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 0.915, suggesting PRGS is Neutral.

Progress Software Corp (PRGS) 20-Day simple moving average is 29.966, while Progress Software Corp (PRGS) share price is $31.36, making it Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 29.48, while Progress Software Corp (PRGS) share price is $31.36, making it Buy.

Technical Analysis for PRGS

Technical Sentiment Analysis for Progress Software Corp (PRGS) As of 2026-06-05, Progress Software Corp (PRGS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 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 53.994, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.915, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 55.601 and the Commodity Channel Index (CCI) at 63.539 further confirm a 2.44 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRGS is trading below its 60-day moving average of $29.48 and below its 200-day long-term moving average of $38.609. Key price levels to watch include the immediate resistance at $34.998 and strong support at $28.708. A break above $34.998 could signal a bull continuation, while falling below $28.708 may test the next Fibonacci floor at $25.754.

Progress Software Corp (PRGS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	22.418	25.754	28.708	32.044	34.998	38.334	41.288
Fibonacci	25.754	28.157	29.641	32.044	34.447	35.931	38.334

Progress Software Corp (PRGS) Technical Indicators

2026-06-05

Name	Value
RSI_14	53.994
STOCHk_14_3_3	55.601
STOCHd_14_3_3	68.816
CCI_20	63.539
AO_5_34	3.519
MOM_10	2.44
MACD_12_26_9	0.915

Progress Software Corp (PRGS) Relative Strength Index (RSI) is 53.994, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic Oscillator is 55.601, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic RSI is 68.816, creating a Neutral signal.

Progress Software Corp (PRGS) Commodity Channel Index (CCI) is 63.539, creating a Neutral signal.

Progress Software Corp (PRGS) Awesome Oscillator is 3.519, creating a Buy signal.

Progress Software Corp (PRGS) Momentum is 2.44, creating a Buy signal.

Progress Software Corp (PRGS) MACD is 0.915, creating a Buy signal.

Progress Software Corp (PRGS) Moving Average

2026-06-05

Period	Simple	Signal
MA_5	32.848	Sell
MA_10	31.662	Sell
MA_20	29.966	Buy
MA_60	29.48	Buy
MA_200	38.609	Sell
MA_250	41.447	Sell

Progress Software Corp (PRGS) 5-Day simple moving average is 32.848, while Progress Software Corp (PRGS) share price is $31.36, making it a Sell.

Progress Software Corp (PRGS) 10-Day simple moving average is 31.662, while Progress Software Corp (PRGS) share price is $31.36, making it a Sell.

Progress Software Corp (PRGS) 20-Day simple moving average is 29.966, while Progress Software Corp (PRGS) share price is $31.36, making it a Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 29.48, while Progress Software Corp (PRGS) share price is $31.36, making it a Buy.

Progress Software Corp (PRGS) 200-Day simple moving average is 38.609, while Progress Software Corp (PRGS) share price is $31.36, making it a Sell.

Progress Software Corp (PRGS) 250-Day simple moving average is 41.447, while Progress Software Corp (PRGS) share price is $31.36, 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 Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 1 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 28.708 and a major resistance level at 34.998. Traders also monitor the pivot point at 32.044 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 53.994. 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 0.915, suggesting PRGS is Neutral. 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 $31.36, which is below its 200-day simple moving average of 38.609. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.