Is Progress Software Corp. technically bullish or bearish?
As of October 3, 2025, Progress Software Corp. shows a mildly bearish technical trend with mixed signals from MACD and moving averages, having outperformed the S&P 500 recently but underperformed year-to-date.
As of 3 October 2025, the technical trend for Progress Software Corp. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD remains bearish, suggesting mixed signals. The daily moving averages are mildly bearish, and Bollinger Bands show a mildly bearish trend on both weekly and monthly time frames. The KST and OBV are bearish on a weekly and monthly basis, while Dow Theory shows no trend weekly and mildly bearish monthly.In terms of performance, the stock has outperformed the S&P 500 over the past week and month, but it has significantly underperformed over the year-to-date and one-year periods. Overall, the current technical stance is mildly bearish, indicating a weak downward trend.
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