PRGS last traded at $43.77. On daily bars, 3 of 4 trend and momentum measures are currently positive.
•The 50-day simple moving average is $41.67, so PRGS is trading above its 50-day average.
•The 200-day simple moving average is $37.03, so PRGS is trading above its 200-day average — the level most often used to separate a long-term uptrend from a downtrend.
•The 50-day average is above the 200-day, the configuration known as a golden cross.
•The 14-day RSI is 54.3 — between 30 and 70, which is the neutral band.
•The MACD line is 0.15 against a signal line of 0.52, so MACD is below its signal line.
•Over the past year PRGS has traded between $23.82 and $47.37, putting it 85% of the way up that range.
•Volume on the latest session was 271.8K shares against a 20-day average of 459.9K — 0.6× the average.
RSI (14)
PROGRESS SOFTWARE CORP /MA
Progress Software Corp provides software products that enable customers to develop, deploy,and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
Sector
Services
Theme
CoreWhat the theme’s name describes.Included in theme scans.