Stock analysis, trade plans, and proprietary indicators by Trend Edge.
Trend Edge Setup Score
Trend Edge rates PRGS Bearish with a Setup Score of 49, net conviction 39, actionability 62. How the Setup Score works →
Total Setup Score
49
Directional Bias
Bearish
Net Conviction
39
Actionability
62 (in range)
Key signals behind this score
40wk Downtrend — trend only (sma 36.36 vs px 37.21)
Fresh Breakdown — 200wk turn 46w+10wk turn 1w
80wk Downtrend — falling+below (sma 43.14 vs px 37.21)
200wk Downtrend — falling+below (sma 51.26 vs px 37.21)
Funds Distributing — momZ +0.77 · 3.23→3.32
Short Attack — velZ +0.91 · age 33w×0.93 · 11.32%
RS Breakdown — momZ +0.18 · low 16w×0.95 · vs industry
About Progress Software Corporation
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Co… Read full Trend Edge analysis →
Sector: Technology
Industry: Software-Infrastructure
Exchange: NASDAQ
IPO Date: July 30, 1991
Headquarters: 15 Wayside Road, Burlington, MA, United States, 01803
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$41.53
Near-term / short-term trend
Weekly
40-Week SMA
$36.41
Medium-term trend
Weekly
80-Week SMA
$43.17
Cyclical trend (business cycle)
Weekly
200-Week SMA
$51.27
Secular trend (multi-year)
Monthly
10-Month SMA
$36.89
Near-term monthly trend
Monthly
20-Month SMA
$43.55
Medium-term monthly trend
Monthly
40-Month SMA
$50.40
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Progress Software Corporation
(PRGS) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.