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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 2024-07-16 View latest technical analysis

10 day averaged volume of Progress Software is 268460

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	56.53	55.56	56.56	55.21	1.536 times
15 Mon Jul 2024	55.12	55.26	55.68	54.96	0.977 times
12 Fri Jul 2024	55.13	55.14	55.62	54.53	1.165 times
11 Thu Jul 2024	54.94	54.05	55.01	53.70	1.23 times
10 Wed Jul 2024	53.37	53.81	53.81	52.99	1.302 times
09 Tue Jul 2024	53.79	54.36	54.44	53.38	0.808 times
08 Mon Jul 2024	54.36	55.00	55.09	54.33	0.999 times
05 Fri Jul 2024	55.08	54.28	55.12	54.16	0.874 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.684 times
03 Wed Jul 2024	54.43	54.72	54.85	54.00	0.684 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.8, but if it comes below 55.8, then a intra day sell could be more profitable.
If you take a sell trade below 55.8, then use 55.8 as stoploss and 53.14 as target. However if you take a buy trade in stock , then use 55.8 as stoploss and 58.9 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	49.00
Downside Target	51.50
Downside Target	54.85
Downside Target	54.96
Downside Target	55.12
Downside Target	55.37
Downside Target	55.62
Upside Target	56.56

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	55.47
Downside Intraday Target	54.42
Upside Intraday Target	57.07
Upside Intraday Target	57.62
Downside Intraday Target	56.02

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	56.53	55.26	56.56	54.96	0.456 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
28 Fri Jun 2024	54.26	49.03	55.37	48.00	1.806 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
16 Tue Jul 2024	56.53	54.09	56.56	52.82	0.284 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 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 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 54.81 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.