Mobile app version of munafa.us
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-06 View latest technical analysis

10 day averaged volume of Progress Software is 369299

Date Daily Closing Price Open High Low Volume
06 Tue Aug 2024 55.41 55.38 55.91 54.69 0.796 times
05 Mon Aug 2024 55.35 54.46 56.31 54.04 1.15 times
02 Fri Aug 2024 56.57 55.62 56.99 55.32 0.958 times
01 Thu Aug 2024 57.32 58.11 58.44 56.89 1.205 times
31 Wed Jul 2024 58.40 59.28 59.68 58.27 1.172 times
30 Tue Jul 2024 59.00 58.63 59.15 58.24 1.238 times
29 Mon Jul 2024 58.45 57.99 58.49 57.69 0.814 times
26 Fri Jul 2024 57.89 58.00 58.22 57.47 0.83 times
25 Thu Jul 2024 57.44 56.41 57.72 55.89 1.075 times
24 Wed Jul 2024 56.11 55.74 56.25 55.62 0.667 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55 as stoploss in an intra day buy trade for a target of 56.4. However, stock will show a bearish move below 55.

Share price targets for Progress Software (PRGS)

Target Type Value
Downside Target 48.00
Downside Target 49.00
Downside Target 51.90
Downside Target 55.37
Upside Target 55.62
Upside Target 56.31
Upside Target 57.40
Upside Target 58.22
Upside Target 58.44
Upside Target 59.68

Intraday share price targets for Progress Software (PRGS)

Target Type Value
Downside Intraday Target 54.2
Downside Intraday Target 52.98
Upside Intraday Target 56.47
Upside Intraday Target 57.52
Downside Intraday Target 55.25

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
06 Tue Aug 2024 55.41 54.46 56.31 54.04 0.361 times
02 Fri Aug 2024 56.57 57.99 59.68 55.32 1.262 times
26 Fri Jul 2024 57.89 55.58 58.22 55.15 0.818 times
19 Fri Jul 2024 55.54 55.26 57.40 54.96 1.305 times
12 Fri Jul 2024 55.13 55.00 55.62 52.99 3.535 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
06 Tue Aug 2024 55.41 58.11 58.44 54.04 0.2 times
31 Wed Jul 2024 58.40 54.09 59.68 52.82 0.606 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

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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 57.28 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 positive

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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 57.28 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 positive

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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme