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- 1/9/2026 -
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Progressive Corp. (PGR) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldBroken trend support line
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It was a first positive week for the Progressive Corp. (PGR). During the week, the PGR gained 3.04 points, or 1.43%, and closed at 215.16 on Friday, January 9, 2026. Weekly volume was 14% 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 uptrend had started on March 10, 2009 at 9.76 and reached 293.00 on March 17, 2025. PGR gained -283.24 points, or -2902.05%, in 835 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (46.37) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.

Medium-term trend: [See PGR medium-term trend chart]
A medium-term uptrend had started on February 4, 2014 at 22.53 and reached 293.00 on March 17, 2025. PGR gained -270.47 points, or -1200.49%, in 579 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (148.58) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 December 12, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 November 3, 2025 at 199.90 and reached 237.44 on December 16, 2025. PGR gained -37.54 points, or -18.78%, in 43 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (237.01) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. PGR may retest the broken support line. It is considered to be a resistance line now. 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 short-term trend.

Daily Technical Indicators: [See PGR daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since December 17, 2025.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.65
Williams' Percentage Range (W%R) 87.20
Oversold
Lane's Stochastic (%D-Slow) 15.60
Oversold
Greed/Fear Indicator (GFI) 21.69
Moving Average Converg./Diverg. (MACD) -1.80
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.34
Williams' Percentage Range (W%R) 76.70
Lane's Stochastic (%D-Slow) 59.45
Greed/Fear Indicator (GFI) 41.66
Moving Average Converg./Diverg. (MACD) -8.40
Trading Signals
Description Value Chart
Weekly Trendline Resistance 245.48
Upper Bollinger Band 237.25
Weekly Trendline Support 237.01
Weekly Stochastic Crossing 226.41
20 Day Moving Average 224.05
Parabolic System 222.71
50 Day Moving Average 222.00
Price 215.16
Daily Stochastic Crossing 212.37
Lower Bollinger Band 204.73
Monthly Trendline Support 184.64
Quarterly Trendline Resistance 175.97
Sector and Industry
Description Name Rank
Sector Financials 12
Industry Property & Casualty Insurance 69
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 237.44
High Date 12/16/2025
Low 209.08
Low Date 01/07/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 245.48
Support 237.01
Low 199.90
Low Date 11/03/2025
High 237.44
High Date 12/16/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 281.40
Support 184.64
High 293.00
High Date 03/17/2025
Low 199.90
Low Date 11/03/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 175.97
Support 148.58
Low 22.53
Low Date 02/04/2014
High 293.00
High Date 03/17/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 53.81
Support 46.37
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.