Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-17 View latest technical analysis

10 day averaged volume of Progress Software is 525500

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	66.33	67.12	67.13	65.94	0.677 times
16 Wed Oct 2024	67.25	66.90	67.90	66.50	1.254 times
15 Tue Oct 2024	66.62	66.35	67.12	66.32	0.969 times
14 Mon Oct 2024	66.25	65.35	66.30	65.14	1.439 times
11 Fri Oct 2024	65.35	65.32	65.83	65.21	0.815 times
10 Thu Oct 2024	65.22	66.24	66.53	65.18	1.395 times
09 Wed Oct 2024	66.75	66.22	66.99	66.00	0.799 times
08 Tue Oct 2024	66.02	66.02	66.26	65.52	0.725 times
07 Mon Oct 2024	65.84	65.88	66.65	65.59	0.725 times
04 Fri Oct 2024	66.29	65.39	66.36	64.67	0.735 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 67.9 as stoploss in an intra day sell trade for a target of 64.65. However, stock will show a bullish move above 67.9.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	52.82
Downside Target	54.04
Downside Target	55.27
Downside Target	58.75
Downside Target	64.53
Downside Target	65.18
Upside Target	66.52
Upside Target	66.99
Upside Target	67.40
Upside Target	67.48
Upside Target	67.90

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	65.01
Downside Intraday Target	63.7
Upside Intraday Target	67.77
Upside Intraday Target	69.22
Upside Intraday Target	66.46

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	66.33	65.35	67.90	65.14	0.973 times
11 Fri Oct 2024	65.35	65.88	66.99	65.18	0.655 times
04 Fri Oct 2024	66.29	66.01	67.48	64.53	0.402 times
27 Fri Sep 2024	66.30	57.93	66.52	56.23	3.426 times
20 Fri Sep 2024	57.59	58.29	58.78	57.22	1.192 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
17 Thu Oct 2024	66.33	67.48	67.90	64.53	0.444 times
30 Mon Sep 2024	67.37	57.94	67.40	55.27	2.535 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

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 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 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 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 losing momentum.

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

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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 66.19 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.