Is Progress Software Corp. technically bullish or bearish?

Oct 12 2025 11:24 AM IST
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As of October 10, 2025, Progress Software Corp. shows a strong bearish trend, indicated by negative MACD and KST signals, underperformance against the S&P 500, and bearish sentiment from Bollinger Bands and moving averages.
As of 10 October 2025, the technical trend for Progress Software Corp. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from the MACD and KST on both weekly and monthly time frames. The Bollinger Bands also reflect a bearish sentiment on the weekly and mildly bearish on the monthly. Moving averages are mildly bearish on the daily chart. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly.

In terms of performance, the stock has underperformed the S&P 500 significantly over the year and year-to-date, with returns of -31.54% and -31.47% respectively, compared to the S&P 500's 13.36% and 11.41%. Overall, the technical indicators suggest a strong bearish outlook for Progress Software Corp.
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Our weekly and monthly stock recommendations are here
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