Trading Signals: PGR Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Wed. Sep. 27, 2023)(Progressive Corporation)
| PGR latest price $22.9969 (0.61%) ($22.7036 - $23.0144) on Tue. Oct. 28, 2014. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 0.81% (three month average) | | RSI | 55 | | Latest Price | $22.9969(0.61%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | PGR advances 0.6% a day on average for past five trading days. | | Weekly Trend | PGR advances 1.6% a week on average for past two weeks. | | Market Behavior | Normal for large cap. Normal for small cap. | | Correlated ETFs | Broad market will support PGR advance at 0% a week (0% probability)
SPY(54%) XLF(51%) XLP(50%) XLV(50%) VT(49%) | | Factors Impacting PGR price | PGR will decline at least -0.405% in a week (0% probabilities).
VIXM(-22%) TLT(-13%) IGOV(-8%) UUP(-4%) GLD(-2%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -0.405% (StdDev 0.81%) | | Hourly BBV | 0 () | | Intraday Trend | 0.4% | | | | | |
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| 5 Day Moving Average | $22.59(1.8%) | | 10 Day Moving Average | $22.19(3.64%) | | 20 Day Moving Average | $22.14(3.87%) | | To recent high | 0% | | To recent low | 12.6% | | Market Cap | $13.462b | | | | | | |
Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines, Property, and Other Indemnity. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The Other Indemnity segment manages run-off businesses. The company was founded in 1965 and is headquartered in Mayfield Village, OH. |