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 -3.313, suggesting PRGS is Strong Sell.

Progress Software Corp (PRGS) 20-Day simple moving average is 32.397, while Progress Software Corp (PRGS) share price is $25.09, making it Sell.

Progress Software Corp (PRGS) 60-Day simple moving average is 37.919, while Progress Software Corp (PRGS) share price is $25.09, making it Sell.

Technical Analysis for PRGS

Technical Sentiment Analysis for Progress Software Corp (PRGS) As of 2026-04-01, Progress Software Corp (PRGS) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PRGS stands at 24.402, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -3.313, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 10.946 and the Commodity Channel Index (CCI) at -132.965 further confirm a -6.575 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRGS is trading below its 60-day moving average of $37.919 and below its 200-day long-term moving average of $43.656. Key price levels to watch include the immediate resistance at $33.058 and strong support at $24.058. A break above $33.058 could signal a bull continuation, while falling below $24.058 may test the next Fibonacci floor at $19.444.

Progress Software Corp (PRGS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	15.058	19.444	24.058	28.444	33.058	37.444	42.058
Fibonacci	19.444	22.882	25.006	28.444	31.882	34.006	37.444

Progress Software Corp (PRGS) Technical Indicators

2026-04-01

Name	Value
RSI_14	24.402
STOCHk_14_3_3	10.946
STOCHd_14_3_3	10.816
CCI_20	-132.965
AO_5_34	-7.881
MOM_10	-6.575
MACD_12_26_9	-3.313

Progress Software Corp (PRGS) Relative Strength Index (RSI) is 24.402, creating a Buy signal.

Progress Software Corp (PRGS) Stochastic Oscillator is 10.946, creating a Buy signal.

Progress Software Corp (PRGS) Stochastic RSI is 10.816, creating a Buy signal.

Progress Software Corp (PRGS) Commodity Channel Index (CCI) is -132.965, creating a Buy signal.

Progress Software Corp (PRGS) Awesome Oscillator is -7.881, creating a Sell signal.

Progress Software Corp (PRGS) Momentum is -6.575, creating a Sell signal.

Progress Software Corp (PRGS) MACD is -3.313, creating a Sell signal.

Progress Software Corp (PRGS) Moving Average

2026-04-01

Period	Simple	Signal
MA_5	27.249	Sell
MA_10	28.672	Sell
MA_20	32.397	Sell
MA_60	37.919	Sell
MA_200	43.656	Sell
MA_250	47	Sell

Progress Software Corp (PRGS) 5-Day simple moving average is 27.249, while Progress Software Corp (PRGS) share price is $25.09, making it a Sell.

Progress Software Corp (PRGS) 10-Day simple moving average is 28.672, while Progress Software Corp (PRGS) share price is $25.09, making it a Sell.

Progress Software Corp (PRGS) 20-Day simple moving average is 32.397, while Progress Software Corp (PRGS) share price is $25.09, making it a Sell.

Progress Software Corp (PRGS) 60-Day simple moving average is 37.919, while Progress Software Corp (PRGS) share price is $25.09, making it a Sell.

Progress Software Corp (PRGS) 200-Day simple moving average is 43.656, while Progress Software Corp (PRGS) share price is $25.09, making it a Sell.

Progress Software Corp (PRGS) 250-Day simple moving average is 47, while Progress Software Corp (PRGS) share price is $25.09, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 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 24.058 and a major resistance level at 33.058. Traders also monitor the pivot point at 28.444 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 24.402. This indicates that the stock is in oversold 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 -3.313, suggesting PRGS is Strong Sell. 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 $25.09, which is below its 200-day simple moving average of 43.656. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.