The Greedy Trader Weekly Analysis
Sign In Aug 7, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 7/31/2026 -
Sign In to see current Signals.

Progressive Corp. (PGR) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorPrice is near the Fibonacci 23.6% retracement level
Daily :Stochastic signal line moved above oversold areaThe price has risen above the Parabolic SARPrice is near the Fibonacci 23.6% retracement levelThe period of high volatility of the stock pricePrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Progressive Corp. (PGR). During the week, the PGR dropped -2.41 points, or -1.13%, and closed at 211.42 on Friday, July 31, 2026. Weekly volume was -24% below average.

PGR is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See PGR long-term trend chart]
A long-term downtrend had started on March 17, 2025 at 293.00 and reached 189.20 on May 29, 2026. PGR lost 103.80 points, or 35.43%, in 62 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See PGR medium-term trend chart]
A medium-term uptrend had started on May 29, 2026 at 189.20 and reached 239.38 on July 7, 2026. PGR gained -50.18 points, or -26.52%, in 5 weeks. The price is now at the 55.72% retracement level.

Weekly Technical Indicators: [See PGR weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See PGR short-term trend chart]
A short-term downtrend had started on July 7, 2026 at 239.38 and reached 203.08 on July 16, 2026. PGR lost 36.30 points, or 15.16%, in 9 days. Price is near the Fibonacci 23.6% retracement level.

Daily Technical Indicators: [See PGR daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since July 14, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is 114.87% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.04
Williams' Percentage Range (W%R) 79.60
Lane's Stochastic (%D-Slow) 70.83
Greed/Fear Indicator (GFI) 41.44
Moving Average Converg./Diverg. (MACD) 0.46
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.36
Williams' Percentage Range (W%R) 57.50
Lane's Stochastic (%D-Slow) 65.32
Greed/Fear Indicator (GFI) 53.75
Moving Average Converg./Diverg. (MACD) -2.94
Trading Signals
Description Value Chart
Upper Bollinger Band 236.40
Weekly Stochastic Crossing 220.59
20 Day Moving Average 218.14
Daily Stochastic Crossing 216.15
Price 211.42
50 Day Moving Average 210.67
Parabolic System 206.96
Lower Bollinger Band 193.46
Sector and Industry
Description Name Rank
Sector Financials 12
Industry Property & Casualty Insurance 90
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Low 203.08
Low Date 07/16/2026
High 223.10
High Date 07/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 239.38
High Date 07/07/2026
Low 203.08
Low Date 07/16/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 189.20
Low Date 05/29/2026
High 239.38
High Date 07/07/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 293.00
High Date 03/17/2025
Low 189.20
Low Date 05/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 9.76
Low Date 03/10/2009
High 293.00
High Date 03/17/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.