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Archive
- 3/6/2026 -
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Progressive Corp. (PGR) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Progressive Corp. (PGR). During the week, the PGR dropped -3.06 points, or -1.43%, and closed at 210.60 on Friday, March 6, 2026. Weekly volume was -12% below average.
 Long-term trend: [See PGR long-term trend chart]
A long-term downtrend had started on December 16, 2025 at 237.44 and reached 197.92 on February 4, 2026. PGR lost 39.52 points, or 16.64%, in 7 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (198.56) 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 long-term trend.
 Medium-term trend: [See PGR medium-term trend chart]
A medium-term uptrend had started on February 4, 2026 at 197.92 and reached 214.97 on March 2, 2026. PGR gained -17.05 points, or -8.61%, in 3 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 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 February 10, 2026 at 198.83 and reached 214.97 on March 2, 2026. PGR gained -16.14 points, or -8.12%, in 20 days. The chart has formed a Broadening Ascending Wedge 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 January 26, 2026. This is an indication that the short-term trend is up.
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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