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Stock Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Progress Software Corporation (NASDAQ:PRGS)
Long-Term Uptrend (+90) - PRGS is in a strong uptrend that is likely to continue. While PRGS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for PRGS
The long-term trend has been UP since Jun 28th, 2024 at 54.9900
The intermediate-term trend has been UP since Nov 7th, 2024 at 67.8950
The short-term trend has been UP since Dec 11th, 2024 at 69.5855
Smart Scan Analysis for PRGS
Based on our trend formula, PRGS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.33 | 69.69 | 68.75 | 68.79 | -0.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.63 | 25798 | 2024-12-13 12:10:46 |
| Year High | 53.6 | Year High Date | 2018-01-17 |
| Year Low | 30.23 | Year Low Date | 2018-10-26 |
| 52wk High | 70.555 | 52wk High Date | 2024-11-25 |
| 52wk Low | 48 | 52wk Low Date | 2024-06-26 |
| Year End Close | 20.99 | Average Volume | 431,284 |
| Shares Outstanding | 42,905 | Short Interest | 1,756,871 |
| % Institutional | 92.8 | Market Cap | 1,830M |
| Assets | 161,988,400M | Liabilities | 119,427,200M |
| P/E Ratio | 37.2353 | Beta | 1.8 |
| Volatility | 23.65 |