Is Progress Software Corp. technically bullish or bearish?

Jun 29 2025 11:47 AM IST
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As of June 27, 2025, Progress Software Corp. shows a bullish technical trend supported by strong indicators, although there are some mixed signals in longer time frames.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Progress Software Corp. is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. The daily moving averages also indicate a bullish trend. The KST is bullish on both weekly and monthly time frames, and the OBV is bullish as well. However, the monthly MACD is mildly bearish, and Dow Theory shows a mildly bearish stance on the weekly chart but mildly bullish on the monthly. Overall, the strength of the bullish trend is reinforced by multiple indicators, despite some mixed signals in the longer time frames.
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