(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 2024-06-24 View latest technical analysis
10 day averaged volume of Progress Software is 592460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 48.98 | 49.03 | 49.51 | 48.82 | 0.797 times |
| 21 Fri Jun 2024 | 48.93 | 48.47 | 49.25 | 48.47 | 2.053 times |
| 20 Thu Jun 2024 | 48.20 | 48.81 | 49.03 | 48.16 | 0.703 times |
| 18 Tue Jun 2024 | 48.97 | 49.44 | 49.58 | 48.79 | 1.654 times |
| 18 Tue Jun 2024 | 48.97 | 49.44 | 49.58 | 48.79 | 1.654 times |
| 17 Mon Jun 2024 | 49.50 | 49.45 | 49.60 | 49.09 | 0.463 times |
| 14 Fri Jun 2024 | 49.53 | 49.95 | 50.10 | 49.51 | 0.578 times |
| 13 Thu Jun 2024 | 50.02 | 50.36 | 50.37 | 49.98 | 0.556 times |
| 12 Wed Jun 2024 | 50.57 | 51.17 | 51.37 | 50.37 | 1.124 times |
| 11 Tue Jun 2024 | 50.47 | 49.53 | 50.52 | 49.38 | 0.665 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.1, but if it comes above 49.1, then a intra day buy could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 48.3 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 49.72 as target.
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 48.16 |
| Upside Target | 50.94 |
| Upside Target | 51.37 |
| Upside Target | 51.50 |
| Upside Target | 51.90 |
| Upside Target | 52.43 |
| Upside Target | 53.81 |
| Upside Target | 54.57 |
| Upside Target | 58.07 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 48.7 |
| Downside Intraday Target | 48.41 |
| Upside Intraday Target | 49.39 |
| Upside Intraday Target | 49.79 |
| Upside Intraday Target | 49.1 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 48.98 | 49.03 | 49.51 | 48.82 | 0.181 times |
| 21 Fri Jun 2024 | 48.93 | 49.44 | 49.58 | 48.16 | 2.083 times |
| 18 Tue Jun 2024 | 48.97 | 49.45 | 49.60 | 48.79 | 0.61 times |
| 14 Fri Jun 2024 | 49.53 | 49.58 | 51.37 | 49.37 | 1.108 times |
| 07 Fri Jun 2024 | 50.16 | 50.78 | 50.94 | 49.62 | 0.927 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 |
| 24 Mon Jun 2024 | 48.98 | 50.78 | 51.37 | 48.16 | 1.179 times |
| 31 Fri May 2024 | 50.65 | 49.99 | 51.90 | 49.00 | 0.618 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 |
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 49.3 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 49.3 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.