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Ticker Report — Active Last signal ·

$PRGS

Trade-Ideas alert history 5 alerts 2022-05-102024-12-05

⚠ SMALL SAMPLE · 5 alerts only. Statistics may have high variance — interpret with caution.

🏢 Company Profile

Progress Software Corp (DE) SERVICES-PREPACKAGED SOFTWARE (SIC 7372)
📍 NASDAQ 📅 IPO: Jun 14, 1991 🔗 www.progress.com
💰 Market Cap: $1.14B 👥 Employees: 2,801
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
Total alerts
5
Trade-Ideas signal history
Win rate · EOD
40.0%
Best timeframe baseline
Avg gain · EOD
-0.31%
Per-alert expectancy
Avg MFE
+0.92%
Max potential excursion

Practice trading PRGS on historical setups — browse all patterns across all tickers →

📈 Performance by Timeframe

5MIN

Win Rate: 20.0%
Avg Gain: -0.84%
Avg Winner: +0.01%
Avg Loser: -1.05%
Best: +0.01%
Worst: -1.50%
Trades: 1/4

15MIN

Win Rate: 20.0%
Avg Gain: -0.83%
Avg Winner: +0.56%
Avg Loser: -1.18%
Best: +0.56%
Worst: -2.04%
Trades: 1/4

30MIN

Win Rate: 20.0%
Avg Gain: -0.41%
Avg Winner: +1.26%
Avg Loser: -0.83%
Best: +1.26%
Worst: -1.72%
Trades: 1/4

60MIN

Win Rate: 25.0%
Avg Gain: -0.37%
Avg Winner: +1.19%
Avg Loser: -0.89%
Best: +1.19%
Worst: -1.38%
Trades: 1/3

EOD (End of Day)

Win Rate: 40.0%
Avg Gain: -0.31%
Avg Winner: +0.68%
Avg Loser: -0.97%
Best: +1.11%
Worst: -1.61%
Trades: 2/3

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +0.92%
Best MFE: +2.19%
Avg Time to MFE: 128 min

On average, PRGS alerts reach +0.92% profit potential within 128 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -1.38%
Worst MAE: -3.10%
Avg Time to MAE: 21 min

Before reaching MFE, expect an average drawdown of 1.38%.

⚖️ Risk/Reward Ratio

0.67:1

Challenging risk/reward - consider tighter stops.

💡 Trading Insight: Based on 5 alerts, PRGS typically reaches +0.92% profit before pulling back. Consider setting profit targets around 0.7% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 5
Gap Up % 0.0%
Avg Gap -0.63%
Best Gap -0.11%

🏭 Sector Comparison: SERVICES-PREPACKAGED SOFTWARE

How PRGS compares to 137 other tickers in the same sector.

5-Min Gain
PRGS: -0.88% Sector: -0.09% -0.79%
EOD Gain
PRGS: -0.45% Sector: +73.64% -74.09%
Avg MFE
PRGS: +1.03% Sector: +4.32% -3.29%

📋 Last 20 Alerts

Historical PRGS alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-12-05 09:29:20 $69.77 -0.56% -1.59% -0.95% -0.86% -1.61% -0.21% -0.49% -0.21% LOSS
2024-05-29 09:27:25 $50.07 -1.50% -0.94% -0.42% -0.43% -0.72% +0.20% -2.15% -1.34% LOSS
2024-05-10 09:26:32 $50.82 -0.67% -0.16% -0.23% - +0.26% +0.49% -0.26% -0.26% LOSS
2024-02-28 09:28:19 $52.97 +0.01% +0.56% +1.26% +1.19% -0.59% +1.94% -0.93% -0.11% WIN
2022-05-10 09:25:00 $47.0 -1.47% -2.04% -1.72% -1.38% +1.11% +2.19% -3.10% -1.21% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠ PRGS Shows Negative Expectancy

With 40.0% win rate and -0.31% average gain, PRGS alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider PRGS for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze PRGS with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for PRGS. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, PRGS historically offers an average upside of +0.92% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 PRGS Momentum Personality

With a baseline win rate of 40.0%, PRGS shows negative momentum - the stock tends to fade after alerts. This pattern suggests PRGS may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: PRGS shows negative expectancy across all tested intraday timeframes (Best: EOD (End of Day) at -0.31%). This suggests PRGS is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.