US stock / ETF

Progressive Corporation

PGR · NYSE · USD

1 weekRange49%
Weekly Range probability 98%Range

PGR 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $189.2 - $239.38 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 48.2, MACD 3.720

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $12.7 (6.11%)

Weekly

EMA Structure

Range
EMA 8$214.31Bearish
EMA 21$210.26Bearish
EMA 50$217.37Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.2 · MACD 3.720

Neutral zone

Strength
Range
Volatility
ATR $12.7 · BB 21.88%

High volatility

Strength
Bearish
Volume
MFI 71.6 · OBV -9.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$189.2 - $239.38

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+21.22% · 3.5 ATR above latest close

$252.08
Nearest resistance

+15.11% · 2.5 ATR above · 34-bar high

$239.38
Current price

Price shown is delayed

$207.95
Nearest support

-9.02% · 1.5 ATR below · 34-bar low

$189.2
Deeper support zone

-15.12% · 2.5 ATR below latest close

$176.5
ATR zone

Latest close ± ATR14

$195.25 - $220.65

Indicators

Trend

Dow Theory Structure

Confirmation $189.2, invalidation $206.84

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

Trend strength is active

23.7 / 28.3 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$176.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.29 / $222.07Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

High volatility

$12.7 (6.11%)Bearish
Bollinger Bands (20,2)

Width 21.88%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$237.97 / $182.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$195.25 / $220.65Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

Momentum

RSI (14)

Neutral zone

48.2Range
MACD (12,26,9)

Histogram is positive

3.720Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.4 / 73.3Bearish
Williams %R (14)

Neutral zone

-62.6Range
CCI (20)

Balanced zone

83.3Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.6Bullish
OBV slope

20-period OBV slope

-9.27%Bearish
Volume ratio

Relative to 20-period average volume

1.46xBullish

Trend

Dow Theory Structure

Confirmation $189.2, invalidation $206.84

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

Trend strength is active

23.7 / 28.3 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$176.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.29 / $222.07Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

48.2Range
MACD (12,26,9)

Histogram is positive

3.720Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.4 / 73.3Bearish
Williams %R (14)

Neutral zone

-62.6Range
CCI (20)

Balanced zone

83.3Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

High volatility

$12.7 (6.11%)Bearish
Bollinger Bands (20,2)

Width 21.88%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$237.97 / $182.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$195.25 / $220.65Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.6Bullish
OBV slope

20-period OBV slope

-9.27%Bearish
Volume ratio

Relative to 20-period average volume

1.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

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