Is Progress Software Corp. technically bullish or bearish?
As of October 3, 2025, Progress Software Corp. is in a mildly bearish trend, indicated by bearish MACD readings and underperformance against the S&P 500, with a year-to-date return of -29.13% compared to the index's 14.18%.
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, supported by bearish MACD readings on both weekly and monthly time frames, along with mildly bearish Bollinger Bands and daily moving averages. The KST is bearish on both weekly and monthly charts, while the Dow Theory indicates a mildly bullish weekly trend but a mildly bearish monthly trend. The OBV shows a mildly bullish weekly stance but is also mildly bearish monthly. In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of -29.13% compared to the S&P 500's 14.18%, and a one-year return of -28.76% versus 17.82% for the index.
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