Progress Software Corporation
Price Action
Technical Summary
WEAKENINGProgress Software Corporation is in a technical downtrend, trading below key resistance levels with a broken trend structure. Relative strength is moderate (RS Rating: 60), indicating performance broadly in line with the market. Earnings growth of 28% provides fundamental context to the price action. However, price is extended 27% above the 50-day line, increasing the risk of a mean reversion.
Trend Template (Minervini)
Price vs Moving Averages
| Period | Value | Spread | Signal |
|---|---|---|---|
| 20 SMA | $32.21 | +20.26% | ABOVE |
| 50 SMA | $30.44 | +27.26% | ABOVE |
| 100 SMA | $32.01 | +21.01% | ABOVE |
| 150 SMA | $35.48 | +9.18% | ABOVE |
| 200 SMA | $37.47 | +3.40% | ABOVE |
Price Performance
Technical Indicators
Risk Profile
Volume Analysis
Earnings Momentum
Growth Trends
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
Key Metrics
Frequently Asked Questions
Is PRGS in an uptrend right now?
PRGS has a trend score of 1/4 based on Minervini's Stage Analysis. Currently showing broken structure - 1 of 4 trend criteria are met.
Is PRGS overbought or oversold?
PRGS's RSI (14) is 71. The stock is in overbought territory (RSI > 70), which may signal a pullback.
Is PRGS outperforming the market?
PRGS has a Relative Strength (RS) Rating of 60 out of 99. PRGS is performing about average compared to the market.
Where is PRGS in its 52-week range?
PRGS is trading at $38.74, which is 71% of its 52-week high ($54.28) and 49% above its 52-week low ($23.82).
How volatile is PRGS?
PRGS has a Beta of 0.72 and 52-week volatility of 52%. It's less volatile than the S&P 500 - generally more stable.