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PRGS Fell Below 50 Day Moving Average on June 22
PRGS posted a 6.81% loss on Monday, June 22nd, accompanied by 1.2× normal trading volume. Multiple bearish signals emerged — Fell Below 50 DMA, MACD Bearish Centerline Cross & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 26.6, 25.53 & 23.84, with resistance at 29.36, 31.05 & 32.12. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of PRGS: C
What else did PRGS do today? Find out on SwingTradeBot.
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