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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 2024-09-11 View latest technical analysis

10 day averaged volume of Progress Software is 314015

Date Daily Closing Price Open High Low Volume
11 Wed Sep 2024 57.23 57.34 57.66 56.50 2.151 times
10 Tue Sep 2024 57.62 56.54 57.71 56.29 1.096 times
09 Mon Sep 2024 56.22 57.65 57.76 55.27 2.124 times
06 Fri Sep 2024 57.65 57.85 58.18 57.56 0.582 times
05 Thu Sep 2024 57.68 58.18 58.18 57.09 1.174 times
04 Wed Sep 2024 58.18 57.87 58.40 57.65 0.852 times
03 Tue Sep 2024 58.15 57.94 58.90 57.94 0.877 times
30 Fri Aug 2024 58.15 58.26 58.52 57.86 0.973 times
30 Fri Aug 2024 58.15 58.26 58.52 57.86 0.973 times
29 Thu Aug 2024 58.26 58.26 58.75 57.99 0.786 times

Stock of Progress Software (PRGS) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 56.8 or till 56.1. Use a stoploss of 57.46 and if the stock hits stoploss, then it can shoot up till 58.07

Share price targets for Progress Software (PRGS)

Target Type Value
Downside Target 48.00
Downside Target 49.00
Downside Target 51.90
Downside Target 54.04
Downside Target 55.27
Upside Target 57.86
Upside Target 58.52
Upside Target 58.75
Upside Target 58.90
Upside Target 59.68

Intraday share price targets for Progress Software (PRGS)

Target Type Value
Downside Intraday Target 55.75
Downside Intraday Target 54.26
Upside Intraday Target 58.24
Upside Intraday Target 59.24
Downside Intraday Target 56.75

Weekly technical analysis of Progress Software (PRGS)

Date Weekly Closing Price Open High Low Volume
11 Wed Sep 2024 57.23 57.65 57.76 55.27 1.541 times
06 Fri Sep 2024 57.65 57.94 58.90 57.09 3.579 times
30 Fri Aug 2024 58.15 58.26 58.52 57.86 0.243 times
30 Fri Aug 2024 58.15 58.00 58.75 57.04 1.268 times
23 Fri Aug 2024 57.80 56.78 57.80 56.30 0.723 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Progress Software (PRGS)

Date Monthly Closing Price Open High Low Volume
11 Wed Sep 2024 57.23 57.94 58.90 55.27 0.443 times
30 Fri Aug 2024 58.15 58.11 58.75 54.04 0.828 times
31 Wed Jul 2024 58.40 54.09 59.68 52.82 0.606 times
28 Fri Jun 2024 54.26 50.78 55.37 48.00 1.786 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Progress Software in short term but the sell signal is initial and weak.

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 weakening, and bulls 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 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 57.51 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Progress Software in short term but the sell signal is initial and weak.

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 weakening, and bulls 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 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 57.51 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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