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Stock Trend Analysis Report

Prepared for you on Friday, January 22, 2021.

Progress Software Corp (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
41.580 42.140 41.030 41.765 +0.115
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 Jan 19th, 2021 at 43.37

short term down The short-term trend has been DOWN since Jan 15th, 2021 at 47.13

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
41.580 42.140 41.030 41.765 +0.115
Prev. Close Volume Bid Ask Time
37.495 104345 2021-01-22 12:53:06
Year High53.6Year High Date2018-01-17
Year Low30.23Year Low Date2018-10-26
52wk High52.552wk High Date2020-01-17
52wk Low28.0952wk Low Date2020-03-16
Year End Close20.99Average Volume273,119
Shares Outstanding45,102Short Interest1,756,871
% Institutional92.8Market Cap1,830M
Assets919,468,000MLiabilities551,302,000M
P/E Ratio29.996Beta1.8
Volatility23.65
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