Progress Software (PRGS, $61.8) RSI Indicator left the overbought zone on May 14, 2025

#PackagedSoftware, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
PRGS - Progress Software Corp
RSI signal
Bearish Trend
65%
Odds of DOWN Trend
Price: $61.8
Daily change: -$0.72 (-1.15%)
Daily volume: 433K
Capitalization: $2.7B
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 37 similar cases where PRGS's RSI Indicator left the overbought zone, and in 24 of them led to a successful outcome. Odds of Success: 65%.