Technical Analysis for PGR - Progressive Corporation (The)

Grade Last Price % Change Price Change
grade A 89.975 -0.40% -0.37
PGR closed up 2.24 percent on Friday, July 31, 2020, on 1.41 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical PGR trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.58%
Pocket Pivot Bullish Swing Setup -0.58%
Multiple of Ten Bullish Other -0.58%
Overbought Stochastic Strength -0.58%
Stochastic Reached Overbought Strength 1.64%
Overbought Stochastic Strength 1.64%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.92%
Doji - Bullish? Reversal 2.92%
Overbought Stochastic Strength 2.92%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.06%

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Profile

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.
Insurance Casualty Insurance Mobile Device Vehicle Insurance Amtrust Financial Services Compensation Insurance Lines Products Consumers Online Personal And Commercial Automobile Insurance Personal Lines Products Physical Damage Insurance Progressive Corporation Western World Insurance Group

Is PGR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 90.72
52 Week Low 62.18
Average Volume 2,847,322
200-Day Moving Average 76.73
50-Day Moving Average 81.33
20-Day Moving Average 85.26
10-Day Moving Average 88.63
Average True Range 1.98
ADX 29.87
+DI 33.73
-DI 12.50
Chandelier Exit (Long, 3 ATRs ) 84.79
Chandelier Exit (Short, 3 ATRs ) 82.09
Upper Bollinger Band 94.00
Lower Bollinger Band 76.51
Percent B (%b) 0.8
BandWidth 20.52
MACD Line 2.54
MACD Signal Line 2.36
MACD Histogram 0.1827
Fundamentals Value
Market Cap 52.58 Billion
Num Shares 581 Million
EPS 2.35
Price-to-Earnings (P/E) Ratio 38.51
Price-to-Sales 1.14
Price-to-Book 3.18
PEG Ratio 0.91
Dividend 0.68
Dividend Yield 0.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 94.09
Resistance 3 (R3) 93.69 92.09 93.49
Resistance 2 (R2) 92.09 91.18 92.29 93.29
Resistance 1 (R1) 91.30 90.62 91.70 91.70 93.09
Pivot Point 89.70 89.70 89.90 89.90 89.70
Support 1 (S1) 88.91 88.79 89.31 89.31 87.91
Support 2 (S2) 87.31 88.23 87.51 87.71
Support 3 (S3) 86.52 87.31 87.51
Support 4 (S4) 86.92