(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 2024-08-20 View latest technical analysis
10 day averaged volume of Progress Software is 266222
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 56.85 | 56.53 | 56.90 | 56.30 | 0.609 times |
| 19 Mon Aug 2024 | 56.68 | 56.78 | 57.12 | 56.42 | 0.64 times |
| 16 Fri Aug 2024 | 56.64 | 56.51 | 56.88 | 56.42 | 0.608 times |
| 15 Thu Aug 2024 | 56.69 | 56.85 | 57.10 | 56.39 | 0.977 times |
| 14 Wed Aug 2024 | 56.05 | 56.46 | 56.73 | 55.80 | 0.608 times |
| 13 Tue Aug 2024 | 56.48 | 55.94 | 56.75 | 55.87 | 1.519 times |
| 12 Mon Aug 2024 | 55.60 | 56.28 | 56.67 | 55.37 | 1.442 times |
| 09 Fri Aug 2024 | 56.42 | 56.02 | 56.44 | 55.22 | 0.763 times |
| 08 Thu Aug 2024 | 56.13 | 55.74 | 56.13 | 55.23 | 1.246 times |
| 07 Wed Aug 2024 | 55.43 | 55.71 | 56.60 | 55.27 | 1.092 times |
My analysis of stock is bullish for shortterm, and stock might move up till 57.8 or till 59. Use a stoploss of 56.75 and if this stock hits its stoploss, then it can fall down till 55.72
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 48.00 |
| Downside Target | 49.00 |
| Downside Target | 51.90 |
| Downside Target | 55.15 |
| Downside Target | 56.30 |
| Downside Target | 56.60 |
| Upside Target | 57.10 |
| Upside Target | 57.12 |
| 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 | 56.39 |
| Downside Intraday Target | 55.94 |
| Upside Intraday Target | 57.21 |
| Upside Intraday Target | 57.58 |
| Downside Intraday Target | 56.76 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 56.85 | 56.78 | 57.12 | 56.30 | 0.242 times |
| 16 Fri Aug 2024 | 56.64 | 56.28 | 57.10 | 55.37 | 0.889 times |
| 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 |
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 |
| 20 Tue Aug 2024 | 56.85 | 58.11 | 58.44 | 54.04 | 0.534 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 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 short 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 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 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 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.
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 HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Progress Software in short term but SELL 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 56.22 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.
Price action analysis of Progress Software ( (PRGS) ) based on a short 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 short 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 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 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 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.
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 HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Progress Software in short term but SELL 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 56.22 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.