Stock Analysis: Progressive Corp (PGR)

Stock Analysis for Progressive Corp (PGR)

The Interpreter
Hey Friend, I'm analysing PROGRESSIVE CORP (PGR), and it is between the Support of $ 203.40 (PivotS2) and the Resistance of $ 207.20 (PivotS1). The stock is also approaching the line of PivotS2 at $ 203.40, and if it goes below this line it could reach the next Support of 200% of Fibonacci at $ 192.07.

Progressive Corp (PGR)

$ 212.97 -0.8%

Last Close 22-Apr-24

Trade PGR Now

Supports

Next Support: $ 203.40

Pivot S2: $ 203.40
Fibonacci 200%: $ 192.07
Triangle Level (0): $ 168.97

Resistances

Next Resistance: $ 207.20

Pivot S1: $ 207.20

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 18 Dec 2023	Buy Price: 156.00	Profit: Close Day1 ($ 157.68)	Abandoned Baby	Buy
002 14 Nov 2023	Sell Price: 159.53	Profit: Open Day1 ($ 159.28)	Abandoned Baby	Sell
003 19 Oct 2023	Sell Price: 157.80	Profit: Close Day1 ($ 154.84)	Abandoned Baby	Sell
004 11 Oct 2023	Buy Price: 143.86	Profit: Open Day1 ($ 144.37)	Engulfing	Buy
005 18 Sep 2023	Buy Price: 140.56	Profit: Open Day1 ($ 141.37)	Abandoned Baby	Buy
006 05 Sep 2023	Sell Price: 133.52	Loss: Close Day2 ($ 137.41)	Engulfing	Sell
007 01 Jun 2023	Buy Price: 128.33	Profit: Open Day1 ($ 128.58)	Abandoned Baby	Buy
008One Year Average	Both Sides Result for 7 Signals	Profit: $ 2.57 ($ 0.37 / Signal) +1.8% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for PGR Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	213.85	SELL	2	212.97	BUY
3	212.48	BUY	3	212.39	BUY
5	210.98	BUY	5	211.23	BUY
8	208.46	BUY	8	210.10	BUY
13	208.40	BUY	13	208.97	BUY
21	208.06	BUY	21	207.27	BUY
34	205.15	BUY	34	203.89	BUY
55	198.25	BUY	55	197.99	BUY
90	185.63	BUY	90	189.08	BUY
200	162.06	BUY	200	170.47	BUY

Company Info +

Name & IPO

Progressive Corp
IPO: 1987-06-01

Stock Ticker & Exchange

Ticker: PGRIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.progressive.com/
Phone:

Stock Type

Common Stock

SIC Office

Finance ()

Industry

Fire, Marine & Casualty Insurance

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.