PRGS Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Progress Software Corp (PRGS) Moving Averages Convergence Divergence (MACD) indicator is 0.337, suggesting PRGS is Strong Buy.

Progress Software Corp (PRGS) 20-Day simple moving average is 31.356, while Progress Software Corp (PRGS) share price is $33.84, making it Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 29.601, while Progress Software Corp (PRGS) share price is $33.84, making it Buy.

Technical Analysis for PRGS

Technical Sentiment Analysis for Progress Software Corp (PRGS) As of 2026-06-29, Progress Software Corp (PRGS) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PRGS stands at 62.542, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.337, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.841 and the Commodity Channel Index (CCI) at 130.332 further confirm a 2.37 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRGS is trading below its 60-day moving average of $29.601 and below its 200-day long-term moving average of $37.56. Key price levels to watch include the immediate resistance at $33.984 and strong support at $27.164. A break above $33.984 could signal a bull continuation, while falling below $27.164 may test the next Fibonacci floor at $23.787.

Progress Software Corp (PRGS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	20.344	23.787	27.164	30.607	33.984	37.427	40.804
Fibonacci	23.787	26.392	28.002	30.607	33.212	34.822	37.427

Progress Software Corp (PRGS) Technical Indicators

2026-06-29

Name	Value
RSI_14	62.542
STOCHk_14_3_3	79.841
STOCHd_14_3_3	61.332
CCI_20	130.332
AO_5_34	0.287
MOM_10	2.37
MACD_12_26_9	0.337

Progress Software Corp (PRGS) Relative Strength Index (RSI) is 62.542, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic Oscillator is 79.841, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic RSI is 61.332, creating a Neutral signal.

Progress Software Corp (PRGS) Commodity Channel Index (CCI) is 130.332, creating a Sell signal.

Progress Software Corp (PRGS) Awesome Oscillator is 0.287, creating a Buy signal.

Progress Software Corp (PRGS) Momentum is 2.37, creating a Buy signal.

Progress Software Corp (PRGS) MACD is 0.337, creating a Buy signal.

Progress Software Corp (PRGS) Moving Average

2026-06-29

Period	Simple	Signal
MA_5	31.12	Buy
MA_10	30.541	Buy
MA_20	31.356	Buy
MA_60	29.601	Buy
MA_200	37.56	Sell
MA_250	39.486	Sell

Progress Software Corp (PRGS) 5-Day simple moving average is 31.12, while Progress Software Corp (PRGS) share price is $33.84, making it a Buy.

Progress Software Corp (PRGS) 10-Day simple moving average is 30.541, while Progress Software Corp (PRGS) share price is $33.84, making it a Buy.

Progress Software Corp (PRGS) 20-Day simple moving average is 31.356, while Progress Software Corp (PRGS) share price is $33.84, making it a Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 29.601, while Progress Software Corp (PRGS) share price is $33.84, making it a Buy.

Progress Software Corp (PRGS) 200-Day simple moving average is 37.56, while Progress Software Corp (PRGS) share price is $33.84, making it a Sell.

Progress Software Corp (PRGS) 250-Day simple moving average is 39.486, while Progress Software Corp (PRGS) share price is $33.84, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for PRGS?

The overall technical consensus for Progress Software Corp (PRGS) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 3 sell signals.

What are the key support and resistance levels for Progress Software Corp (PRGS) today?

Based on pivot point calculations, Progress Software Corp (PRGS) has an immediate support level at 27.164 and a major resistance level at 33.984. Traders also monitor the pivot point at 30.607 to determine the intraday trend direction.

Is Progress Software Corp (PRGS) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Progress Software Corp (PRGS) is currently 62.542. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Progress Software Corp (PRGS)?

Progress Software Corp (PRGS) Moving Averages Convergence Divergence (MACD) indicator is 0.337, suggesting PRGS is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Progress Software Corp.

How is Progress Software Corp (PRGS) performing relative to its 200-day moving average?

Progress Software Corp (PRGS) is currently trading at $33.84, which is below its 200-day simple moving average of 37.56. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.