What is the meaning of deal status in the list view and pipeline view?

Deal Status – Contact Lead, Progressing & Follow Up on Web [All Users] 

View the deals in the list view or pipeline view, refer below for details:

• Contact Lead (Red) – This indicates the lead is not contacted or unable to contact due to no answer or voice mail, next step is to create a follow up call activity.
• Progressing (Green) – This lead has been contacted, convert lead to next stage and create a follow up call activity or drop the lead with remarks.
• Follow Up (Yellow) – A lead with no follow up after 5 days from last activity, the deal status will change from Progressing to Follow Up. Create a follow up call activity to turn the deal status to Progressing.

Deal Status – Contact Lead, Progressing & Follow Up on Mobile App [All Users] 

On OutPerform mobile app, deal status is indicated on the right of a deal in the Deal screen.