US stock / ETF

Progressive Corporation

PGR · NYSE · USD

1 weekBullish74%
Weekly Upside probability 74%Bullish

PGR 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $189.2 and reclaim $239.38.

Invalidation Trigger

Lose $189.2 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 51.3, MACD 0.889

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $12.62 (5.86%)

Weekly

EMA Structure

Range
EMA 8$216.19Bearish
EMA 21$213.53Bullish
EMA 50$216.87Bearish

Signals

CategoryReadStrength
Momentum
RSI 51.3 · MACD 0.889

Neutral zone

Strength
Bullish
Volatility
ATR $12.62 · BB 20.81%

High volatility

Strength
Bearish
Volume
MFI 67.5 · OBV 4.37%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$189.2 - $239.38

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.09% · 2.9 ATR above latest close

$252
Nearest resistance

+11.23% · 1.9 ATR above · 34-bar high

$239.38
Current price

Price shown is delayed

$215.22
Nearest support

-12.09% · 2.1 ATR below · 34-bar low

$189.2
Deeper support zone

-17.95% · 3.1 ATR below latest close

$176.58
ATR zone

Latest close ± ATR14

$202.6 - $227.84

Indicators

Trend

Dow Theory Structure

Confirmation $225.45, invalidation $205.64

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.0 / 31.0 / 19.0Bullish
Supertrend (10,3)

Price is above Supertrend

$181.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.29 / $218.69Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

High volatility

$12.62 (5.86%)Bearish
Bollinger Bands (20,2)

Width 20.81%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.13 / $189.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$202.6 / $227.84Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is positive

0.889Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.1 / 47.7Bearish
Williams %R (14)

Neutral zone

-61.9Range
CCI (20)

Balanced zone

44.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.5Bullish
OBV slope

20-period OBV slope

4.37%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $225.45, invalidation $205.64

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.0 / 31.0 / 19.0Bullish
Supertrend (10,3)

Price is above Supertrend

$181.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.29 / $218.69Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is positive

0.889Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.1 / 47.7Bearish
Williams %R (14)

Neutral zone

-61.9Range
CCI (20)

Balanced zone

44.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$12.62 (5.86%)Bearish
Bollinger Bands (20,2)

Width 20.81%

58%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.13 / $189.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$202.6 / $227.84Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.5Bullish
OBV slope

20-period OBV slope

4.37%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

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