Trading Signals: PGR Stock Price Prediction and Forecast

^ PGR: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. May. 10, 2022

Trading Signals: PGR Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Wed. Sep. 27, 2023)

(Progressive Corporation)
PGR latest price $108.2700 (-0.44%) ($107.5150 - $110.9400) on Tue. May. 10, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.79% (three month average)
RSI   43
Latest Price   $108.2700(-0.44%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PGR declines -0.7% a day on average for past five trading days.
Weekly Trend   PGR advances 0.2% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support PGR advance at 0% a week (0% probability)
SPLV(46%)    DIA(44%)    SDY(44%)    IWD(43%)    PAVE(41%)
Factors Impacting PGR price   PGR will decline at least -0.895% in a week (0% probabilities).
VIXM(-15%)    SHY(-15%)    UUP(-13%)    TBT(-4%)    VXX(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.895% (StdDev 1.79%)
Hourly BBV -1.7 ()
Intraday Trend -1.7%

Resistance Level   $110.82
5 Day Moving Average   $110.95(-2.42%)
10 Day Moving Average   $110.22(-1.77%)
20 Day Moving Average   $110.82(-2.3%)
To recent high   -9.4%
To recent low   5.2%
Market Cap   $63.381b

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.

$. PGR price fluctuates within 2.25% (three month std-dev: 1.79%) daily (68% of days).

Sample size 46 Average positive next day return: 1.05%(48%) Average negative next day return: -1.22%(52%) Sample size 46 Average positive next three day return: 1.97%(48%) Average negative next three day return: -1.98%(52%) Sample size 46 Average positive next weekly return: 2.75%(48%) Average negative next weekly return: -3.3%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220610

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_10_2022	108.87	110.82	110.22	110.95	110.66	109.15	108.27(-0.44%)	DT	OpenShort	-75	-1.1	-40	-100	-49	-14	3.43	51%	0.06	-60	1.79%	-1.7	-1	43	2.4
2	May_9_2022	108.8	111.3	110.28	111.74	111.86	109.88	108.75(-0.65%)	DT	OpenShort	-75	-1	-63	-120	-77	-19	2.73	51%	0.07	-38.3	1.81%	-0.7	-0.9	47	2
3	May_6_2022	108.72	111.77	110.48	112.05	112.5	112.17	109.46(-2.62%)	N/A	N/A	0	-0.8	-26	-10	-36	6	3.65	51%	0.06	-27.7	1.78%	-1.6	-0.7	51	1.4
4	May_5_2022	108.65	112.24	110.39	111.63	112.09	113.85	112.41(-2.96%)	UD	OpenLong	75	0.2	48	120	55	25	2.2	53%	0.1	-21.6	1.76%	-1.2	0	50	1.7
5	May_4_2022	108.54	112.44	110.4	111.24	110.8	112.83	115.84(3.22%)	UT	OpenLong	75	1.2	95	120	114	39	2.95	56%	0.18	-24.2	1.73%	1.7	0.9	51	1

6	May_3_2022	108.35	112.34	110.03	109.46	109.48	110.34	112.23(1.72%)	RB	SmallLong	20	0.8	49	60	71	-17	3.02	54%	0.15	-40.5	1.69%	1.5	-0	44	-0.9
7	May_2_2022	108.19	112.42	109.89	108.69	108.57	108.78	110.33(2.77%)	DP	OpenShort	-65	0.4	-18	10	3	-80	4.23	52%	0.15	-50	1.67%	1.4	-0.6	37	-0.1
8	Apr_29_2022	108.03	112.67	109.81	108.74	108.63	108.63	107.36(-2.77%)	DT	HoldShort	-50	-0.4	-25	-0	3	-109	2.77	50%	0.11	-51.8	1.62%	-0.6	-1.4	31	0.2
9	Apr_28_2022	107.91	113.02	110.3	108.94	108.8	108.36	110.42(3.24%)	DP	OpenShort	-75	0.4	-53	-30	-23	-141	2.7	52%	0.15	-54.2	1.59%	1.5	-0.8	32	0.8
10	Apr_27_2022	107.75	113.36	110.61	109.46	109.23	108.64	106.95(-1.35%)	DT	OpenShort	-75	-0.7	-88	-40	-63	-163	3.34	49%	0.1	-46	1.54%	-1.6	-1.8	32	0.4

11	Apr_26_2022	107.64	113.84	111.45	110.67	110.73	109.25	108.41(-1.94%)	DT	OpenShort	-75	-0.7	-63	-90	-40	-131	2.5	48%	0.11	-36.7	1.53%	-0.2	-1.7	41	1.4
12	Apr_25_2022	107.52	114.28	112.42	111.22	111.47	109.82	110.56(2.05%)	DP	OpenShort	-75	-0.2	-93	-100	-82	-127	2.66	50%	0.15	-27.9	1.53%	-0.2	-1.2	45	1.9
13	Apr_22_2022	107.36	114.6	113.18	111.04	111.75	112.21	108.34(-4.14%)	DT	OpenShort	-75	-0.9	-52	50	-35	-104	2.26	49%	0.11	-22.2	1.51%	-1.4	-2.2	38	1.1
14	Apr_21_2022	107.24	114.93	114.3	111.79	111.56	113.12	113.02(-0.02%)	N/A	N/A	0	0.5	45	90	71	-35	2.82	54%	0.2	-9.6	1.42%	0.5	-0.8	49	1.3
15	Apr_20_2022	107.03	114.99	114.68	111.97	111.15	111.29	113.04(1.7%)	N/A	N/A	0	0.4	9	-10	28	-50	2.15	54%	0.19	6.5	1.43%	1.8	-0.8	42	0.7

16	Apr_19_2022	106.83	115.03	114.82	112.42	111.69	109.99	111.15(1.38%)	DP	OpenShort	-75	-0.5	-89	-130	-87	-96	2.64	50%	0.16	22.9	1.41%	0.5	-1.6	41	0.8
17	Apr_18_2022	106.66	115.12	115.17	113.88	113.23	111.01	109.64(-2.2%)	DT	OpenShort	-75	-1.8	-138	-150	-150	-101	2.22	50%	0.15	53.6	1.43%	-1.3	-2.3	36	1
18	Apr_14_2022	106.5	115.25	115.8	115.65	115.4	113.38	112.11(-1.58%)	DT	OpenShort	-75	-1.4	-112	-130	-128	-62	3.92	52%	0.16	83.3	1.4%	-1.1	-1.3	40	1.5
19	Apr_13_2022	106.33	115.17	116.05	117.14	117.09	115.45	113.91(-1.21%)	DT	OpenShort	-75	-1.1	-79	-100	-98	-20	2.21	54%	0.19	89.8	1.38%	-1.2	-0.4	52	1.5
20	Apr_12_2022	106.13	114.83	116.39	117.73	117.99	117.42	115.3(-2.64%)	CR	SmallShort	-20	-0.7	-23	-30	-40	27	2.42	54%	0.23	88.7	1.38%	-2.5	0.1	55	1

21	Apr_11_2022	105.89	114.47	116.49	117.51	117.77	118.74	118.43(-0.07%)	UD	OpenLong	75	0.2	46	60	39	67	2.85	58%	0.27	82.1	1.34%	0.2	1	65	0.1
22	Apr_8_2022	105.6	113.85	116.31	116.65	116.8	118.56	118.51(-0.85%)	UD	OpenLong	75	0.5	97	110	99	90	3.21	58%	0.28	71.1	1.33%	0.5	1.1	68	0.7
23	Apr_7_2022	105.31	113.22	116.09	115.98	115.73	116.8	119.53(2.28%)	UT	OpenLong	75	0.8	99	60	100	96	5.09	62%	0.28	62.1	1.34%	2.1	1.5	74	1.3
24	Apr_6_2022	105.02	112.48	115.53	114.88	114.84	115.04	116.87(2.31%)	UT	OpenLong	75	0.5	22	10	12	52	2.85	62%	0.23	54.1	1.39%	1.5	1	73	1.1
25	Apr_5_2022	104.78	111.86	115.24	114.94	114.87	114.66	114.23(0.11%)	UD	OpenLong	65	-0.2	6	-10	-16	70	1.95	60%		52.3	1.39%	-1.4	0.5	76	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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