Is Progress Software Corp. technically bullish or bearish?

Oct 05 2025 11:48 AM IST
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As of October 3, 2025, Progress Software Corp. is in a mildly bearish trend, with mixed signals from technical indicators and a one-year return of -28.76%, significantly underperforming the S&P 500's 17.82%, although it has returned 6.11% over three years.
As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings both indicating bearish momentum, alongside a mildly bearish signal from Bollinger Bands and daily moving averages. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a mildly bearish monthly signal. Additionally, the On-Balance Volume (OBV) shows a mildly bullish weekly trend but is bearish monthly.

In terms of performance, the stock has underperformed the S&P 500 over the year, with a return of -28.76% compared to the S&P 500's 17.82%. Over three years, however, it has returned 6.11%, significantly lagging behind the S&P 500's 82.57%.
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