(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 2024-08-07 View latest technical analysis
10 day averaged volume of Progress Software is 365789
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 55.43 | 55.71 | 56.60 | 55.27 | 0.795 times |
| 06 Tue Aug 2024 | 55.41 | 55.38 | 55.91 | 54.69 | 0.804 times |
| 05 Mon Aug 2024 | 55.35 | 54.46 | 56.31 | 54.04 | 1.161 times |
| 02 Fri Aug 2024 | 56.57 | 55.62 | 56.99 | 55.32 | 0.967 times |
| 01 Thu Aug 2024 | 57.32 | 58.11 | 58.44 | 56.89 | 1.217 times |
| 31 Wed Jul 2024 | 58.40 | 59.28 | 59.68 | 58.27 | 1.183 times |
| 30 Tue Jul 2024 | 59.00 | 58.63 | 59.15 | 58.24 | 1.25 times |
| 29 Mon Jul 2024 | 58.45 | 57.99 | 58.49 | 57.69 | 0.822 times |
| 26 Fri Jul 2024 | 57.89 | 58.00 | 58.22 | 57.47 | 0.838 times |
| 25 Thu Jul 2024 | 57.44 | 56.41 | 57.72 | 55.89 | 1.085 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 55.3 as stoploss in an intra day buy trade for a target of 56.51. However, stock will show a bearish move below 55.3.
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 | 56.60 |
| 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 | 54.11 |
| Downside Intraday Target | 52.8 |
| Upside Intraday Target | 56.67 |
| Upside Intraday Target | 57.92 |
| Downside Intraday Target | 55.36 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 55.43 | 54.46 | 56.60 | 54.04 | 0.507 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 |
| 07 Wed Aug 2024 | 55.43 | 58.11 | 58.44 | 54.04 | 0.239 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 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 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 losing 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 SELL signal in short term and selling is picking up 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 57.21 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 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 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 losing 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 SELL signal in short term and selling is picking up 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 57.21 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.