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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 2024-08-20 View latest technical analysis

10 day averaged volume of Progress Software is 266222

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	56.85	56.53	56.90	56.30	0.609 times
19 Mon Aug 2024	56.68	56.78	57.12	56.42	0.64 times
16 Fri Aug 2024	56.64	56.51	56.88	56.42	0.608 times
15 Thu Aug 2024	56.69	56.85	57.10	56.39	0.977 times
14 Wed Aug 2024	56.05	56.46	56.73	55.80	0.608 times
13 Tue Aug 2024	56.48	55.94	56.75	55.87	1.519 times
12 Mon Aug 2024	55.60	56.28	56.67	55.37	1.442 times
09 Fri Aug 2024	56.42	56.02	56.44	55.22	0.763 times
08 Thu Aug 2024	56.13	55.74	56.13	55.23	1.246 times
07 Wed Aug 2024	55.43	55.71	56.60	55.27	1.092 times

My analysis of stock is bullish for shortterm, and stock might move up till 57.8 or till 59. Use a stoploss of 56.75 and if this stock hits its stoploss, then it can fall down till 55.72

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	49.00
Downside Target	51.90
Downside Target	55.15
Downside Target	56.30
Downside Target	56.60
Upside Target	57.10
Upside Target	57.12
Upside Target	58.22
Upside Target	58.44
Upside Target	59.68

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	56.39
Downside Intraday Target	55.94
Upside Intraday Target	57.21
Upside Intraday Target	57.58
Downside Intraday Target	56.76

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	56.85	56.78	57.12	56.30	0.242 times
16 Fri Aug 2024	56.64	56.28	57.10	55.37	0.889 times
09 Fri Aug 2024	56.42	54.46	56.60	54.04	0.776 times
02 Fri Aug 2024	56.57	57.99	59.68	55.32	1.262 times
26 Fri Jul 2024	57.89	55.58	58.22	55.15	0.818 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
20 Tue Aug 2024	56.85	58.11	58.44	54.04	0.534 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
31 Fri May 2024	50.65	49.99	51.90	49.00	0.618 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Progress Software in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Progress Software is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.22 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.