US stock / ETF

Progressive Corporation

PGR · NYSE · USD

3 monthsBullish82%
3M Upside probability 82%Bullish

PGR 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $84.91 and reclaim $292.98.

Invalidation Trigger

Lose $84.91 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 62.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $36.4 (16.23%)

3M

EMA Structure

Range
EMA 8$223.36Bullish
EMA 21$173.23Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 62.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $36.4 · BB 133.82%

High volatility

Strength
Bearish
Volume
MFI 51.9 · OBV 3519.85%

Relative to 20-period average volume

Strength
Range
Price Levels
$84.91 - $292.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+46.88% · 2.9 ATR above latest close

$329.38
Nearest resistance

+30.65% · 1.9 ATR above · 24-bar high

$292.98
Current price

Price shown is delayed

$224.25
Nearest support

-62.14% · 3.8 ATR below · 24-bar low

$84.91
Deeper support zone

-78.37% · 4.8 ATR below latest close

$48.51
ATR zone

Latest close ± ATR14

$187.85 - $260.65

Indicators

Trend

Dow Theory Structure

Confirmation $292.98, invalidation $230.22

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$87.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

High volatility

$36.4 (16.23%)Bearish
Bollinger Bands (20,2)

Width 133.82%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$256.93 / $97.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$187.85 / $260.65Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$292.98Range
Support

Nearest Downside Decision Level

$84.91Range

Momentum

RSI (14)

Momentum is strong

62.3Bullish
MACD (12,26,9)

Histogram is negative

--Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.1 / 58.3Bullish
Williams %R (14)

Neutral zone

-37.9Range
CCI (20)

Balanced zone

43.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.9Range
OBV slope

20-period OBV slope

3519.85%Bullish
Volume ratio

Relative to 20-period average volume

1.04xRange

Trend

Dow Theory Structure

Confirmation $292.98, invalidation $230.22

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$87.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Momentum is strong

62.3Bullish
MACD (12,26,9)

Histogram is negative

--Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.1 / 58.3Bullish
Williams %R (14)

Neutral zone

-37.9Range
CCI (20)

Balanced zone

43.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$36.4 (16.23%)Bearish
Bollinger Bands (20,2)

Width 133.82%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$256.93 / $97.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$187.85 / $260.65Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.9Range
OBV slope

20-period OBV slope

3519.85%Bullish
Volume ratio

Relative to 20-period average volume

1.04xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$292.98Range
Support

Nearest Downside Decision Level

$84.91Range

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