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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 2024-07-25 View latest technical analysis

10 day averaged volume of Progress Software is 344459

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	57.44	56.41	57.72	55.89	1.152 times
24 Wed Jul 2024	56.11	55.74	56.25	55.62	0.715 times
23 Tue Jul 2024	56.00	55.61	56.45	55.37	0.956 times
22 Mon Jul 2024	56.02	55.58	56.09	55.15	0.865 times
19 Fri Jul 2024	55.54	56.44	56.44	55.23	1.069 times
18 Thu Jul 2024	56.43	57.07	57.40	56.01	1.082 times
17 Wed Jul 2024	57.02	55.93	57.02	55.93	1.489 times
16 Tue Jul 2024	56.53	55.56	56.56	55.21	1.197 times
15 Mon Jul 2024	55.12	55.26	55.68	54.96	0.761 times
12 Fri Jul 2024	55.13	55.14	55.62	54.53	0.908 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 57.7, for a target of 56.3 or 55.22

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	49.00
Downside Target	51.50
Downside Target	54.96
Downside Target	55.12
Downside Target	55.15
Downside Target	55.37
Downside Target	55.62
Downside Target	57.40
Upside Target	57.72

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	55.82
Downside Intraday Target	54.2
Upside Intraday Target	58.39
Upside Intraday Target	59.34
Downside Intraday Target	56.77

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	57.44	55.58	57.72	55.15	0.659 times
19 Fri Jul 2024	55.54	55.26	57.40	54.96	1.305 times
12 Fri Jul 2024	55.13	55.00	55.62	52.99	3.535 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

Price has moved up 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 Thu Jul 2024	57.44	54.09	57.72	52.82	0.486 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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Progress Software in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 56.24 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.