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Archive - 7/31/2026 - 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 -2.41 points, or -1.13%, and closed at 211.42 on Friday, July 31, 2026. Weekly volume was -24% 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 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 23.6% 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. The price is now at the 55.72% 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. 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 July 7, 2026 at 239.38 and reached 203.08 on July 16, 2026. PGR lost 36.30 points, or 15.16%, in 9 days. Price is near the Fibonacci 23.6% retracement level.
Daily Technical Indicators: [See PGR daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily 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 link to access Lane's Stochastic help. The daily MACD line is below its signal line since July 14, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. The distance between the Bollinger Bands is 114.87% higher then one year average. It indicates the period of high volatility of the stock price. 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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