TECHNICAL ANALYSIS
PGR
Progressive Corporation
TECHNICAL RATING
TECHNICAL SCORE
86 / 100
Summary
Price sits above the 20-day (217.6), 50-day (216.35) and 200-day (208.74) moving averages and the 50/200-day relationship is a Golden cross, so the trend reads constructive across horizons. Momentum is confirming that trend: MACD is above its signal line and the histogram is positive, while RSI(14) at 64.9 is in the constructive band rather than extreme. The share price is inside the Bollinger bands, so volatility is contained, but trading volume is running below its 20-day average, which reduces conviction behind recent moves. The clearest thing to watch next is volume and any decisive move that closes below the 50-day or pushes price toward the upper band with stronger volume.
Price & Moving Averages
Volume
RSI (14)
MACD (12/26/9)
Formula & Methodology
Short-term trendPrice vs. 20-day moving average (weight 10%)
Intermediate trendPrice vs. 50-day moving average (weight 15%)
Long-term regimePrice vs. 200-day moving average (weight 25%)
Cross state50/200 Golden or Death cross (weight 10%)
Momentum + trendMACD 12/26/9 vs signal line (weight 15%)
Momentum bandsRSI (14) state (weight 10%)
VolatilityBollinger-band position (weight 5%)
ConfirmationVolume vs 20-day average (weight 10%)
Rating ruleFormula: the Technical Score is a weighted composite of eight inputs. Trend inputs — price vs. the 20-day (10%), 50-day (15%), and 200-day (25%) moving averages, and the 50/200 Golden or Death cross state (10%) — carry roughly 60% of the weight. Momentum inputs — MACD (12/26/9) vs. its signal line (15%) and RSI (14) state (10%) — carry 25%. Bollinger-band position (5%) and volume vs. the 20-day average (10%) round out the remainder. Each input contributes +1, 0, or -1, weights are re-normalized when a component is unavailable, and the weighted sum is thresholded at +/-0.45 to Bullish, Neutral, or Bearish.
Data Source
Market data sourced from Tiingo. End-of-day prices and volume power the charts and indicators (MA20/50/200, RSI, MACD, Bollinger Bands, Volume) on this page. This page is informational analysis, not investment advice. See Financial Disclaimer.