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- 3/20/2026 -
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Progressive Corp. (PGR) Technical Analysis

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Summary:
Weekly :Oversold sectorWilliams' Percentage Range is oversoldTrend support at 205.38
Daily :A Parabolic SAR indicator is below and near the price20 Day Moving Average has crossed above the 50 Day Moving AverageTrend resistance at 206.58The price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Progressive Corp. (PGR). During the week, the PGR climbed 0.83 points, or 0.40%, and closed at 206.00 on Friday, March 20, 2026. Weekly volume was 14% above average.

PGR is a member of Financials Sector. Financials is the most oversold 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 197.92 on February 4, 2026. PGR lost 95.08 points, or 32.45%, in 46 weeks. The price is now at the 8.50% retracement level.

Medium-term trend: [See PGR medium-term trend chart]
A medium-term uptrend had started on February 4, 2026 at 197.92 and reached 214.97 on March 2, 2026. PGR gained -17.05 points, or -8.61%, in 3 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (205.38) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See PGR weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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.

The weekly MACD line is above its signal line since February 27, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 March 2, 2026 at 214.97 and reached 198.75 on March 19, 2026. PGR lost 16.22 points, or 7.55%, in 17 days. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (206.58). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.

Daily Technical Indicators: [See PGR daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since March 10, 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.

A Parabolic SAR (stop and reversal) indicator (207.78) comes close to the price (206.00). It indicates that the trend is getting weaker. 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.38
Williams' Percentage Range (W%R) 77.50
Lane's Stochastic (%D-Slow) 35.06
Greed/Fear Indicator (GFI) 30.97
Moving Average Converg./Diverg. (MACD) -0.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.31
Williams' Percentage Range (W%R) 88.70
Oversold
Lane's Stochastic (%D-Slow) 31.56
Greed/Fear Indicator (GFI) 28.56
Moving Average Converg./Diverg. (MACD) -9.73
Trading Signals
Description Value Chart
Monthly Trendline Resistance 218.23
Upper Bollinger Band 213.95
Parabolic System 207.78
20 Day Moving Average 207.14
Weekly Trendline Resistance 206.58
50 Day Moving Average 206.56
Price 206.00
Monthly Trendline Support 205.38
Weekly Stochastic Crossing 204.05
Daily Stochastic Crossing 202.12
Weekly Trendline Support 198.50
Lower Bollinger Band 197.95
Sector and Industry
Description Name Rank
Sector Financials 1
Industry Property & Casualty Insurance 65
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 198.75
Low Date 03/19/2026
High 207.01
High Date 03/20/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Resistance
Resistance 206.58
Support 198.50
High 214.97
High Date 03/02/2026
Low 198.75
Low Date 03/19/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 218.23
Support 205.38
Low 197.92
Low Date 02/04/2026
High 214.97
High Date 03/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 293.00
High Date 03/17/2025
Low 197.92
Low Date 02/04/2026
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.