Second Opinion®
Trade Trigger
: PROGRESS SOFTWARE CORP /MA (PRGS)
Trade Trigger stocks are breaking through significant resistance (bullish) or support (bearish) areas.
Report created after market close on 12/19/25
Report created after market close on 12/19/25
Neutral
MarketEdge® Second Opinion
Downgraded
From Long on 12/19/2025
Price At Downgrade
-1.0%
Change Since Downgrade
Recommendation
Trade Activity for: 12/19/25
Close |
42.99 |
Change |
-0.44 |
Volume |
8991 |
Open |
43.15 |
High |
43.4 |
Low |
42.4 |
MarketEdge Indicators
Opinion Score |
Power Rating |
Mildly Deteriorating |
Bearish
Bullish
-1 |
Annual Chart
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Comment
The stock is underperforming the market when compared to the S&P 500 over the last 50 trading days. Though the technical condition of PRGS is deteriorating, MACD-LT, an intermediate-term trend indicator, remains bullish at this time. PRGS's chart formation is showing signs of reversing its recent trend. If the stock closes below $41.33 a change in trend will be confirmed.Upside momentum, as measured by the 14-day RSI, is negative. Over the last 50 trading sessions, there has been more volume on down days than on up days, indicating that PRGS is under distribution, which is a bearish condition. The stock is trading below a falling 50-day moving average which confirms the deteriorating technical condition of PRGS. In addition, PRGS is below its declining 200-day moving average.
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Yr. High/Yr. Low |
69.79 | 39 | |
MO Chg.(%) |
8.5% | ||
Trend Line Resistance |
45.26 |
Trend Line Support |
0 |
|---|---|---|---|
Buy Stop |
41.33 | ||
Volatility(%) |
2.5 | ||
Position |
61 | ||
ADXR |
30 | ||
Avg Volume(00) |
4743 | ||
MO Chg.(%) |
-15.1% | ||
U/D Ratio/Slope |
0.9 | Down | |
On Balance Volume |
Bearish | ||
Positive OBV |
Bearish | ||
Negative OBV |
Bullish | ||
Money Flow (MF) |
59 | ||
MF Slope |
Bearish | ||
Alpha/Beta |
0 | 0.74 | |
B.Bands |
13 | ||
MACD ST/LT |
Bullish | Bullish | |
50-Day R.S. |
0.91 | ||
Wilder's RSI |
49 | ||
Sto. Fast/Slow |
22 | 28 | |
OBOS/RSV |
-1 | 16 | |
C-Rate |
0 | ||
| Moving Average | Price | % | Slope |
|---|---|---|---|
| 10 Day | 44.01 | 98 | Down |
| 21 Day | 42.84 | 100 | Up |
| 50 Day | 43.28 | 99 | Down |
| 200 Day | 50.68 | 85 | Down |
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