Stock Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
Progress Software Corp (NASDAQ:PRGS)
Countertrend Up (+85) - PRGS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PRGS?
MarketClub looks at technical strength and momentum to determine if the timing is right for PRGS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PRGS
The long-term trend has been UP since Jun 5th, 2020 at 42.2400
The intermediate-term trend has been UP since Apr 5th, 2021 at 45.6000
The short-term trend has been DOWN since Apr 8th, 2021 at 44.8672
Smart Scan Analysis for PRGS
Based on our trend formula, PRGS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||53.6||Year High Date||2018-01-17|
|Year Low||30.23||Year Low Date||2018-10-26|
|52wk High||49.23||52wk High Date||2021-01-14|
|52wk Low||33.38||52wk Low Date||2020-05-14|
|Year End Close||20.99||Average Volume||358,149|
|Shares Outstanding||44,003||Short Interest||1,756,871|
|% Institutional||92.8||Market Cap||1,830M|