US stock / ETF

Progressive Corporation

PGR · NYSE · USD

1 weekBullish86%
Weekly Upside probability 86%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 57.4, MACD 1.279

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $11.13 (4.93%)

Weekly

EMA Structure

Range
EMA 8$219.53Bullish
EMA 21$215.73Bullish
EMA 50$217.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.4 · MACD 1.279

Momentum is strong

Strength
Bullish
Volatility
ATR $11.13 · BB 14.27%

Medium volatility

Strength
Range
Volume
MFI 51.0 · OBV 7.30%

Relative to 20-period average volume

Strength
Range
Price Levels
$189.2 - $239.38

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.04% · 2.2 ATR above latest close

$250.51
Nearest resistance

+6.11% · 1.2 ATR above · 34-bar high

$239.38
Current price

Price shown is delayed

$225.6
Nearest support

-16.13% · 3.3 ATR below · 34-bar low

$189.2
Deeper support zone

-21.07% · 4.3 ATR below latest close

$178.07
ATR zone

Latest close ± ATR14

$214.47 - $236.73

Indicators

Trend

Dow Theory Structure

Confirmation $225.45, invalidation $201.02

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

Trend strength is moderate

16.5 / 23.3 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$194.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.96 / $214.29Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

Medium volatility

$11.13 (4.93%)Range
Bollinger Bands (20,2)

Width 14.27%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$237.29 / $194.48Range
ATR channel lower / upper

Current Volatility Envelope

$214.47 / $236.73Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is positive

1.279Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.0 / 76.5Bullish
Williams %R (14)

Overbought zone

-16.0Bearish
CCI (20)

Strong expansion

122.4Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.0Range
OBV slope

20-period OBV slope

7.30%Bullish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $225.45, invalidation $201.02

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

Trend strength is moderate

16.5 / 23.3 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$194.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$214.96 / $214.29Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is positive

1.279Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.0 / 76.5Bullish
Williams %R (14)

Overbought zone

-16.0Bearish
CCI (20)

Strong expansion

122.4Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$11.13 (4.93%)Range
Bollinger Bands (20,2)

Width 14.27%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$237.29 / $194.48Range
ATR channel lower / upper

Current Volatility Envelope

$214.47 / $236.73Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.0Range
OBV slope

20-period OBV slope

7.30%Bullish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

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