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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.

10 day averaged volume of Progress Software is 1118390

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	56.30	55.70	56.43	55.41	0.921 times
28 Tue Jan 2025	55.96	54.61	56.26	54.38	0.898 times
27 Mon Jan 2025	54.50	53.10	55.40	53.10	1.269 times
24 Fri Jan 2025	53.00	54.33	54.60	52.84	1.148 times
23 Thu Jan 2025	54.12	56.82	57.27	53.75	1.886 times
22 Wed Jan 2025	57.26	60.85	61.34	56.32	2.572 times
21 Tue Jan 2025	63.52	63.42	64.11	63.21	0.593 times
17 Fri Jan 2025	62.94	64.30	64.43	62.82	0.423 times
17 Fri Jan 2025	62.94	64.30	64.43	62.82	0.423 times
16 Thu Jan 2025	63.72	63.34	64.34	63.34	0.393 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57, but if it comes above 57, then a intra day buy could be more profitable.
If you take a sell trade below 57, then use 57 as stoploss and 52.3 as target. However if you take a buy trade in stock , then use 57 as stoploss and 61.01 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	52.84
Downside Target	55.27
Upside Target	56.43
Upside Target	61.76
Upside Target	64.16
Upside Target	64.43
Upside Target	65.73
Upside Target	67.40
Upside Target	67.90
Upside Target	69.88
Upside Target	70.56

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	54.12
Downside Intraday Target	51.95
Upside Intraday Target	57.45
Upside Intraday Target	58.61
Downside Intraday Target	55.28

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	56.30	53.10	56.43	53.10	0.498 times
24 Fri Jan 2025	53.00	63.42	64.11	52.84	14.639 times
17 Fri Jan 2025	62.94	64.30	64.43	62.82	0.212 times
17 Fri Jan 2025	62.94	61.84	64.43	61.76	2.639 times
10 Fri Jan 2025	62.20	63.92	64.16	61.93	0.64 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
29 Wed Jan 2025	56.30	65.73	65.73	52.84	2.071 times
31 Tue Dec 2024	65.15	68.74	69.88	64.02	0.999 times
26 Tue Nov 2024	69.64	64.02	70.56	63.78	0.7 times
31 Thu Oct 2024	64.09	67.48	67.90	64.07	0.686 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Progress Software in short term but BUY 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 56.76 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.