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 2.033, suggesting PRGS is Strong Buy.

Progress Software Corp (PRGS) 20-Day simple moving average is 32.599, while Progress Software Corp (PRGS) share price is $39.21, making it Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 30.43, while Progress Software Corp (PRGS) share price is $39.21, making it Buy.

Technical Analysis for PRGS

Technical Sentiment Analysis for Progress Software Corp (PRGS) As of 2026-07-07, Progress Software Corp (PRGS) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 17 technical signals, shows that 12 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 71.95, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.033, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 87.114 and the Commodity Channel Index (CCI) at 171.582 further confirm a 11.55 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRGS is trading below its 60-day moving average of $30.43 and below its 200-day long-term moving average of $37.454. Key price levels to watch include the immediate resistance at $40.647 and strong support at $28.147. A break above $40.647 could signal a bull continuation, while falling below $28.147 may test the next Fibonacci floor at $21.824.

Progress Software Corp (PRGS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	15.647	21.824	28.147	34.324	40.647	46.824	53.147
Fibonacci	21.824	26.599	29.549	34.324	39.099	42.049	46.824

Progress Software Corp (PRGS) Technical Indicators

2026-07-07

Name	Value
RSI_14	71.95
STOCHk_14_3_3	87.114
STOCHd_14_3_3	87.288
CCI_20	171.582
AO_5_34	5.666
MOM_10	11.55
MACD_12_26_9	2.033

Progress Software Corp (PRGS) Relative Strength Index (RSI) is 71.95, creating a Sell signal.

Progress Software Corp (PRGS) Stochastic Oscillator is 87.114, creating a Sell signal.

Progress Software Corp (PRGS) Stochastic RSI is 87.288, creating a Sell signal.

Progress Software Corp (PRGS) Commodity Channel Index (CCI) is 171.582, creating a Sell signal.

Progress Software Corp (PRGS) Awesome Oscillator is 5.666, creating a Buy signal.

Progress Software Corp (PRGS) Momentum is 11.55, creating a Buy signal.

Progress Software Corp (PRGS) MACD is 2.033, creating a Buy signal.

Progress Software Corp (PRGS) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	37.822	Buy
MA_10	34.471	Buy
MA_20	32.599	Buy
MA_60	30.43	Buy
MA_200	37.454	Buy
MA_250	39.17	Buy

Progress Software Corp (PRGS) 5-Day simple moving average is 37.822, while Progress Software Corp (PRGS) share price is $39.21, making it a Buy.

Progress Software Corp (PRGS) 10-Day simple moving average is 34.471, while Progress Software Corp (PRGS) share price is $39.21, making it a Buy.

Progress Software Corp (PRGS) 20-Day simple moving average is 32.599, while Progress Software Corp (PRGS) share price is $39.21, making it a Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 30.43, while Progress Software Corp (PRGS) share price is $39.21, making it a Buy.

Progress Software Corp (PRGS) 200-Day simple moving average is 37.454, while Progress Software Corp (PRGS) share price is $39.21, making it a Buy.

Progress Software Corp (PRGS) 250-Day simple moving average is 39.17, while Progress Software Corp (PRGS) share price is $39.21, making it a Buy.

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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 6 buy signals and 5 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 28.147 and a major resistance level at 40.647. Traders also monitor the pivot point at 34.324 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 71.95. This indicates that the stock is in overbought 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 2.033, 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 $39.21, which is above its 200-day simple moving average of 37.454. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

15.647

21.824

28.147

34.324

40.647

46.824

53.147

Fibonacci

21.824

26.599

29.549

34.324

39.099

42.049

46.824

Name

Value

RSI_14

71.95

STOCHk_14_3_3

87.114

STOCHd_14_3_3

87.288

CCI_20

171.582

AO_5_34

5.666

MOM_10

11.55

MACD_12_26_9

2.033

Period

Simple

Signal

MA_5

37.822

Buy

MA_10

34.471

Buy

MA_20

32.599

Buy

MA_60

30.43

Buy

MA_200

37.454

Buy

MA_250

39.17

Buy

Frequently Asked Questions