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(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 2024-05-30 View latest technical analysis

10 day averaged volume of Progress Software is 380645

Date Daily Closing Price Open High Low Volume
30 Thu May 2024 49.50 49.65 49.78 49.12 0.891 times
29 Wed May 2024 49.71 49.40 50.17 49.00 1.959 times
28 Tue May 2024 50.07 50.29 50.59 49.96 1.282 times
23 Thu May 2024 50.58 51.29 51.29 50.42 0.526 times
22 Wed May 2024 51.32 51.35 51.68 50.92 0.718 times
21 Tue May 2024 51.31 51.77 51.84 51.07 0.55 times
20 Mon May 2024 51.64 51.44 51.72 50.90 0.875 times
17 Fri May 2024 51.42 51.86 51.86 51.15 0.629 times
16 Thu May 2024 51.70 51.32 51.90 50.93 1.145 times
15 Wed May 2024 51.43 51.48 51.61 51.10 1.6 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 49.5, for a target of 50.2 or 50.86

Share price targets for Progress Software (PRGS)

Target Type Value
Downside Target 49.00
Upside Target 51.80
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 48.8
Downside Intraday Target 48.11
Upside Intraday Target 50.39
Upside Intraday Target 51.29
Upside Intraday Target 49.7

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
30 Thu May 2024 49.50 50.29 50.59 49.00 1.548 times
23 Thu May 2024 50.58 51.44 51.84 50.42 0.591 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Progress Software (PRGS)

Date Monthly Closing Price Open High Low Volume
30 Thu May 2024 49.50 49.99 51.90 49.00 0.58 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 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 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 short 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 50.75 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 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 short 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 50.75 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.

Daily charts

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Daily chart
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