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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 2024-07-08 View latest technical analysis

10 day averaged volume of Progress Software is 612340

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	54.36	55.00	55.09	54.33	0.438 times
05 Fri Jul 2024	55.08	54.28	55.12	54.16	0.383 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.3 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.3 times
02 Tue Jul 2024	54.84	53.53	54.85	52.82	0.56 times
01 Mon Jul 2024	53.55	54.09	54.23	52.89	0.749 times
28 Fri Jun 2024	54.26	54.40	55.37	53.78	1.582 times
27 Thu Jun 2024	54.24	54.76	54.90	52.90	1.444 times
26 Wed Jun 2024	54.94	48.00	54.99	48.00	2.601 times
25 Tue Jun 2024	48.70	49.16	49.26	48.51	1.31 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.3, but if it comes below 54.3, then a intra day sell could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 51.65 as target. However if you take a buy trade in stock , then use 54.3 as stoploss and 57.4 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	51.50
Downside Target	54.00
Downside Target	54.33
Upside Target	54.57
Upside Target	54.85
Upside Target	55.09
Upside Target	55.12
Upside Target	55.37

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	54.1
Downside Intraday Target	53.83
Upside Intraday Target	54.86
Upside Intraday Target	55.35
Upside Intraday Target	54.59

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	54.36	55.00	55.09	54.33	0.641 times
05 Fri Jul 2024	55.08	54.72	55.12	54.00	0.424 times
03 Wed Jul 2024	54.43	54.09	54.85	52.82	0.209 times
28 Fri Jun 2024	54.26	49.03	55.37	48.00	1.806 times
21 Fri Jun 2024	48.93	49.44	49.58	48.16	2.083 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
08 Mon Jul 2024	54.36	54.09	55.12	52.82	0.134 times
28 Fri Jun 2024	54.26	50.78	55.37	48.00	1.786 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Progress Software ( (PRGS) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Progress Software in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Progress Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Progress Software in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 53.71 and Progress Software (PRGS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.