|
|
Archive - 10/23/2026 - Sign In to see current Signals. |
Progressive Corp. (PGR) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a fourth positive week after 3 consecutive negative weeks for the Progressive Corp. (PGR). During the week, the PGR gained 9.58 points, or 4.38%, and closed at 228.07 on Friday, October 23, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was -29% 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 189.20 on May 29, 2026. PGR lost 103.80 points, or 35.43%, in 62 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See PGR medium-term trend chart] A medium-term uptrend had started on May 29, 2026 at 189.20 and reached 239.38 on July 7, 2026. PGR gained -50.18 points, or -26.52%, in 5 weeks. Price is near the Fibonacci 23.6% retracement level.
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. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 September 24, 2026 at 200.96 and reached 230.28 on October 23, 2026. PGR gained -29.32 points, or -14.59%, in 29 days. The price is now at the 7.54% retracement level.
Daily Technical Indicators: [See PGR daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish 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 daily MACD line is above its signal line since October 2, 2026. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|