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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 2024-06-14 View latest technical analysis

10 day averaged volume of Progress Software is 399990

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 49.53 49.95 50.10 49.51 0.856 times
13 Thu Jun 2024 50.02 50.36 50.37 49.98 0.824 times
12 Wed Jun 2024 50.57 51.17 51.37 50.37 1.666 times
11 Tue Jun 2024 50.47 49.53 50.52 49.38 0.986 times
10 Mon Jun 2024 49.68 49.58 49.98 49.37 0.812 times
07 Fri Jun 2024 50.16 49.68 50.24 49.68 0.594 times
06 Thu Jun 2024 50.06 50.09 50.50 49.97 1.206 times
05 Wed Jun 2024 50.36 49.97 50.46 49.71 0.832 times
04 Tue Jun 2024 49.88 49.90 50.35 49.62 1.188 times
03 Mon Jun 2024 50.22 50.78 50.94 50.15 0.82 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.8, but if it comes above 49.8, then a intra day buy could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 48.9 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 50.44 as target.

Share price targets for Progress Software (PRGS)

Target Type Value
Downside Target 49.00
Upside Target 51.37
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 48.81
Downside Intraday Target 48.09
Upside Intraday Target 50.81
Upside Intraday Target 52.09
Upside Intraday Target 50.09

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 49.53 49.58 51.37 49.37 1.108 times
07 Fri Jun 2024 50.16 50.78 50.94 49.62 0.927 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

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
14 Fri Jun 2024 49.53 50.78 51.37 49.37 0.559 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 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 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 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 Weak 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 getting stronger in this stock.

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 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 50.13 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 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 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 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 Weak 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 getting stronger in this stock.

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 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 50.13 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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