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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 2024-07-09 View latest technical analysis

10 day averaged volume of Progress Software is 591970

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	53.79	54.36	54.44	53.38	0.367 times
08 Mon Jul 2024	54.36	55.00	55.09	54.33	0.453 times
05 Fri Jul 2024	55.08	54.28	55.12	54.16	0.396 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.31 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.31 times
02 Tue Jul 2024	54.84	53.53	54.85	52.82	0.579 times
01 Mon Jul 2024	53.55	54.09	54.23	52.89	0.775 times
28 Fri Jun 2024	54.26	54.40	55.37	53.78	1.636 times
27 Thu Jun 2024	54.24	54.76	54.90	52.90	1.494 times
26 Wed Jun 2024	54.94	48.00	54.99	48.00	2.69 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 54.4 as stoploss in an intra day sell trade for a target of 51.81. However, stock will show a bullish move above 54.4.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	51.50
Upside Target	53.81
Upside Target	54.00
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	53.08
Downside Intraday Target	52.38
Upside Intraday Target	54.79
Upside Intraday Target	55.8
Upside Intraday Target	54.09

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	53.79	55.00	55.09	53.38	1.16 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
09 Tue Jul 2024	53.79	54.09	55.12	52.82	0.151 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 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 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 losing momentum.

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

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 54.47 and Progress Software (PRGS) stock is trading below this level. This means that stock is falling with high volumes. 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.