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Stock Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
Progress Software Corporation (NASDAQ:PRGS)
Countertrend Down (-85) - PRGS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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MarketClub looks at technical strength and momentum to determine if the timing is right for PRGS.
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MarketClub’s Trade Triangles for PRGS
The long-term trend has been DOWN since Jan 8th, 2025 at 63.78
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 67.33
The short-term trend has been UP since Jan 15th, 2025 at 63.05
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 64.30 | 64.43 | 62.82 | 62.94 | -0.78 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.94 | 348524 | 2025-01-17 15:59:36 |
| 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 | 540,456 |
| 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 | 34.0749 | Beta | 1.8 |
| Volatility | 23.65 |