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Archive - 5/8/2026 - Sign In to see current Signals. |
Progressive Corp. (PGR) Technical Analysis
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| 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 -5.31 points, or -2.66%, and closed at 194.00 on Friday, May 8, 2026. It was the worst weekly loss since March 27, 2026. Weekly volume was -10% below 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 191.75 on May 8, 2026. PGR lost 101.25 points, or 34.56%, in 59 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 191.75 on May 8, 2026. PGR lost 45.69 points, or 19.24%, in 20 weeks. The chart has formed a Descending Triangle chart pattern. The price is near the trend support (199.01) 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 strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since April 10, 2026. The distance between MACD and the signal line is low and getting smaller. 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 April 21, 2026 at 208.46 and reached 191.75 on May 8, 2026. PGR lost 16.71 points, or 8.02%, in 17 days. The price is now at the 13.46% retracement level.
Daily Technical Indicators: [See PGR daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since April 30, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
8 |
| Industry |
Property & Casualty Insurance |
49 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
208.46 |
| High Date |
04/21/2026 |
| Low |
191.75 |
| Low Date |
05/08/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
208.10 |
| High Date |
03/24/2026 |
| Low |
191.75 |
| Low Date |
05/08/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Test Support |
| Resistance |
193.72 |
| Support |
199.01 |
| High |
237.44 |
| High Date |
12/16/2025 |
| Low |
191.75 |
| Low Date |
05/08/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
293.00 |
| High Date |
03/17/2025 |
| Low |
191.75 |
| Low Date |
05/08/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
9.76 |
| Low Date |
03/10/2009 |
| High |
293.00 |
| High Date |
03/17/2025 |
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