Is Progress Software Corp. technically bullish or bearish?
As of October 10, 2025, Progress Software Corp. is in a bearish trend, indicated by negative MACD, Bollinger Bands, and KST across multiple timeframes, along with significant underperformance against the S&P 500.
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 multiple indicators. The MACD is bearish on both weekly and monthly timeframes, and the Bollinger Bands reflect a bearish outlook on the weekly and mildly bearish on the monthly. Moving averages are mildly bearish on the daily, while the KST is bearish across both weekly and monthly periods. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly. Additionally, the stock has underperformed against the S&P 500, with a year-to-date return of -31.47% compared to the S&P 500's 11.41%, and a one-year return of -31.54% versus 13.36% for the index. Overall, the technical indicators suggest a bearish sentiment for Progress Software Corp.
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