NYSE:PGR • US7433151039
Overall PGR gets a technical rating of 0 out of 10. PGR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PGR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 202.37, a Stop Loss order could be placed below this zone.
199.01
We found 1 important support area.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PGR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGR is neutral. |
| ChartMill Relative Strength | 16.48 | NEGATIVE | PGR has a low relative strength, it was outperformed by 83.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.97 | NEUTRAL | The RSI value for PGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests PGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.45 | NEUTRAL | The Stochastics value for PGR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for PGR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for PGR suggests a strong trend. |
203.28
-4.62 (-2.22%)
ChartMill assigns a technical rating of 0 / 10 to PGR.
The current trend direction for PROGRESSIVE CORP (PGR) is Bearish.
PROGRESSIVE CORP (PGR) has an RSI value of 43.9676. This indicates that the stock is currently neutral.
PROGRESSIVE CORP (PGR) has a support level at 202.37 and a resistance level at 203.91. Check the full technical report for our detailed analysis of PGR support and resistance levels.