The Greedy Trader Weekly Analysis
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- 4/24/2026 -
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Progressive Corp. (PGR) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :The price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Progressive Corp. (PGR). During the week, the PGR gave back -1.69 points, or -0.83%, and closed at 200.89 on Friday, April 24, 2026. Weekly volume was -28% below average.

Long-term trend: [See PGR long-term trend chart]
A long-term downtrend had started on March 17, 2025 at 293.00 and reached 192.02 on April 1, 2026. PGR lost 100.98 points, or 34.46%, in 54 weeks. The price is now at the 8.78% retracement level.

Medium-term trend: [See PGR medium-term trend chart]
A medium-term downtrend had started on December 16, 2025 at 237.44 and reached 192.02 on April 1, 2026. PGR lost 45.42 points, or 19.13%, in 15 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (189.60) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a medium-term trend.

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. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See PGR short-term trend chart]
A short-term uptrend had started on April 1, 2026 at 192.02 and reached 208.46 on April 21, 2026. PGR gained -16.44 points, or -8.56%, in 20 days. The price is now at the 46.05% retracement 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 April 10, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

During the last week, the price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.34
Williams' Percentage Range (W%R) 28.60
Lane's Stochastic (%D-Slow) 71.62
Greed/Fear Indicator (GFI) 66.10
Moving Average Converg./Diverg. (MACD) -0.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.65
Williams' Percentage Range (W%R) 74.20
Lane's Stochastic (%D-Slow) 32.36
Greed/Fear Indicator (GFI) 34.75
Moving Average Converg./Diverg. (MACD) -9.45
Trading Signals
Description Value Chart
Upper Bollinger Band 209.18
Parabolic System 208.67
Daily Stochastic Crossing 204.46
50 Day Moving Average 203.66
Price 200.89
20 Day Moving Average 199.80
Weekly Stochastic Crossing 199.09
Monthly Trendline Resistance 197.88
Lower Bollinger Band 194.41
Monthly Trendline Support 189.60
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Property & Casualty Insurance 68
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 193.06
Low Date 04/10/2026
High 208.46
High Date 04/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 192.02
Low Date 04/01/2026
High 208.46
High Date 04/21/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 197.88
Support 189.60
High 237.44
High Date 12/16/2025
Low 192.02
Low Date 04/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 293.00
High Date 03/17/2025
Low 192.02
Low Date 04/01/2026
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.