Latest signal:
PRGS Stock Analysis
Data source: Trade-Ideas Alerts | 5 alerts analyzed | Backtest period: 2022-05-10 → 2024-12-05
⚠️ Small sample size (5 alerts). Statistics may have high variance. Interpret with caution.
🏢 Company Profile
📈 Performance by Timeframe
5MIN
15MIN
30MIN
60MIN
EOD (End of Day)
🚀 Max Favorable / Adverse Excursion (MFE/MAE)
Institutional-grade metrics showing the maximum profit potential and risk for each alert.
📈 MFE (Max Profit Potential)
On average, PRGS alerts reach +0.92% profit potential within 128 minutes.
📉 MAE (Max Drawdown Risk)
Before reaching MFE, expect an average drawdown of 1.38%.
⚖️ Risk/Reward Ratio
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)
🏭 Sector Comparison: SERVICES-PREPACKAGED SOFTWARE
How PRGS compares to 137 other tickers in the same sector.
📋 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.