PROGRESSIVE CORP (PGR)
US7433151039 - Common Stock
We assign a technical rating of 4 out of 10 to PGR. Although PGR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month PGR has a been trading in the 236.90 - 270.17 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, PGR did better than 83% of all other stocks. On top of that, PGR also shows a nice and consistent pattern of rising prices.
PGR is one of the better performing stocks in the Insurance industry, it outperforms 79% of 140 stocks in the same industry.
PGR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PGR is performing more or less in line with the market.
PGR has an average volume of 2393140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
PGR has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
204.60
271.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 239.59 to 239.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @211.00 from a horizontal line in the daily time frame.
- Support @206.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 241.40 to 242.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 248.10 to 253.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 268.89 to 268.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.72
Mansfield0.01
10 Day High254.13
10 Day Low236.9
20 Day High270.17
20 Day Low236.9
52 Week High270.62
52 Week Low162.35
Performance
1 Week-0.15%
2 Weeks-4.85%
1 Month-10.89%
3 Month-6.17%
6 Month14%
12 Month47.26%
2 Year84.72%
3 Year133.42%
5 Year230.99%
10 Year787.74%
15 Year1231.85%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.73
RSI(14)36.38
LBB235.92
UBB251.42
PROGRESSIVE CORP
NYSE:PGR (12/30/2024, 8:04:00 PM)
After market: 239.6 0 (0%)239.6
-1.42 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.59%
1 Week-0.15%
2 Weeks-4.85%
1 Month-10.89%
3 Month-6.17%
6 Month14%
12 Month47.26%
2 Year84.72%
3 Year133.42%
5 Year230.99%
10 Year787.74%
15 Year1231.85%
Volatility
ATR(14)5.1
ATR(20)%2.24%
ATR Inc-33.24%
Range Today4.35
ADR(20)5.02
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.72
Mansfield0.01
10 Day High254.13
10 Day Low236.9
20 Day High270.17
20 Day Low236.9
52 Week High270.62
52 Week Low162.35
CS1 End239.59
CR1 Start241.4
Volume & EV
DER(3)-0.3%
DER(5)1.15%
Volume2.26M
Volume Incr-52.73%
Vol(5)1.43M
Vol(50)2.39M