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🌅 Pre-Breakout Signal Scan Result
PRGS
Watch Breakout Imminent (Squeeze + Near Resistance) 📅 Scanned: 2026.09.09 09:45 📉 Price data as of 2026-09-04 · latest session 2026-09-08 not yet reflected
Pre-Breakout Score
44.0
⚠️ This risk flag is not a ranking — it reflects "chase / volatility risk if entering right now"
Watch

Few overheating or already-surging signals — relatively calm. A good stage to observe pre-breakout conditions patiently.

Caution

Some risk factors present — volatility, short-term overheating, or thin liquidity. Size and scale in carefully if entering.

High Risk

Already surged, RSI overheated, extended far from highs, or earnings imminent. Chasing now carries meaningful pullback risk.

Key Technical Indicators
RSI (14)
54
normal
ADX
33
strong trend
BB Squeeze
✓ Squeeze
bottom 0% band width
OBV Accum.
✗ None
no inflow
Vol Ratio
0.8x
typical
5D Chg
-1.6%
short-term trend
1D Chg
-1.3%
vs. prior close
vs 20D High
+5.0%
near resistance
ATR%
3.9%
daily range
SPY RS 20D
+3.6%
strength vs. market
60-Day Price History
Close Volume Hover for details
Detected Signals (4)
Bollinger Band squeeze
Tight below resistance (-5.0% from high)
Outperforming the market
Multi-timeframe squeeze (daily + weekly contraction)
🌅 Technical Diagnostic Summary
Technical screening flags a 'Breakout Imminent (Squeeze + Near Resistance)' setup on PRGS. RSI at 54 is neither overbought nor oversold — momentum is neutral. Bollinger Band width has contracted to the bottom 0% of its past year — an unusually extreme squeeze that often precedes a sharp volatility move. ADX 33 with +DI 21 / -DI 18 shows a clearly established uptrend. Price sits 5.0% below its 20-day high, approaching that resistance level.
📖 How to Read These Indicators

PRGS's RSI(14) currently reads 54. RSI is a momentum indicator that reflects how often and how sharply a stock has been rising lately. Readings above 70 are typically read as overbought and below 30 as oversold — this one falls in the 'normal' range. As with any single metric, weigh this alongside PRGS's full indicator set. → Learn more

ADX currently reads 33. ADX is a strength-only gauge: it rises when a move is sustained, regardless of which way it points (25+ is considered pronounced). Right now PRGS shows +DI sits above -DI, favoring the upside, putting it in the 'strong trend' range on ADX. Cross-check this against PRGS's other indicators above before drawing a conclusion. → Learn more

PRGS's Bollinger Band width is in the bottom 0% (narrow) of its past year, and the squeeze indicator is currently active. A Bollinger Band squeeze means price volatility has contracted well below its usual range. A squeeze is often followed by a volatility expansion in either direction. Treat this as one data point on PRGS, not a standalone signal. → Learn more

PRGS's OBV is currently not showing a clear rise (none), and the up/down volume ratio is 1.0x. OBV is a running tally that infers buying or selling pressure purely from volume direction. This reading is specific to PRGS on this scan date and can change quickly. → Learn more

PRGS's recent volume is running at 0.8x its usual level. This figure flags whether trading activity has picked up relative to its own recent norm — a reference point for whether order flow is concentrating around this stock. As with any single metric, weigh this alongside PRGS's full indicator set. → Learn more

PRGS's change over the last 5 trading days is -1.6%, and over the last 1 trading day is -1.3%. Both figures describe short-term price movement only and are not, on their own, a trading signal.

PRGS's current price is 5.0% below its 20-day high. Distance from the recent high is a reference point for how close price is to potential resistance. On this measure it currently falls in the 'near resistance' category. Treat this as one data point on PRGS, not a standalone signal. → Learn more

PRGS's ATR% currently reads 3.9%, a 'daily range' level. ATR (Average True Range) measures the average size of a stock's daily price swings. As with any single metric, weigh this alongside PRGS's full indicator set. → Learn more

PRGS's 20-trading-day relative strength versus SPY (S&P 500 ETF) is +3.6%. A positive relative-strength reading means the stock outpaced the broad market. As with any single metric, weigh this alongside PRGS's full indicator set. → Learn more

📊 Measured Base Rates for PRGS's Active Signals · Full table

Measured (n=3949), the hit-rate for Bollinger Band Squeeze (28.3%) was not statistically distinguishable from the base rate (29.3%). Cross-check this against PRGS's other indicators above before drawing a conclusion. → Bollinger Band Squeeze

Stocks holding +DI Dominance reached +15% 27.0% of the time, versus a 29.3% base rate — not a statistically significant difference (8370 cases). Cross-check this against PRGS's other indicators above before drawing a conclusion. → +DI Dominance

Measured (n=5281), the hit-rate for Weekly Squeeze (25.4%) was not statistically distinguishable from the base rate (29.3%). Cross-check this against PRGS's other indicators above before drawing a conclusion. → Weekly Squeeze

Limitations of this page — Automatically calculated, not a stock recommendation. Score is a count of conditions met, not a prediction; base rates are historical measurements only (PRGS diagnostic as of 2026.09.09 09:45).

Past Monitoring History for This Stock (last 1)
📅 2026-09-02 · #9 Entry $45.22 Caution Breakout Imminent (Squeeze + Near Resistance) AI · Peak since +1.3% Tracking 4 trading days

A history of past monitoring candidates — not investment advice. See the scanner's full track record here.

⚠️ This is a monitoring candidate only, not investment advice. The indicators, score, and diagnosis on this page are the result of technical screening and do not guarantee any return. Price can move up, sideways, or down from here, and any investment loss is the investor's own responsibility. Read the full disclaimer