Notable Two Hundred Day Moving Average Cross - PRGS

In trading on Wednesday, shares of Progress Software Corp. ( PRGS) crossed below their 200 day moving average of $21.01, changing hands as low as $20.84 per share. Progress Software Corp. shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of PRGS shares, versus its 200 day moving average:

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Progress Software Corp. 200 Day Moving Average Chart

Looking at the chart above, PRGS's low point in its 52 week range is $17.30 per share, with $24.50 as the 52 week high point — that compares with a last trade of $20.91.

According to the ETF Finder at ETF Channel, PRGS makes up 1.27% of the S&P SmallCap Information Technology Portfolio ETF ( PSCT) which is trading lower by about 1.8% on the day Wednesday.
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