Technical Analysis for PGR - Progressive Corporation (The)

Grade Last Price % Change Price Change
grade D 62.03 0.73% 0.45
PGR closed up 0.73 percent on Tuesday, January 15, 2019, on 47 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 23

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical PGR trend table...

Date Alert Name Type % Chg
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 15 Narrow Range Bar Range Contraction 0.00%
Jan 15 NR7 Range Contraction 0.00%
Jan 15 NR7-2 Range Contraction 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 14 NR7 Range Contraction 0.73%
Jan 14 Overbought Stochastic Strength 0.73%
Jan 11 Stochastic Reached Overbought Strength 0.57%
Jan 11 Inside Day Range Contraction 0.57%
Jan 11 Overbought Stochastic Strength 0.57%

Older signals for PGR ...

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The Progressive Corporation, through its subsidiaries, provides personal and commercial automobile insurance, and other specialty property-casualty insurance products and related services primarily in the United States. The company's property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its Personal Lines segment offers personal lines products that comprise insurance for personal autos and special lines products, including motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The company's Commercial Auto segment provides primary liability and physical damage insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow–tow trucks and wreckers used in towing services and gas/service station businesses. It also operates as an agent for homeowners, general liability, and workers' compensation insurance; provides policy issuance and claims adjusting services for the commercial auto insurance procedures/plans; and sells personal auto insurance on an Internet-only basis in Australia. The company sells its products and services through independent insurance agencies, as well as directly to consumers online, on a mobile device, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Is PGR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 73.69
52 Week Low 50.79
Average Volume 3,710,018
200-Day Moving Average 63.8409
50-Day Moving Average 63.914
20-Day Moving Average 60.2585
10-Day Moving Average 60.635
Average True Range 1.52
ADX 22.23
+DI 20.1617
-DI 23.0654
Chandelier Exit (Long, 3 ATRs ) 59.75
Chandelier Exit (Short, 3 ATRs ) 61.27
Upper Bollinger Band 62.7436
Lower Bollinger Band 57.7734
Percent B (%b) 0.86
BandWidth 8.248131
MACD Line -0.5358
MACD Signal Line -1.0664
MACD Histogram 0.5306
Fundamentals Value
Market Cap 36.04 Billion
Num Shares 581 Million
EPS 2.35
Price-to-Earnings (P/E) Ratio 26.40
Price-to-Sales 1.14
Price-to-Book 3.18
PEG Ratio 0.91
Dividend 0.68
Dividend Yield 1.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.16
Resistance 3 (R3) 63.09 62.64 62.97
Resistance 2 (R2) 62.64 62.36 62.68 62.90
Resistance 1 (R1) 62.34 62.18 62.49 62.41 62.84
Pivot Point 61.89 61.89 61.97 61.93 61.89
Support 1 (S1) 61.59 61.61 61.74 61.66 61.22
Support 2 (S2) 61.14 61.43 61.18 61.16
Support 3 (S3) 60.84 61.14 61.09
Support 4 (S4) 60.91