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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 2024-10-22 View latest technical analysis

10 day averaged volume of Progress Software is 494530

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	65.41	65.43	65.94	65.20	0.744 times
21 Mon Oct 2024	65.38	66.16	66.16	65.32	0.867 times
18 Fri Oct 2024	65.91	66.50	66.69	65.67	0.554 times
17 Thu Oct 2024	66.33	67.12	67.13	65.94	0.72 times
16 Wed Oct 2024	67.25	66.90	67.90	66.50	1.332 times
15 Tue Oct 2024	66.62	66.35	67.12	66.32	1.03 times
14 Mon Oct 2024	66.25	65.35	66.30	65.14	1.53 times
11 Fri Oct 2024	65.35	65.32	65.83	65.21	0.866 times
10 Thu Oct 2024	65.22	66.24	66.53	65.18	1.482 times
09 Wed Oct 2024	66.75	66.22	66.99	66.00	0.849 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 65.1 as stoploss in an intra day buy trade for a target of 65.9. However, stock will show a bearish move below 65.1.

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
Upside Target	66.16
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	65.02
Downside Intraday Target	64.63
Upside Intraday Target	65.98
Upside Intraday Target	66.55
Upside Intraday Target	65.59

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	65.41	66.16	66.16	65.20	0.312 times
18 Fri Oct 2024	65.91	65.35	67.90	65.14	1.09 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

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
22 Tue Oct 2024	65.41	67.48	67.90	64.53	0.512 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Progress Software ( (PRGS) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Progress Software in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 66.08 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.