(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 2024-06-10 View latest technical analysis
10 day averaged volume of Progress Software is 405800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 49.68 | 49.58 | 49.98 | 49.37 | 0.8 times |
| 07 Fri Jun 2024 | 50.16 | 49.68 | 50.24 | 49.68 | 0.586 times |
| 06 Thu Jun 2024 | 50.06 | 50.09 | 50.50 | 49.97 | 1.189 times |
| 05 Wed Jun 2024 | 50.36 | 49.97 | 50.46 | 49.71 | 0.82 times |
| 04 Tue Jun 2024 | 49.88 | 49.90 | 50.35 | 49.62 | 1.171 times |
| 03 Mon Jun 2024 | 50.22 | 50.78 | 50.94 | 50.15 | 0.809 times |
| 31 Fri May 2024 | 50.65 | 49.82 | 50.77 | 49.76 | 1.058 times |
| 30 Thu May 2024 | 49.50 | 49.65 | 49.78 | 49.12 | 0.835 times |
| 29 Wed May 2024 | 49.71 | 49.40 | 50.17 | 49.00 | 1.837 times |
| 28 Tue May 2024 | 50.07 | 50.29 | 50.59 | 49.96 | 1.203 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.9, but if it comes above 49.9, then a intra day buy could be more profitable.
If you take a sell trade below 49.9, then use 49.9 as stoploss and 49.1 as target. However if you take a buy trade in stock , then use 49.9 as stoploss and 50.64 as target.
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 49.00 |
| Upside Target | 50.94 |
| Upside Target | 51.50 |
| Upside Target | 51.84 |
| 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 | 49.37 |
| Downside Intraday Target | 49.07 |
| Upside Intraday Target | 49.98 |
| Upside Intraday Target | 50.29 |
| Downside Intraday Target | 49.68 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 49.68 | 49.58 | 49.98 | 49.37 | 0.175 times |
| 07 Fri Jun 2024 | 50.16 | 50.78 | 50.94 | 49.62 | 0.927 times |
| 31 Fri May 2024 | 50.65 | 50.29 | 50.77 | 49.00 | 1.97 times |
| 23 Thu May 2024 | 50.58 | 51.44 | 51.84 | 50.42 | 0.591 times |
| 17 Fri May 2024 | 51.42 | 51.29 | 51.90 | 50.67 | 1.191 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 |
| 10 Mon Jun 2024 | 49.68 | 50.78 | 50.94 | 49.37 | 0.312 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
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 and selling is picking up 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 50.01 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
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 and selling is picking up 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 50.01 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.