(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 2024-07-02 View latest technical analysis
10 day averaged volume of Progress Software is 877190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 54.84 | 53.53 | 54.85 | 52.82 | 0.391 times |
| 01 Mon Jul 2024 | 53.55 | 54.09 | 54.23 | 52.89 | 0.523 times |
| 28 Fri Jun 2024 | 54.26 | 54.40 | 55.37 | 53.78 | 1.104 times |
| 27 Thu Jun 2024 | 54.24 | 54.76 | 54.90 | 52.90 | 1.008 times |
| 26 Wed Jun 2024 | 54.94 | 48.00 | 54.99 | 48.00 | 1.816 times |
| 25 Tue Jun 2024 | 48.70 | 49.16 | 49.26 | 48.51 | 0.915 times |
| 24 Mon Jun 2024 | 48.98 | 49.03 | 49.51 | 48.82 | 0.538 times |
| 21 Fri Jun 2024 | 48.93 | 48.47 | 49.25 | 48.47 | 1.387 times |
| 20 Thu Jun 2024 | 48.20 | 48.81 | 49.03 | 48.16 | 0.475 times |
| 18 Tue Jun 2024 | 48.97 | 49.44 | 49.58 | 48.79 | 1.117 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 55.6, for a target of 52.9 or 50.75
Share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Target | 48.00 |
| Downside Target | 51.37 |
| Downside Target | 51.90 |
| Downside Target | 52.82 |
| Downside Target | 53.81 |
| Downside Target | 54.57 |
| Upside Target | 54.85 |
| Upside Target | 55.37 |
Intraday share price targets for Progress Software (PRGS)
| Target Type | Value |
| Downside Intraday Target | 53.49 |
| Downside Intraday Target | 52.14 |
| Upside Intraday Target | 55.52 |
| Upside Intraday Target | 56.2 |
| Downside Intraday Target | 54.17 |
Weekly technical analysis of Progress Software (PRGS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 54.84 | 54.09 | 54.85 | 52.82 | 0.17 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 |
| 18 Tue Jun 2024 | 48.97 | 49.45 | 49.60 | 48.79 | 0.61 times |
| 14 Fri Jun 2024 | 49.53 | 49.58 | 51.37 | 49.37 | 1.108 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 |
| 02 Tue Jul 2024 | 54.84 | 54.09 | 54.85 | 52.82 | 0.064 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 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 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 red color and prices are in or above the red 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 51.78 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.
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 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 red color and prices are in or above the red 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 51.78 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.