PROGRESS SOFTWARE CORP (PRGS) Stock Technical Analysis
NASDAQ:PRGS - Nasdaq - US7433121008 - Common Stock
Taking everything into account, PRGS scores 1 out of 10 in our technical rating. PRGS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PRGS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, PRGS turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
PRGS is an average performer in the Software industry, it outperforms 41% of 285 stocks in the same industry.
PRGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRGS is lagging the market.
The technical rating of PRGS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.17
70.59
2 important resistance areas can be observed.
- A resistance zone ranging from 62.08 to 63.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.53 to 69.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.4
Mansfield0
10 Day High65.6
10 Day Low61.76
20 Day High67.47
20 Day Low61.76
52 Week High70.56
52 Week Low48
Performance
1 Week2.3%
2 Weeks-2.67%
1 Month-4.08%
3 Month-2.13%
6 Month9.73%
12 Month8.75%
2 Year19.76%
3 Year39.57%
5 Year40.75%
10 Year153.57%
15 Year238.71%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)41.52
LBB61.62
UBB65.95
PROGRESS SOFTWARE CORP
NASDAQ:PRGS (1/22/2025, 11:46:10 AM)
57.75
-5.77 (-9.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-9.08%
1 Week2.3%
2 Weeks-2.67%
1 Month-4.08%
3 Month-2.13%
6 Month9.73%
12 Month8.75%
2 Year19.76%
3 Year39.57%
5 Year40.75%
10 Year153.57%
15 Year238.71%
Volatility
ATR(14)1.11
ATR(20)%1.84%
ATR Inc30.49%
Range Today3.48
ADR(20)1.13
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.4
Mansfield0
10 Day High65.6
10 Day Low61.76
20 Day High67.47
20 Day Low61.76
52 Week High70.56
52 Week Low48
CS1 End63.28
CR1 Start68.53
Volume & EV
DER(3)-0.09%
DER(5)-1.19%
Volume1.03M
Volume Incr-1.44%
Vol(5)503.30K
Vol(50)472.93K