Progress software corporation PRGS.US Swing Trading Analysis

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PRGS Swing Trading Score

3

24

15

Explosive Bullish
  • AI analysis rates PRGS with  the highest swing trading score of 5.
  • It is mainly due to  the positive AI swing signal,along with the relatively low short-term volatility.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 18 trades with a 72.22% win rate and an average profit/loss of 8.64%.

PRGS Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

PRGS Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of PRGS from 2007/01 till Now

-47.98%
Cumulative Return
-3.50%
Annual Return
24.16%
Volatility
-0.15
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to May, 2025. (Total Trades: 115)

PRGSSectorUS Overall Market
Wining Rate40%42%43%
Avg Return-0.1%4.4%2.2%
Avg Profit7.6%21.6%14.5%
Avg Loss-5.3%-8.5%-7.3%
Avg Risk-Reward Ratio142%255.8%199.9%

Update to 2025/5/10 (Daily Update)

Top 10 High Relevance to PRGS Swing Trading Score