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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.

10 day averaged volume of Progress Software is 662900

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 52.63 52.72 53.20 51.50 3.453 times
26 Tue Mar 2024 52.65 53.20 53.26 51.97 2.233 times
25 Mon Mar 2024 52.76 52.41 53.33 52.16 2.095 times
22 Fri Mar 2024 52.48 52.68 52.98 52.21 1.267 times
21 Thu Mar 2024 52.89 53.35 53.90 52.74 0.635 times
20 Wed Mar 2024 52.98 52.94 53.50 52.74 0.485 times
19 Tue Mar 2024 53.01 52.77 53.87 52.72 0.855 times
18 Mon Mar 2024 52.82 52.50 53.01 52.40 0.551 times
15 Fri Mar 2024 52.58 52.35 52.88 52.33 0.969 times
14 Thu Mar 2024 52.94 53.75 53.75 52.79 0.387 times

Stock of Progress Software (PRGS) has showed a significant fall. This could be a good time to exit from this stock.

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 52.6 as stoploss in an intra day buy trade for a target of 53.07. However, stock will show a bearish move below 52.6.

Share price targets for Progress Software (PRGS)

Target Type Value
Downside Target 49.02
Downside Target 51.50
Upside Target 53.90
Upside Target 54.20
Upside Target 54.57
Upside Target 54.72
Upside Target 56.13
Upside Target 56.51
Upside Target 58.07
Upside Target 60.33

Intraday share price targets for Progress Software (PRGS)

Target Type Value
Downside Intraday Target 51.64
Downside Intraday Target 50.66
Upside Intraday Target 53.47
Upside Intraday Target 54.32
Downside Intraday Target 52.49

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 52.63 52.41 53.33 51.50 2.052 times
22 Fri Mar 2024 52.48 52.50 53.90 52.21 1.374 times
15 Fri Mar 2024 52.58 53.65 54.20 52.33 0.65 times
08 Fri Mar 2024 53.89 53.09 54.57 51.98 0.32 times
01 Fri Mar 2024 53.35 56.17 56.51 52.19 5.931 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Progress Software (PRGS)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 52.63 53.25 54.57 51.50 0.919 times
29 Thu Feb 2024 53.36 56.81 58.07 52.43 1.677 times
31 Wed Jan 2024 56.81 54.09 60.33 51.80 1.422 times
29 Fri Dec 2023 54.30 53.87 56.13 52.74 1.054 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Progress Software in short term but the buy 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 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 52.7 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 negative.

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

MACD generated a BUY signal for Progress Software in short term but the buy 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 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 52.7 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 negative.

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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Daily chart
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