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Stock Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

Progress Software Corporation (NASDAQ:PRGS)

Crossroads (-60) - PRGS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
48.69 48.69 47.55 48.02 -0.60
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 -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PRGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.69 48.69 47.55 48.02 -0.60
Prev. Close Volume Bid Ask Time
48.05 250025 2021-12-08 15:59:58
Year High53.6Year High Date2018-01-17
Year Low30.23Year Low Date2018-10-26
52wk High53.9952wk High Date2021-11-17
52wk Low39.9152wk Low Date2021-02-01
Year End Close20.99Average Volume271,871
Shares Outstanding43,843Short Interest1,756,871
% Institutional92.8Market Cap1,830M
Assets127,548,700MLiabilities878,714,000M
P/E Ratio26.8619Beta1.8
Volatility23.65
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