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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Progress Software Corporation (NASDAQ:PRGS)
Strong Uptrend (+100) - PRGS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PRGS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 54.99
The intermediate-term trend has been UP since Jun 28th, 2024 at 54.99
The short-term trend has been UP since Jul 25th, 2024 at 56.45
Smart Scan Analysis for PRGS
Based on our trend formula, PRGS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.00 | 58.22 | 57.47 | 57.89 | +0.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.44 | 235975 | 2024-07-26 15:59:45 |
| Year High | 53.6 | Year High Date | 2018-01-17 |
| Year Low | 30.23 | Year Low Date | 2018-10-26 |
| 52wk High | 62.34 | 52wk High Date | 2023-08-29 |
| 52wk Low | 48 | 52wk Low Date | 2024-06-26 |
| Year End Close | 20.99 | Average Volume | 387,500 |
| Shares Outstanding | 42,776 | Short Interest | 1,756,871 |
| % Institutional | 92.8 | Market Cap | 1,830M |
| Assets | 158,637,500M | Liabilities | 118,470,800M |
| P/E Ratio | 35.0244 | Beta | 1.8 |
| Volatility | 23.65 |