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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 2024-12-30 View latest technical analysis

10 day averaged volume of Progress Software is 586256

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	65.05	65.44	65.50	64.02	0.466 times
27 Fri Dec 2024	65.48	66.35	66.55	65.25	0.371 times
26 Thu Dec 2024	66.39	65.83	66.61	65.81	0.565 times
24 Tue Dec 2024	66.26	65.55	66.39	65.39	0.231 times
23 Mon Dec 2024	65.29	66.44	66.45	65.17	0.943 times
20 Fri Dec 2024	66.38	65.65	67.47	65.65	4.301 times
19 Thu Dec 2024	65.92	66.74	67.34	65.87	1.172 times
18 Wed Dec 2024	66.22	69.20	69.40	65.95	0.838 times
17 Tue Dec 2024	68.86	69.10	69.53	68.54	0.594 times
16 Mon Dec 2024	69.11	68.51	69.88	68.35	0.717 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.2, but if it comes above 66.2, then a intra day buy could be more profitable.
If you take a sell trade below 66.2, then use 66.2 as stoploss and 64.2 as target. However if you take a buy trade in stock , then use 66.2 as stoploss and 67.85 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	54.04
Downside Target	55.27
Downside Target	58.75
Downside Target	63.78
Upside Target	67.90
Upside Target	68.13
Upside Target	69.01
Upside Target	69.75
Upside Target	69.88
Upside Target	70.06
Upside Target	70.56

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	64.21
Downside Intraday Target	63.38
Upside Intraday Target	65.69
Upside Intraday Target	66.34
Downside Intraday Target	64.86

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	65.05	65.44	65.50	64.02	0.221 times
27 Fri Dec 2024	65.48	66.44	66.61	65.17	0.277 times
20 Fri Dec 2024	66.38	68.51	69.88	65.65	3.305 times
13 Fri Dec 2024	68.90	68.74	69.75	68.13	3.26 times
26 Tue Nov 2024	69.64	69.62	70.06	69.01	0.507 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
30 Mon Dec 2024	65.05	68.74	69.88	64.02	0.961 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
30 Mon Sep 2024	67.37	57.94	67.40	55.27	2.535 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 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 coming down

CCI has generated a SELL signal for Progress Software in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 66.45 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.