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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 2024-08-09 View latest technical analysis

10 day averaged volume of Progress Software is 363710

Date Daily Closing Price Open High Low Volume
09 Fri Aug 2024 56.42 56.02 56.44 55.22 0.559 times
08 Thu Aug 2024 56.13 55.74 56.13 55.23 0.912 times
07 Wed Aug 2024 55.43 55.71 56.60 55.27 0.799 times
06 Tue Aug 2024 55.41 55.38 55.91 54.69 0.809 times
05 Mon Aug 2024 55.35 54.46 56.31 54.04 1.168 times
02 Fri Aug 2024 56.57 55.62 56.99 55.32 0.973 times
01 Thu Aug 2024 57.32 58.11 58.44 56.89 1.224 times
31 Wed Jul 2024 58.40 59.28 59.68 58.27 1.19 times
30 Tue Jul 2024 59.00 58.63 59.15 58.24 1.257 times
29 Mon Jul 2024 58.45 57.99 58.49 57.69 0.826 times

My analysis of stock is bearish for shortterm, and stock might move down till 55.5 or till 54.2. Use a stoploss of 56.63 and if the stock hits stoploss, then it can shoot up till 57.73

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
Downside 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 54.77
Downside Intraday Target 53.13
Upside Intraday Target 57.33
Upside Intraday Target 58.25
Downside Intraday Target 55.69

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
09 Fri Aug 2024 56.42 54.46 56.60 54.04 0.776 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
09 Fri Aug 2024 56.42 58.11 58.44 54.04 0.309 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 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 56.98 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 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 56.98 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

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