | 51.10 | 1.832 times |
| 14 Tue May 2024 | 51.20 | 51.19 | 51.42 | 50.67 | 0.819 times |
| 13 Mon May 2024 | 50.86 | 51.29 | 51.55 | 50.76 | 0.488 times |
| 10 Fri May 2024 | 50.95 | 50.69 | 51.07 | 50.32 | 2.117 times |
| 09 Thu May 2024 | 50.82 | 51.05 | 51.13 | 50.52 | 0.513 times |
| 08 Wed May 2024 | 51.10 | 51.03 | 51.32 | 50.96 | 0.437 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 51.5 as stoploss in an intra day sell trade for a target of 50.94. However, stock will show a bullish move above 51.5.
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.00 |
| Upside Target | 51.81 |
| Upside Target | 51.84 |
| Upside Target | 51.90 |
| 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 | 50.86 |
| Downside Intraday Target | 50.41 |
| Upside Intraday Target | 51.8 |
| Upside Intraday Target | 52.29 |
| Upside Intraday Target | 51.35 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 51.31 | 51.44 | 51.84 | 50.90 | 0.316 times |
| 17 Fri May 2024 | 51.42 | 51.29 | 51.90 | 50.67 | 1.191 times |
| 10 Fri May 2024 | 50.95 | 50.67 | 51.49 | 50.32 | 0.847 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 |
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 |
| 21 Tue May 2024 | 51.31 | 49.99 | 51.90 | 49.79 | 0.4 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 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 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 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 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 BUY. 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 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
Although the stock is in the BUY zone, but buying 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 51.28 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 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 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 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 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 BUY. 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 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
Although the stock is in the BUY zone, but buying 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 51.28 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.