Progress Software Stock Technical Analysis

PRGS Stock  USD 31.29  -0.53  -1.67%   
Market data as of the 22nd of March shows Progress Software priced at 31.29 per share. Measured indicators report Coefficient Of Variation of -762.71, variance of 11.97, and Risk Adjusted Performance of -0.1. The model examines historical data series to identify measurable trend characteristics. Technical levels are measured against peer distributions.

Progress Software Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Progress, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProgressProgress Software's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Analyst Consensus

Target PriceConsensus# of Analysts
65.5Strong Buy7Odds
The recommendation profile for Progress Software reflects inputs from several research sources. The consensus average reflects the central tendency of analyst ratings for Progress Software. Sell-side analysts covering Progress typically assign buy, hold, or sell ratings alongside a 12-month price target. These estimates for Progress Software are revised regularly based on earnings results, guidance updates, and changes in the competitive landscape.
Progress Analyst Advice Details
 Quarterly Earnings Growth
21.357
 Earnings Share
1.66
 Revenue Per Share
22.742
 Quarterly Revenue Growth
0.175
 Return On Assets
0.0438
The market value of Progress Software is measured differently than book value, which reflects Progress accounting equity. Progress Software's market capitalization is 1.34 B. Progress Software P/B of 2.75 shows the market assigns a modest premium over accounting equity. Enterprise value stands at 2.65 B. Intrinsic value reflects what Progress Software's fundamentals imply about worth, which may differ from both price and book figure.
Value and price for Progress Software are related but not identical, and they can diverge across cycles. For Progress Software, key inputs include a P/E ratio of 30.63, a P/B ratio of 2.75, a profit margin of 7.48%, and ROE of 15.95%. The actual Progress Software transaction price is determined by real-time order flow on the exchange. The information is analytical in nature and is not intended as a specific recommendation.

What if' Analysis

Historical what-if analysis for Progress Software is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. The real value is perspective: it shows whether the thesis would have remained investable across different historical windows or depended too heavily on one favorable stretch.
0.00
12/22/2025
 
No Change 0.00  0.0 
In 2 months and 31 days
 
03/22/2026
0.00
If you invested  0.00  in Progress Software on December 22, 2025 and closed the position today, you would generate 0.00 in overall return. The net result is a 0.0% total return in Progress Software for the period over the 90 day window. Comparable stock peers for Progress Software include DoubleVerify Holdings, EPlus, Sprinklr, Ivanhoe Electric, Porch, Evertec, and ADEIA P. The comparison helps frame competitive context. Peer classification reflects similarities in sector, size, or operational focus. Reported data is organized for reference and is not a recommendation. Progress Software Corporation develops, deploys, and manages business applications More

Progress Software Momentum Range Indicators Overview

Upside and downside measures for Progress Software frame directional pressure and range behavior. The indicators are presented as neutral context for price dynamics.

Volatility and Risk Indicators for Progress Software Signals

This section presents risk metrics that describe Progress Software's historical price variability. This view provides neutral context for risk and variability.
Mean reversion in Progress Software's price occurs when temporary dislocations - caused by sentiment extremes, news events, or liquidity shocks - correct back toward the stock's historical fair value.
Hype
Prediction
LowEstimatedHigh
27.7231.2934.86
Details
Intrinsic
Valuation
LowRealHigh
30.9334.5038.07
Details
Naive
Forecast
LowNextHigh
24.2227.7931.36
Details
Analyst
Consensus
LowTargetHigh
59.6165.5072.71
Details
A rigorous investment case for Progress Software requires more than studying its own financials. Benchmarking Progress Software's performance, valuation, and risk profile against competitors is essential to validate any investment thesis.

Technical Indicators

Progress Software Backtested Returns

Progress Software currently shows a very low volatility profile across the evaluation window. It records a risk-adjusted return measure of -0.13, measuring return instability during 3 months. We identified twenty-four technical indicators influencing the company's volatility profile. Please assess metrics such as Coefficient Of Variation of -762.71, variance of 11.97, and risk-adjusted performance of -0.1 to validate implied volatility levels. The firm maintains a beta of 1.39, which signifies elevated sensitivity to broad market movements. Market upswings tend to lift Progress Software more than average, but downturns carry a proportionally larger impact on returns. At this point, Progress Software has a negative expected return of -0.45%.
Auto-correlation
    
  0.55  

Modest predictability

Progress Software shows modest predictability when comparing price series from 22nd of December 2025 to 5th of February 2026 against from 5th of February 2026 to 22nd of March 2026. A strong serial relationship would imply that Progress Software's recent trajectory contains information about its near-term direction. With a serial correlation of 0.55, about 55.0% of Progress Software's price variation is attributable to patterns in preceding intervals.
Correlation Coefficient0.55
Spearman Rank Test0.48
Residual Average0.0
Price Variance12.24
This technical view for Progress Software centers on price movement and volume signals. Common inputs include moving averages, RSI, and price-based signals.
Technical signals derived from Progress Software price data form the basis of this view. The focus remains on price structure and trend behavior. The information reflects recorded price series and volume data across available periods. More Info...

Technical Analysis

Indicator
Time Period
Execute Indicator
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Progress Software volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Technical Analysis Methodology & Indicators

Technical analysis of Progress Software evaluates price structure, momentum, and volatility clustering. Support and resistance levels frame risk boundaries for observed price regimes. Progress Software has a market cap of 1.34 B, P/E of 30.63, ROE of 15.95%.

This section for Progress Software is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 18th, 2026

Progress Software Technical Indicators

Technical analysis of Progress Software is useful because it frames whether the current trend still looks durable or is beginning to weaken. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.

March 22, 2026 Daily Trend Indicators

Technical analysis of Progress Software is useful because it frames whether the current trend still looks durable or is beginning to weaken. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.

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