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Archive - 9/5/2025 - 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 -3.20 points, or -1.30%, and closed at 243.86 on Friday, September 5, 2025. Weekly volume was -25% below 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 (45.65) 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 (142.47) 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 Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 below its signal line since May 23, 2025. 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 June 3, 2025 at 289.96 and reached 239.11 on July 28, 2025. PGR lost 50.85 points, or 17.54%, in 55 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See PGR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 21, 2025. The distance between MACD and the signal line is low and getting smaller. The distance between the Bollinger Bands (4.1%) is close to one year low (3.96%). It is 55.86% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
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