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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 2024-10-24 View latest technical analysis

10 day averaged volume of Progress Software is 481260

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	65.12	65.08	65.27	64.70	0.618 times
23 Wed Oct 2024	64.87	65.10	65.48	64.68	0.623 times
22 Tue Oct 2024	65.41	65.43	65.94	65.20	0.765 times
21 Mon Oct 2024	65.38	66.16	66.16	65.32	0.891 times
18 Fri Oct 2024	65.91	66.50	66.69	65.67	0.57 times
17 Thu Oct 2024	66.33	67.12	67.13	65.94	0.74 times
16 Wed Oct 2024	67.25	66.90	67.90	66.50	1.369 times
15 Tue Oct 2024	66.62	66.35	67.12	66.32	1.058 times
14 Mon Oct 2024	66.25	65.35	66.30	65.14	1.572 times
11 Fri Oct 2024	65.35	65.32	65.83	65.21	0.89 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.2, but if it comes above 65.2, then a intra day buy could be more profitable.
If you take a sell trade below 65.2, then use 65.2 as stoploss and 64.3 as target. However if you take a buy trade in stock , then use 65.2 as stoploss and 65.92 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	52.82
Downside Target	54.04
Downside Target	55.27
Downside Target	58.75
Downside Target	64.53
Upside Target	66.16
Upside Target	66.52
Upside Target	66.99
Upside Target	67.40
Upside Target	67.48
Upside Target	67.90

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	64.48
Downside Intraday Target	63.84
Upside Intraday Target	65.96
Upside Intraday Target	66.8
Upside Intraday Target	65.32

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	65.12	66.16	66.16	64.68	0.546 times
18 Fri Oct 2024	65.91	65.35	67.90	65.14	1.09 times
11 Fri Oct 2024	65.35	65.88	66.99	65.18	0.655 times
04 Fri Oct 2024	66.29	66.01	67.48	64.53	0.402 times
27 Fri Sep 2024	66.30	57.93	66.52	56.23	3.426 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
24 Thu Oct 2024	65.12	67.48	67.90	64.53	0.549 times
30 Mon Sep 2024	67.37	57.94	67.40	55.27	2.535 times
30 Fri Aug 2024	58.15	58.11	58.75	54.04	0.828 times
31 Wed Jul 2024	58.40	54.09	59.68	52.82	0.606 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 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 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.

Progress Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 66.01 and Progress Software (PRGS) stock is trading below this level. This means that stock is falling with high volumes. 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 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.