US stock / ETF

Progressive Corporation

PGR · NYSE · USD

1 weekBullish81%
Weekly Upside probability 81%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 53.2, MACD 1.478

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $13.51 (6.21%)

Weekly

EMA Structure

Range
EMA 8$215.12Bullish
EMA 21$212.25Bullish
EMA 50$216.79Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.2 · MACD 1.478

Neutral zone

Strength
Bullish
Volatility
ATR $13.51 · BB 21.49%

High volatility

Strength
Bearish
Volume
MFI 66.6 · OBV -3.81%

Relative to 20-period average volume

Strength
Range
Price Levels
$189.2 - $239.38

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.19% · 2.6 ATR above latest close

$252.89
Nearest resistance

+9.98% · 1.6 ATR above · 34-bar high

$239.38
Current price

Price shown is delayed

$217.65
Nearest support

-13.07% · 2.1 ATR below · 34-bar low

$189.2
Deeper support zone

-19.28% · 3.1 ATR below latest close

$175.69
ATR zone

Latest close ± ATR14

$204.14 - $231.16

Indicators

Trend

Dow Theory Structure

Confirmation $239.38, invalidation $203.08

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.9 / 28.9 / 19.9Bullish
Supertrend (10,3)

Price is above Supertrend

$176.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$217.76 / $219.52Bearish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

High volatility

$13.51 (6.21%)Bearish
Bollinger Bands (20,2)

Width 21.49%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$241.49 / $183.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$204.14 / $231.16Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

Momentum

RSI (14)

Neutral zone

53.2Range
MACD (12,26,9)

Histogram is positive

1.478Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 52.4Bullish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

79.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.6Bullish
OBV slope

20-period OBV slope

-3.81%Bearish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Trend

Dow Theory Structure

Confirmation $239.38, invalidation $203.08

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

20.9 / 28.9 / 19.9Bullish
Supertrend (10,3)

Price is above Supertrend

$176.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$217.76 / $219.52Bearish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

53.2Range
MACD (12,26,9)

Histogram is positive

1.478Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 52.4Bullish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

79.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$13.51 (6.21%)Bearish
Bollinger Bands (20,2)

Width 21.49%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$241.49 / $183.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$204.14 / $231.16Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.6Bullish
OBV slope

20-period OBV slope

-3.81%Bearish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.38Range
Support

Nearest Downside Decision Level

$189.2Range

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