US stock / ETF

Progressive Corporation

PGR · NYSE · USD

1 dayRange51%
Daily Range probability 98%Range

PGR 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $205.64 - $225.45 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 47.4, MACD -0.405

Daily
Volatility EnvironmentRange
Low volatility

ATR is $3.69 (1.71%)

Daily

EMA Structure

Bullish
EMA 8$218.09Bearish
EMA 21$217.81Bearish
EMA 50$215.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD -0.405

Neutral zone

Strength
Bearish
Volatility
ATR $3.69 · BB 4.53%

Low volatility

Strength
Range
Volume
MFI 69.1 · OBV 2.50%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$205.64 - $225.45

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.12% · 3.6 ATR above latest close

$229.14
Nearest resistance

+4.41% · 2.6 ATR above · 34-bar high

$225.45
Current price

Price shown is delayed

$215.92
Nearest support

-4.76% · 2.8 ATR below · 34-bar low

$205.64
Deeper support zone

-6.47% · 3.8 ATR below latest close

$201.95
ATR zone

Latest close ± ATR14

$212.23 - $219.61

Indicators

Trend

Dow Theory Structure

Confirmation $212.63, invalidation $221.57

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.2 / 27.0 / 27.6Bearish
Supertrend (10,3)

Price is above Supertrend

$204.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$216.64 / $221.23Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

Low volatility

$3.69 (1.71%)Range
Bollinger Bands (20,2)

Width 4.53%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$225.84 / $209.9Range
ATR channel lower / upper

Current Volatility Envelope

$212.23 / $219.61Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$225.45Range
Support

Nearest Downside Decision Level

$205.64Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.405Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.7 / 42.5Bearish
Williams %R (14)

Neutral zone

-74.3Range
CCI (20)

Balanced zone

-95.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.1Bullish
OBV slope

20-period OBV slope

2.50%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Trend

Dow Theory Structure

Confirmation $212.63, invalidation $221.57

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.2 / 27.0 / 27.6Bearish
Supertrend (10,3)

Price is above Supertrend

$204.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$216.64 / $221.23Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.405Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.7 / 42.5Bearish
Williams %R (14)

Neutral zone

-74.3Range
CCI (20)

Balanced zone

-95.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$3.69 (1.71%)Range
Bollinger Bands (20,2)

Width 4.53%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$225.84 / $209.9Range
ATR channel lower / upper

Current Volatility Envelope

$212.23 / $219.61Range

Volume / Money Flow

MFI (14)

Money flow is strong

69.1Bullish
OBV slope

20-period OBV slope

2.50%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$225.45Range
Support

Nearest Downside Decision Level

$205.64Range

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