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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 2024-06-25 View latest technical analysis

10 day averaged volume of Progress Software is 607190

Date Daily Closing Price Open High Low Volume
25 Tue Jun 2024 48.70 49.16 49.26 48.51 1.321 times
24 Mon Jun 2024 48.98 49.03 49.51 48.82 0.777 times
21 Fri Jun 2024 48.93 48.47 49.25 48.47 2.003 times
20 Thu Jun 2024 48.20 48.81 49.03 48.16 0.686 times
18 Tue Jun 2024 48.97 49.44 49.58 48.79 1.614 times
18 Tue Jun 2024 48.97 49.44 49.58 48.79 1.614 times
17 Mon Jun 2024 49.50 49.45 49.60 49.09 0.452 times
14 Fri Jun 2024 49.53 49.95 50.10 49.51 0.564 times
13 Thu Jun 2024 50.02 50.36 50.37 49.98 0.543 times
12 Wed Jun 2024 50.57 51.17 51.37 50.37 1.097 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, but if it comes above 49, then a intra day buy could be more profitable.
If you take a sell trade below 49, then use 49 as stoploss and 48.2 as target. However if you take a buy trade in stock , then use 49 as stoploss and 49.65 as target.

Share price targets for Progress Software (PRGS)

Target Type Value
Downside Target 48.16
Upside Target 50.94
Upside Target 51.37
Upside Target 51.50
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 48.3
Downside Intraday Target 47.91
Upside Intraday Target 49.3
Upside Intraday Target 49.91
Upside Intraday Target 48.91

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
25 Tue Jun 2024 48.70 49.03 49.51 48.51 0.488 times
21 Fri Jun 2024 48.93 49.44 49.58 48.16 2.083 times
18 Tue Jun 2024 48.97 49.45 49.60 48.79 0.61 times
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

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
25 Tue Jun 2024 48.70 50.78 51.37 48.16 1.294 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 49.15 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 49.15 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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