(PGR) Progressive Corporation complete technical analysis [charts+indicators] | Buy/Sell Progressive Corporation | (PGR) share price targets
Complete technical analysis of Progressive Corporation (PGR) by charts plus indicators, forecast predictions and share price targets for Progressive Corporation (PGR)
Progressive Corporation trades in USA in Finance sector.
10 day averaged volume of Progressive Corporation is 2363203
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 209.22 | 209.31 | 209.68 | 207.28 | 0.848 times |
| 16 Thu May 2024 | 207.01 | 209.99 | 211.41 | 205.64 | 1.446 times |
| 15 Wed May 2024 | 209.25 | 207.36 | 213.23 | 207.05 | 1.541 times |
| 14 Tue May 2024 | 213.67 | 212.11 | 214.39 | 211.51 | 0.752 times |
| 13 Mon May 2024 | 212.41 | 216.50 | 217.65 | 212.41 | 0.656 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 208.5 as stoploss in an intra day buy trade for a target of 211.49. However, stock will show a bearish move below 208.5.
Share price targets for Progressive Corporation (PGR)
| Target Type | Value |
| Downside Target | 159.34 |
| Downside Target | 176.37 |
| Downside Target | 182.35 |
| Downside Target | 186.94 |
| Downside Target | 193.95 |
| Downside Target | 202.09 |
| Upside Target | 213.74 |
| Upside Target | 215.18 |
| Upside Target | 216.21 |
| Upside Target | 217.65 |
| Upside Target | 217.77 |
Intraday share price targets for Progressive Corporation (PGR)
| Target Type | Value |
| Downside Intraday Target | 204.02 |
| Downside Intraday Target | 198.83 |
| Upside Intraday Target | 216.03 |
| Upside Intraday Target | 222.85 |
| Upside Intraday Target | 210.84 |
Weekly technical analysis of Progressive Corporation (PGR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 209.22 | 216.50 | 217.65 | 205.64 | 1.102 times |
| 10 Fri May 2024 | 215.76 | 209.21 | 217.77 | 209.07 | 0.878 times |
| 03 Fri May 2024 | 208.72 | 208.00 | 213.74 | 204.65 | 1.028 times |
| 26 Fri Apr 2024 | 208.03 | 215.06 | 216.21 | 205.50 | 0.749 times |
| 19 Fri Apr 2024 | 214.69 | 207.76 | 215.18 | 205.13 | 0.973 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Progressive Corporation (PGR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 209.22 | 209.16 | 217.77 | 204.65 | 0.465 times |
| 30 Tue Apr 2024 | 208.25 | 207.19 | 216.21 | 202.09 | 1.098 times |
| 28 Thu Mar 2024 | 206.82 | 189.20 | 208.19 | 186.94 | 1.288 times |
| 29 Thu Feb 2024 | 189.56 | 176.77 | 193.95 | 176.37 | 0.954 times |
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Progressive Corporation (PGR)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 25, 11 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 28 | Sell |
| CCI | -115 | Buy |
| RSI | 50 | Sell |
| OBV | -6879313 | Sell |
| VWAP | 212 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Progressive Corporation ( (PGR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Progressive Corporation ( (PGR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Progressive Corporation ( (PGR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Progressive Corporation ( (PGR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Progressive Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Progressive Corporation in short term but the sell signal is initial and weak.
Progressive Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Progressive Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term
MRSI is in positive zone. This is a BUY zone
Stock of Progressive Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 212.34 and Progressive Corporation (PGR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Progressive Corporation (PGR) stock. Volume based technical analysis of Progressive Corporation (PGR) stock is negative.
Progressive Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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