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Progress Software Corporation

Stage 3 · Topping · week 2

As of Oct 22, 2026, Progress Software is in Stage 3, the topping phase, now in week 2 (since Oct 15, 2026). It closed at $45.98, 0.6% below its 52-week high and above its 200-day average, which is falling.

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. More about the company

$45.98
+5.10% today
$1.9B · Small cap
Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

Is PRGS early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 16w
S2 24w
S4 48w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 7w → S3 2w → S4 9w → S1 12w → S4 16w → S1 3w → S2 24w → S3 7w → S4 8w → S1 8w → S2 2w → S1 1w → S4 48w → S1 8w → S2 9w → S3 1w current
Total tracked: 166 weeks across 16 stage runs.

PRGS among Software - Infrastructure61st of 179 by relative strength

All 179 →
Stocks in Software - Infrastructure ranked by relative strength, with stage and one-month change
#StockStageRS1M
1PAYSStage 2 · wk 2397+20.0%
2BANDStage 3 · wk 1197−31.5%
3USIOStage 2 · wk 1996+39.2%
4OKTAStage 2 · wk 1996−2.0%
5TWLOStage 2 · wk 2696−12.8%
6DOCNStage 2 · wk 396−34.8%
7GCTStage 2 · wk 996+12.6%
8FTNTStage 2 · wk 2495−3.2%
…61PRGSStage 3 · wk 253+12.1%
vs 52W High
-0.6%
$25.09 lo$46.27 hi
Near 52W high, distribution zone
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 2
1w13w26w
Week 2, early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
25.6%
200 DMA: $36.61 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.92x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
Trend Health
→
Short-term trend flat
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+12.1%
3M
+21.5%
6M
+67.4%
YTD
+12.0%
1Y
-0.8%
Scan Membership
Breakout Watch
Latest: 2025-06-27
11 appearances in last 60 days. First seen: 2019-03-20.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 2 · Vol 0.92x
2026-10-21S3
Wk 1 · Vol 0.52x
2026-10-20S3
Wk 1 · Vol 0.93x
2026-10-19S3
Wk 1 · Vol 0.99x
2026-10-16S3
Wk 1 · Vol 1.39x
2026-10-15S32→3
Wk 1 · Vol 1.01x
2026-10-14S2
Wk 9 · Vol 0.81x
2026-10-13S2
Wk 9 · Vol 1.00x
2026-10-12S2
Wk 9 · Vol 0.84x
2026-10-09S2
Wk 8 · Vol 1.11x
2026-10-08S2
Wk 8 · Vol 1.33x
2026-10-07S2
Wk 8 · Vol 1.26x
Moving averages & range
50 DMA
$41.60
200 DMA
$36.61
52W High
$46.27
52W Low
$25.09
5D Low
$40.84
Resistance levels (recent highs)
20d High
$45.98
60d High
$46.27
120d High
$46.27
250d High
$46.27
Next resistance
+0.6%
to 60d High
P/E (TTM)
21.2
Forward 6.4
Earnings Growth (YoY)
+25.0%
Revenue -1.5%
ROE
+18.3%
Profit margin +9.2%
Dividend Yield
0.00%
P/B 3.6

Progress Software: quick answers

What stage is Progress Software in?

As of Oct 22, 2026, Progress Software (PRGS) is in Stage 3, the topping phase. It entered Stage 3 on Oct 15, 2026 and is in week 2. What the four stages mean

Is Progress Software in an uptrend?

Its uptrend has stalled. Progress Software is in Stage 3, the topping phase that follows an advance. It trades 25.6% above its 200-day average, which is falling.

How far is Progress Software from its 52-week high?

Progress Software closed at $45.98 on Oct 22, 2026, 0.6% below its 52-week high of $46.27. Its 52-week low is $25.09.

How has Progress Software performed over the past year?

As of Oct 22, 2026, Progress Software is down 0.8% over the past year and up 12.0% so far in 2026.

Which sector and industry is Progress Software in?

Progress Software is in the Software - Infrastructure industry, part of the Information Technology sector.

About this companyInformation Technology· Software - Infrastructure

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; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.