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.O) Moving Averages Convergence Divergence (MACD) indicator is -0.429, suggesting PRGS.O is Strong sell.

Progress Software Corp (PRGS.O) 20-Day simple moving average is 41.602, while Progress Software Corp (PRGS.O) share price is $40.87, making it Sell.

Progress Software Corp (PRGS.O) 60-Day simple moving average is 42.25, while Progress Software Corp (PRGS.O) share price is $40.87, making it Sell.

Technical Analysis for PRGS

Technical Sentiment Analysis for Progress Software Corp (PRGS) As of 2026-01-30, Progress Software Corp (PRGS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 0 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PRGS stands at 45.736, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.429, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 24.378 and the Commodity Channel Index (CCI) at -72.678 further confirm a -0.05 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRGS is trading below its 60-day moving average of $42.25 and below its 200-day long-term moving average of $48.853. Key price levels to watch include the immediate resistance at $46.194 and strong support at $37.484. A break above $46.194 could signal a bull continuation, while falling below $37.484 may test the next Fibonacci floor at $33.657.

Progress Software Corp (PRGS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	28.774	33.657	37.484	42.367	46.194	51.077	54.904
Fibonacci	33.657	36.984	39.04	42.367	45.694	47.75	51.077

Progress Software Corp (PRGS) Technical Indicators

2026-01-30

Name	Value
RSI_14	45.736
STOCHk_14_3_3	24.378
STOCHd_14_3_3	30.45
CCI_20	-72.678
AO_5_34	-1.061
MOM_10	-0.05
MACD_12_26_9	-0.429

Progress Software Corp (PRGS) Relative Strength Index (RSI) is 45.736, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic Oscillator is 24.378, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic RSI is 30.45, creating a Neutral signal.

Progress Software Corp (PRGS) Commodity Channel Index (CCI) is -72.678, creating a Neutral signal.

Progress Software Corp (PRGS) Awesome Oscillator is -1.061, creating a Sell signal.

Progress Software Corp (PRGS) Momentum is -0.05, creating a Sell signal.

Progress Software Corp (PRGS) MACD is -0.429, creating a Sell signal.

Progress Software Corp (PRGS) Moving Average

2026-01-30

Period	Simple	Signal
MA_5	41.308	Sell
MA_10	41.311	Sell
MA_20	41.602	Sell
MA_60	42.25	Sell
MA_200	48.853	Sell
MA_250	50.27	Sell

Progress Software Corp (PRGS) 5-Day simple moving average is 41.308, while Progress Software Corp (PRGS) share price is $40.87, making it a Sell.

Progress Software Corp (PRGS) 10-Day simple moving average is 41.311, while Progress Software Corp (PRGS) share price is $40.87, making it a Sell.

Progress Software Corp (PRGS) 20-Day simple moving average is 41.602, while Progress Software Corp (PRGS) share price is $40.87, making it a Sell.

Progress Software Corp (PRGS) 60-Day simple moving average is 42.25, while Progress Software Corp (PRGS) share price is $40.87, making it a Sell.

Progress Software Corp (PRGS) 200-Day simple moving average is 48.853, while Progress Software Corp (PRGS) share price is $40.87, making it a Sell.

Progress Software Corp (PRGS) 250-Day simple moving average is 50.27, while Progress Software Corp (PRGS) share price is $40.87, making it a Sell.

People Also Watch

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 0 buy signals and 4 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 37.484 and a major resistance level at 46.194. Traders also monitor the pivot point at 42.367 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 45.736. 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 -0.429, 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 $40.87, which is below its 200-day simple moving average of 48.853. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.