Technical Analysis for PGR - Progressive Corporation (The)

Grade Last Price % Change Price Change
C 95.35 -1.30% -1.26
PGR closed down 1.3 percent on Wednesday, August 4, 2021, on 60 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. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat
Historical PGR trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 20 DMA Bullish -1.30%
Crossed Above 50 DMA Bullish -1.30%
MACD Bullish Signal Line Cross Bullish -1.30%
180 Bullish Setup Bullish Swing Setup -1.30%
20 DMA Resistance Bearish 0.33%
Older End-of-Day Signals for PGR ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Inside Day about 18 hours ago
Possible NR7 about 18 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
20 DMA Support about 22 hours ago
Down 1% about 23 hours ago
View Earlier Intraday Alerts

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Profile

Progressive Corporation (The) Description

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


Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: S&P 500 Insurance Casualty Insurance General Insurance Mobile Device Compensation Insurance Vehicle Insurance Lines Products Personal And Commercial Automobile Insurance Personal Lines Products Physical Damage Insurance

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 107.575
52 Week Low 84.89
Average Volume 3,049,167
200-Day Moving Average 94.87
50-Day Moving Average 96.34
20-Day Moving Average 95.92
10-Day Moving Average 95.11
Average True Range 1.79
ADX 17.77
+DI 18.10
-DI 19.16
Chandelier Exit (Long, 3 ATRs) 96.00
Chandelier Exit (Short, 3 ATRs) 95.37
Upper Bollinger Bands 99.51
Lower Bollinger Band 92.34
Percent B (%b) 0.42
BandWidth 7.47
MACD Line -0.44
MACD Signal Line -0.54
MACD Histogram 0.104
Fundamentals Value
Market Cap 55.82 Billion
Num Shares 585 Million
EPS 8.63
Price-to-Earnings (P/E) Ratio 11.05
Price-to-Sales 1.25
Price-to-Book 2.97
PEG Ratio 3.32
Dividend 0.40
Dividend Yield 0.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 97.03
Resistance 3 (R3) 97.18 96.77 96.75
Resistance 2 (R2) 96.77 96.34 96.69 96.66
Resistance 1 (R1) 96.06 96.08 95.86 95.91 96.56
Pivot Point 95.65 95.65 95.55 95.58 95.65
Support 1 (S1) 94.94 95.22 94.74 94.79 94.14
Support 2 (S2) 94.53 94.96 94.46 94.04
Support 3 (S3) 93.82 94.53 93.95
Support 4 (S4) 93.67