(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 2024-05-30 View latest technical analysis
10 day averaged volume of Progress Software is 380645
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 49.50 | 49.65 | 49.78 | 49.12 | 0.891 times |
| 29 Wed May 2024 | 49.71 | 49.40 | 50.17 | 49.00 | 1.959 times |
| 28 Tue May 2024 | 50.07 | 50.29 | 50.59 | 49.96 | 1.282 times |
| 23 Thu May 2024 | 50.58 | 51.29 | 51.29 | 50.42 | 0.526 times |
| 22 Wed May 2024 | 51.32 | 51.35 | 51.68 | 50.92 | 0.718 times |
| 21 Tue May 2024 | 51.31 | 51.77 | 51.84 | 51.07 | 0.55 times |
| 20 Mon May 2024 | 51.64 | 51.44 | 51.72 | 50.90 | 0.875 times |
| 17 Fri May 2024 | 51.42 | 51.86 | 51.86 | 51.15 | 0.629 times |
| 16 Thu May 2024 | 51.70 | 51.32 | 51.90 | 50.93 | 1.145 times |
| 15 Wed May 2024 | 51.43 | 51.48 | 51.61 | 51.10 | 1.6 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 49.5, for a target of 50.2 or 50.86
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.00 |
| Upside Target | 51.80 |
| Upside Target | 51.84 |
| Upside Target | 51.90 |
| Upside Target | 52.43 |
| Upside Target | 53.81 |
| Upside Target | 54.57 |
| Upside Target | 58.07 |
| Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 48.8 |
| Downside Intraday Target | 48.11 |
| Upside Intraday Target | 50.39 |
| Upside Intraday Target | 51.29 |
| Upside Intraday Target | 49.7 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 49.50 | 50.29 | 50.59 | 49.00 | 1.548 times |
| 23 Thu May 2024 | 50.58 | 51.44 | 51.84 | 50.42 | 0.591 times |
| 17 Fri May 2024 | 51.42 | 51.29 | 51.90 | 50.67 | 1.191 times |
| 10 Fri May 2024 | 50.95 | 50.67 | 51.49 | 50.32 | 0.847 times |
| 03 Fri May 2024 | 50.51 | 50.23 | 50.76 | 49.72 | 0.788 times |
Price has moved down 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 |
| 30 Thu May 2024 | 49.50 | 49.99 | 51.90 | 49.00 | 0.58 times |
| 30 Tue Apr 2024 | 49.82 | 53.29 | 53.81 | 49.00 | 0.802 times |
| 28 Thu Mar 2024 | 53.31 | 53.25 | 54.57 | 51.50 | 1.004 times |
| 29 Thu Feb 2024 | 53.36 | 56.81 | 58.07 | 52.43 | 1.677 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Progress Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 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 SELL signal in short term but selling is losing 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 50.75 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Progress Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 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 SELL signal in short term but selling is losing 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 50.75 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.