Progress Software's Bollinger Bands expand downward, bearish Marubozu signals weakness.

The 15-minute chart for Progress Software has recently exhibited a downward trend, as evidenced by the expanding Bollinger Bands and a bearish Marubozu candlestick pattern at 10/23/2025 10:15. This suggests that the market is currently being driven by selling pressure, with sellers exerting control over the market. Furthermore, this bearish momentum is likely to persist in the near future.