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 -0.26, suggesting PRGS.O is Buy.

Progress Software Corp (PRGS.O) 20-Day simple moving average is 41.502, while Progress Software Corp (PRGS.O) share price is $42.99, making it Buy.

Progress Software Corp (PRGS.O) 60-Day simple moving average is 42.159, while Progress Software Corp (PRGS.O) share price is $42.99, making it Buy.

Technical Analysis for PRGS

Technical Sentiment Analysis for Progress Software Corp (PRGS) As of 2026-02-06, Progress Software Corp (PRGS) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 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 55.498, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.26, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 36.395 and the Commodity Channel Index (CCI) at 58.572 further confirm a 0.56 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRGS is trading below its 60-day moving average of $42.159 and below its 200-day long-term moving average of $48.481. Key price levels to watch include the immediate resistance at $43.407 and strong support at $39.107. A break above $43.407 could signal a bull continuation, while falling below $39.107 may test the next Fibonacci floor at $36.939.

Progress Software Corp (PRGS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	34.807	36.939	39.107	41.239	43.407	45.539	47.707
Fibonacci	36.939	38.581	39.596	41.239	42.881	43.896	45.539

Progress Software Corp (PRGS) Technical Indicators

2026-02-06

Name	Value
RSI_14	55.498
STOCHk_14_3_3	36.395
STOCHd_14_3_3	28.358
CCI_20	58.572
AO_5_34	-0.942
MOM_10	0.56
MACD_12_26_9	-0.26

Progress Software Corp (PRGS) Relative Strength Index (RSI) is 55.498, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic Oscillator is 36.395, creating a Neutral signal.

Progress Software Corp (PRGS) Stochastic RSI is 28.358, creating a Neutral signal.

Progress Software Corp (PRGS) Commodity Channel Index (CCI) is 58.572, creating a Neutral signal.

Progress Software Corp (PRGS) Awesome Oscillator is -0.942, creating a Sell signal.

Progress Software Corp (PRGS) Momentum is 0.56, creating a Buy signal.

Progress Software Corp (PRGS) MACD is -0.26, creating a Sell signal.

Progress Software Corp (PRGS) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	41.234	Buy
MA_10	41.276	Buy
MA_20	41.502	Buy
MA_60	42.159	Buy
MA_200	48.481	Sell
MA_250	49.95	Sell

Progress Software Corp (PRGS) 5-Day simple moving average is 41.234, while Progress Software Corp (PRGS) share price is $42.99, making it a Buy.

Progress Software Corp (PRGS) 10-Day simple moving average is 41.276, while Progress Software Corp (PRGS) share price is $42.99, making it a Buy.

Progress Software Corp (PRGS) 20-Day simple moving average is 41.502, while Progress Software Corp (PRGS) share price is $42.99, making it a Buy.

Progress Software Corp (PRGS) 60-Day simple moving average is 42.159, while Progress Software Corp (PRGS) share price is $42.99, making it a Buy.

Progress Software Corp (PRGS) 200-Day simple moving average is 48.481, while Progress Software Corp (PRGS) share price is $42.99, making it a Sell.

Progress Software Corp (PRGS) 250-Day simple moving average is 49.95, while Progress Software Corp (PRGS) share price is $42.99, 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 buy. 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 39.107 and a major resistance level at 43.407. Traders also monitor the pivot point at 41.239 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 55.498. 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 -0.26, suggesting PRGS is 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 $42.99, which is below its 200-day simple moving average of 48.481. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.