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Stock Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

Progress Software Corporation (NASDAQ:PRGS)

Weak Downtrend (-65) - PRGS is showing signs of a strengthening downtrend. Monitor PRGS as it may be building momentum to the downside.

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.

NASDAQ_PRGS
Open High Low PRGS Price Change
49.9700 50.4293 48.4200 48.8300 -1.9200
Entry Signal

MarketClub’s Trade Triangles for PRGS

long term up The long-term trend has been UP since Jun 5th, 2020 at 42.24

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 51.09

short term down The short-term trend has been DOWN since Nov 18th, 2021 at 52.02

Smart Scan Analysis for PRGS

Based on our trend formula, PRGS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PRGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.9700 50.4293 48.4200 48.8300 -1.9200
Prev. Close Volume Bid Ask Time
48.7900 205806 2021-11-26 12:59:57
Year High53.6Year High Date2018-01-17
Year Low30.23Year Low Date2018-10-26
52wk High53.9952wk High Date2021-11-17
52wk Low39.8652wk Low Date2020-12-01
Year End Close20.99Average Volume260,494
Shares Outstanding43,843Short Interest1,756,871
% Institutional92.8Market Cap1,830M
Assets127,548,700MLiabilities878,714,000M
P/E Ratio28.0387Beta1.8
Volatility23.65
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