(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 2024-03-05 View latest technical analysis
10 day averaged volume of Progress Software is 1088010
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 52.54 | 52.35 | 52.89 | 51.98 | 0.712 times |
04 Mon Mar 2024 | 52.40 | 53.09 | 53.30 | 52.23 | 0.533 times |
01 Fri Mar 2024 | 53.35 | 53.25 | 53.49 | 52.19 | 0.543 times |
29 Thu Feb 2024 | 53.36 | 53.21 | 54.09 | 52.71 | 0.823 times |
28 Wed Feb 2024 | 52.66 | 52.91 | 54.00 | 52.43 | 4.214 times |
27 Tue Feb 2024 | 53.13 | 53.60 | 54.69 | 53.07 | 2.204 times |
26 Mon Feb 2024 | 56.07 | 56.17 | 56.51 | 55.82 | 0.317 times |
23 Fri Feb 2024 | 56.49 | 55.06 | 56.55 | 54.62 | 0.244 times |
22 Thu Feb 2024 | 54.80 | 55.00 | 55.25 | 54.43 | 0.55 times |
21 Wed Feb 2024 | 54.68 | 55.10 | 55.10 | 54.11 | 0.322 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.5, but if it comes above 53.5, then a intra day buy could be more profitable.
If you take a sell trade below 53.5, then use 53.5 as stoploss and 51.5 as target. However if you take a buy trade in stock , then use 53.5 as stoploss and 55.17 as target.
Share price targets for Progress Software (PRGS)
Target Type | Value |
Downside Target | 49.02 |
Downside Target | 51.80 |
Upside Target | 54.72 |
Upside Target | 56.13 |
Upside Target | 56.15 |
Upside Target | 56.51 |
Upside Target | 56.55 |
Upside Target | 57.33 |
Upside Target | 57.60 |
Upside Target | 58.07 |
Upside Target | 60.33 |
Intraday share price targets for Progress Software (PRGS)
Target Type | Value |
Downside Intraday Target | 51.91 |
Downside Intraday Target | 51.29 |
Upside Intraday Target | 53.23 |
Upside Intraday Target | 53.93 |
Upside Intraday Target | 52.61 |
Weekly technical analysis of Progress Software (PRGS)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 52.54 | 53.09 | 53.30 | 51.98 | 0.154 times |
01 Fri Mar 2024 | 53.35 | 56.17 | 56.51 | 52.19 | 5.931 times |
23 Fri Feb 2024 | 56.49 | 55.64 | 56.55 | 54.11 | 1.065 times |
16 Fri Feb 2024 | 56.12 | 57.29 | 57.33 | 54.66 | 0.674 times |
09 Fri Feb 2024 | 57.14 | 56.67 | 57.60 | 56.15 | 1.025 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 |
05 Tue Mar 2024 | 52.54 | 53.25 | 53.49 | 51.98 | 0.138 times |
29 Thu Feb 2024 | 53.36 | 56.81 | 58.07 | 52.43 | 1.677 times |
31 Wed Jan 2024 | 56.81 | 54.09 | 60.33 | 51.80 | 1.422 times |
29 Fri Dec 2023 | 54.30 | 53.87 | 56.13 | 52.74 | 1.054 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Progress Software stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 red color and prices are below the red 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 53.2 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 negative.
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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Progress Software stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Progress Software in short term and the sell signal is strong.
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 red color and prices are below the red 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 53.2 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.