US stock / ETF

Progressive Corporation

PGR · NYSE · USD

1 weekBullish80%
Weekly Upside probability 80%Bullish

PGR 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $189.31 and reclaim $237.22.

Invalidation Trigger

Lose $189.31 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.2, MACD 3.281

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $10.4 (4.64%)

Weekly

EMA Structure

Range
EMA 8$206.13Bullish
EMA 21$206.07Bullish
EMA 50$216.59Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.2 · MACD 3.281

Momentum is strong

Strength
Bullish
Volatility
ATR $10.4 · BB 14.50%

Medium volatility

Strength
Range
Volume
MFI 64.2 · OBV -8.16%

Relative to 20-period average volume

Strength
Range
Price Levels
$189.31 - $237.22

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.42% · 2.2 ATR above latest close

$247.62
Nearest resistance

+5.78% · 1.2 ATR above · 34-bar high

$237.22
Current price

Price shown is delayed

$224.25
Nearest support

-15.58% · 3.4 ATR below · 34-bar low

$189.31
Deeper support zone

-20.22% · 4.4 ATR below latest close

$178.91
ATR zone

Latest close ± ATR14

$213.85 - $234.65

Indicators

Trend

Dow Theory Structure

Confirmation $189.31, invalidation $206.77

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

Trend strength is active

27.9 / 24.3 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$182.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.37 / $228.56Bearish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

Medium volatility

$10.4 (4.64%)Range
Bollinger Bands (20,2)

Width 14.50%

123%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$226.85 / $184.68Range
ATR channel lower / upper

Current Volatility Envelope

$213.85 / $234.65Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$237.22Range
Support

Nearest Downside Decision Level

$189.31Range

Momentum

RSI (14)

Momentum is strong

60.2Bullish
MACD (12,26,9)

Histogram is positive

3.281Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.3 / 81.8Bullish
Williams %R (14)

Overbought zone

-0.7Bearish
CCI (20)

Strong expansion

242.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.2Bullish
OBV slope

20-period OBV slope

-8.16%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Trend

Dow Theory Structure

Confirmation $189.31, invalidation $206.77

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

Trend strength is active

27.9 / 24.3 / 15.8Bullish
Supertrend (10,3)

Price is above Supertrend

$182.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.37 / $228.56Bearish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

60.2Bullish
MACD (12,26,9)

Histogram is positive

3.281Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.3 / 81.8Bullish
Williams %R (14)

Overbought zone

-0.7Bearish
CCI (20)

Strong expansion

242.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$10.4 (4.64%)Range
Bollinger Bands (20,2)

Width 14.50%

123%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$226.85 / $184.68Range
ATR channel lower / upper

Current Volatility Envelope

$213.85 / $234.65Range

Volume / Money Flow

MFI (14)

Money flow is strong

64.2Bullish
OBV slope

20-period OBV slope

-8.16%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$237.22Range
Support

Nearest Downside Decision Level

$189.31Range

Related Forecasts