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Is PRGS gaining bearish strength? 180 Bearish Setup shows up after sliding 3.43%

Progress Software Corporation (PRGS) — Nightly Technical Analysis · Sep 19, 2025, 20:04 ET
PRGS closed down 3.43% on Friday, September 19th, with volume running 2.0× above average. 180 Bearish Setup — typically a warning sign for traders — developed during the session. Key support levels exist at 41.38, 40.79 & 39.65, with resistance at 43.11, 44.25 & 44.84.

Current SwingTradeBot Technical Rating of PRGS: F

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Progress Software Corporation (PRGS)