NYSE:PGR - New York Stock Exchange, Inc. - US7433151039 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to PGR. In the last year, PGR was one of the better performers, but we do observe some doubts in the very recent evolution.
PGR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 283.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 268.25, a Stop Loss order could be placed below this zone.
233.24
5 important support areas can be observed.
We can see 2 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
285.09 | 266.58 | 18.51 (6.49%) | 15.40% |
An entry @285.09. This is a Buy Stop order right above the resistance zone. | An exit @266.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 18.51 points, which is 6.49%. | For a 1.00% total portfolio risk, you can invest 15.40% of your capital in this trade. |
269.58
+4.57 (+1.72%)