Progress Software (PRGS, $60.9) RSI Indicator left the overbought zone on May 09, 2025

#PackagedSoftware, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
PRGS - Progress Software Corp
RSI signal
Bearish Trend
64%
Odds of DOWN Trend
Price: $60.9
Daily change: -$0.86 (-1.39%)
Daily volume: 386.3K
Industry: Packaged Software

This is a signal that PRGS's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 36 similar cases where PRGS's RSI Indicator left the overbought zone, and in 23 of them led to a successful outcome. Odds of Success: 64%.