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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 2024-07-11 View latest technical analysis

10 day averaged volume of Progress Software is 409120

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	54.94	54.05	55.01	53.70	0.807 times
10 Wed Jul 2024	53.37	53.81	53.81	52.99	0.854 times
09 Tue Jul 2024	53.79	54.36	54.44	53.38	0.53 times
08 Mon Jul 2024	54.36	55.00	55.09	54.33	0.656 times
05 Fri Jul 2024	55.08	54.28	55.12	54.16	0.573 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.449 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.449 times
02 Tue Jul 2024	54.84	53.53	54.85	52.82	0.838 times
01 Mon Jul 2024	53.55	54.09	54.23	52.89	1.121 times
28 Fri Jun 2024	54.26	54.40	55.37	53.78	2.368 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.9, but if it comes below 54.9, then a intra day sell could be more profitable.
If you take a sell trade below 54.9, then use 54.9 as stoploss and 52.2 as target. However if you take a buy trade in stock , then use 54.9 as stoploss and 58.1 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	51.50
Downside Target	53.81
Downside Target	54.00
Downside Target	54.57
Downside Target	54.85
Upside Target	55.09
Upside Target	55.12
Upside Target	55.37

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	53.59
Downside Intraday Target	52.24
Upside Intraday Target	55.69
Upside Intraday Target	56.44
Downside Intraday Target	54.34

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	54.94	55.00	55.09	52.99	2.786 times
05 Fri Jul 2024	55.08	54.72	55.12	54.00	0.424 times
03 Wed Jul 2024	54.43	54.09	54.85	52.82	0.209 times
28 Fri Jun 2024	54.26	49.03	55.37	48.00	1.806 times
21 Fri Jun 2024	48.93	49.44	49.58	48.16	2.083 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
11 Thu Jul 2024	54.94	54.09	55.12	52.82	0.205 times
28 Fri Jun 2024	54.26	50.78	55.37	48.00	1.786 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

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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Progress Software in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Progress Software Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Progress Software in short term and BUY signal is strong.

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 54.25 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 rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.