|
|
Archive - 1/16/2026 - Sign In to see current Signals. |
Progressive Corp. (PGR) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Progressive Corp. (PGR). During the week, the PGR dropped -12.79 points, or -5.94%, and closed at 202.37 on Friday, January 16, 2026. Weekly volume was 18% above 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 199.90 on November 3, 2025. PGR lost 93.10 points, or 31.77%, in 33 weeks. Price is near the trend low.
Medium-term trend: [See PGR medium-term trend chart] A medium-term downtrend had started on December 16, 2025 at 237.44 and reached 200.74 on January 16, 2026. PGR lost 36.70 points, or 15.46%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (207.96) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See PGR weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 January 12, 2026 at 217.39 and reached 200.74 on January 16, 2026. PGR lost 16.65 points, or 7.66%, in 4 days. The price is now at the 9.79% retracement level.
Daily Technical Indicators: [See PGR daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily Relative Strength Index and MACD have bullish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since December 17, 2025. This is an indication that the short-term trend is down. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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.
| |
|
|