(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 2024-06-04 View latest technical analysis
10 day averaged volume of Progress Software is 358591
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 49.88 | 49.90 | 50.35 | 49.62 | 1.325 times |
| 03 Mon Jun 2024 | 50.22 | 50.78 | 50.94 | 50.15 | 0.915 times |
| 31 Fri May 2024 | 50.65 | 49.82 | 50.77 | 49.76 | 1.198 times |
| 30 Thu May 2024 | 49.50 | 49.65 | 49.78 | 49.12 | 0.945 times |
| 29 Wed May 2024 | 49.71 | 49.40 | 50.17 | 49.00 | 2.079 times |
| 28 Tue May 2024 | 50.07 | 50.29 | 50.59 | 49.96 | 1.361 times |
| 23 Thu May 2024 | 50.58 | 51.29 | 51.29 | 50.42 | 0.558 times |
| 22 Wed May 2024 | 51.32 | 51.35 | 51.68 | 50.92 | 0.762 times |
| 21 Tue May 2024 | 51.31 | 51.77 | 51.84 | 51.07 | 0.584 times |
| 20 Mon May 2024 | 51.64 | 51.44 | 51.72 | 50.90 | 0.929 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.2, but if it comes above 50.2, then a intra day buy could be more profitable.
If you take a sell trade below 50.2, then use 50.2 as stoploss and 49.4 as target. However if you take a buy trade in stock , then use 50.2 as stoploss and 50.84 as target.
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.00 |
| Upside Target | 51.49 |
| Upside Target | 51.50 |
| Upside Target | 51.84 |
| Upside Target | 51.90 |
| Upside Target | 52.43 |
| Upside Target | 53.81 |
| Upside Target | 54.57 |
| Upside Target | 58.07 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 49.35 |
| Downside Intraday Target | 48.83 |
| Upside Intraday Target | 50.67 |
| Upside Intraday Target | 51.47 |
| Upside Intraday Target | 50.15 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 49.88 | 50.78 | 50.94 | 49.62 | 0.401 times |
| 31 Fri May 2024 | 50.65 | 50.29 | 50.77 | 49.00 | 1.97 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 |
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 |
| 04 Tue Jun 2024 | 49.88 | 50.78 | 50.94 | 49.62 | 0.115 times |
| 31 Fri May 2024 | 50.65 | 49.99 | 51.90 | 49.00 | 0.618 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 |
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 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 gaining momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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
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 50.32 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 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 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 gaining momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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
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 50.32 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.