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Archive
- 4/17/2026 -
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Progressive Corp. (PGR) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week after 3 consecutive negative weeks for the Progressive Corp. (PGR). During the week, the PGR gained 8.45 points, or 4.35%, and closed at 202.58 on Friday, April 17, 2026. It was the best weekly gain since February 27, 2026. PGR was trading at average weekly trading volume.
 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 10.46% retracement level.
 Medium-term trend: [See PGR medium-term trend chart]
A medium-term downtrend had started on March 2, 2026 at 214.97 and reached 192.02 on April 1, 2026. PGR lost 22.95 points, or 10.68%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (183.79) 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.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 206.12 on April 17, 2026. PGR gained -14.10 points, or -7.34%, in 16 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See PGR daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has moved above 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.
Price is close to the 50 Day Moving Average. 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.
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