US stock / ETF

Progressive Corporation

PGR · NYSE · USD

3 monthsBullish92%
3M Upside probability 92%Bullish

PGR 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $62.18 and reclaim $292.99.

Invalidation Trigger

Lose $62.18 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 61.8, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $38.02 (16.85%)

3M

EMA Structure

Range
EMA 8$220.28Bullish
EMA 21$185.29Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 61.8 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $38.02 · BB 112.49%

High volatility

Strength
Bearish
Volume
MFI 67.7 · OBV 28.51%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$62.18 - $292.99

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+46.72% · 2.8 ATR above latest close

$331.01
Nearest resistance

+29.87% · 1.8 ATR above · 30-bar high

$292.99
Current price

Price shown is delayed

$225.6
Nearest support

-72.44% · 4.3 ATR below · 30-bar low

$62.18
Deeper support zone

-89.29% · 5.3 ATR below latest close

$24.16
ATR zone

Latest close ± ATR14

$187.58 - $263.62

Indicators

Trend

Dow Theory Structure

Confirmation $292.99, invalidation $189.2

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

Trend strength is active

65.3 / 30.7 / 12.8Bullish
Supertrend (10,3)

Price is above Supertrend

$93.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$212.83 / --Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

High volatility

$38.02 (16.85%)Bearish
Bollinger Bands (20,2)

Width 112.49%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$270.91 / $108.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$187.58 / $263.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$292.99Range
Support

Nearest Downside Decision Level

$62.18Range

Momentum

RSI (14)

Momentum is strong

61.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

62.9 / 58.2Bullish
Williams %R (14)

Neutral zone

-37.1Range
CCI (20)

Balanced zone

41.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.7Bullish
OBV slope

20-period OBV slope

28.51%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $292.99, invalidation $189.2

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

Trend strength is active

65.3 / 30.7 / 12.8Bullish
Supertrend (10,3)

Price is above Supertrend

$93.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$212.83 / --Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Momentum is strong

61.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

62.9 / 58.2Bullish
Williams %R (14)

Neutral zone

-37.1Range
CCI (20)

Balanced zone

41.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$38.02 (16.85%)Bearish
Bollinger Bands (20,2)

Width 112.49%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$270.91 / $108.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$187.58 / $263.62Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.7Bullish
OBV slope

20-period OBV slope

28.51%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$292.99Range
Support

Nearest Downside Decision Level

$62.18Range

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