|
|
Archive
- 2/6/2026 -
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 -5.71 points, or -2.75%, and closed at 202.29 on Friday, February 6, 2026. Weekly volume was 12% above average.
PGR is a member of Financials Sector. Financials is the second 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 197.92 on February 4, 2026. PGR lost 95.08 points, or 32.45%, in 46 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 197.92 on February 4, 2026. PGR lost 39.52 points, or 16.64%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 183.69 and resistance is at 209.80. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See PGR weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 weekly MACD line is below its signal line since January 9, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend 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 January 28, 2026 at 215.25 and reached 197.92 on February 4, 2026. PGR lost 17.33 points, or 8.05%, in 7 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See PGR daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since January 26, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
| |
|
|