Trading Signals: PGR Stock Price Prediction and Forecast

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

Wed. Sep. 27, 2023

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

(Progressive Corporation)
PGR latest price $140.6200 (-0.09%) ($139.0300 - $140.7200) on Wed. Sep. 27, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.37% (three month average)
RSI   63
Latest Price   $140.6200(-0.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PGR declines -0.3% a day on average for past five trading days.
Weekly Trend   PGR advances 1.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support PGR advance at 0% a week (0% probability)
TLT(46%)    TIP(30%)    ACES(23%)    SPLV(29%)    XLU(27%)
Factors Impacting PGR price   PGR will decline at least -1.185% in a week (0% probabilities).
ICLN(21%)    IFRA(29%)    IDRV(33%)    IWD(18%)    IWN(-16%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.185% (StdDev 2.37%)
Hourly BBV -0.8 ()
Intraday Trend 0.2%

5 Day Moving Average   $141.89(-0.9%)
10 Day Moving Average   $141.39(-0.54%)
20 Day Moving Average   $138.84(1.28%)
To recent high   -1.8%
To recent low   22.5%
Market Cap   $82.319b

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 2.3% (three month std-dev: 2.37%) daily (68% of days).

Sample size 46 Average positive next day return: 0.96%(54%) Average negative next day return: -0.78%(46%) Sample size 46 Average positive next three day return: 1.91%(50%) Average negative next three day return: -2.27%(50%) Sample size 46 Average positive next weekly return: 2.91%(50%) Average negative next weekly return: -2.72%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231027

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	Sep_27_2023	131.33	138.84	141.39	141.89	141.77	140.95	140.62(-0.09%)	CR	SmallShort	-20	-0.4	-20	-40	-34	23	1.98	61%	0.04	79.6	2.37%	-0.8	0.6	63	-1.6
2	Sep_26_2023	131.28	138.44	141.27	142.3	142.47	142	140.75(-1.17%)	N/A	N/A	0	-0.4	-4	-20	-19	42	1.85	61%	0.05	80.7	2.37%	-1.4	0.7	70	-3
3	Sep_25_2023	131.21	138.01	141.09	142.65	142.79	142.6	142.42(-0.59%)	UD	OpenLong	65	-0.1	13	-10	-3	62	1.89	61%	0.1	78.3	2.37%	-0.5	1.2	79	-1.5
4	Sep_22_2023	131.08	137.51	140.6	142.28	142.65	142.94	143.26(0.6%)	UT	OpenLong	75	0.3	29	20	15	70	1.68	61%	0.14	74.3	2.37%	0.9	1.6	71	-1
5	Sep_21_2023	130.9	136.94	139.86	141.37	141.85	142.98	142.4(-0.2%)	UD	OpenLong	75	0.3	45	70	35	74	3.99	61%	0.14	65.4	2.37%	-0.4	1.5	74	-0.9

6	Sep_20_2023	130.72	136.34	139.35	140.81	140.36	142.36	142.69(0.15%)	UT	OpenLong	75	0.5	58	90	50	81	1.64	61%	0.11	54.2	2.37%	0.9	1.8	72	-0
7	Sep_19_2023	130.57	135.72	138.57	140.1	139.49	140.72	142.47(1.36%)	UT	OpenLong	75	0.7	68	50	62	85	1.88	61%	0.05	58.2	2.37%	1.6	1.9	75	0.9
8	Sep_18_2023	130.5	135.18	137.67	139.34	138.88	138.36	140.56(1.31%)	UT	OpenLong	75	0.4	23	-40	10	60	1.71	61%	0.03	67.2	2.39%	1	1.7	74	1
9	Sep_15_2023	130.46	134.83	137.15	138.68	138.58	138.25	138.74(-0.59%)	N/A	N/A	0	0	-3	-20	-20	47	4.51	57%	0.04	77.1	2.39%	-0.2	1.4	67	1
10	Sep_14_2023	130.41	134.62	136.64	138.08	138.57	139.4	139.57(0.29%)	UT	OpenLong	75	0.5	32	50	22	62	2.43	57%	0.05	91.6	2.41%	0.9	1.8	71	1.5

11	Sep_13_2023	130.35	134.41	136.07	137.65	137.87	138.91	139.17(0.38%)	UT	OpenLong	75	0.6	45	60	37	70	2.3	57%	0.03	114	2.43%	0.3	1.9	73	1.3
12	Sep_12_2023	130.31	133.73	135.38	136.78	137.21	137.74	138.65(1.01%)	UT	OpenLong	75	0.6	45	40	38	66	2.39	57%	0.03	86.1	2.43%	1.1	1.7	72	1
13	Sep_11_2023	130.27	133.1	134.66	135.76	136.16	136.82	137.26(1.1%)	UT	OpenLong	75	0.5	21	40	13	45	1.55	57%	0	69.9	2.43%	0.4	1.3	63	1.3
14	Sep_8_2023	130.27	132.63	134.18	135.4	135.56	136.68	135.76(-1.2%)	UD	OpenLong	75	0.1	37	60	33	48	1.62	57%	-0.02	68.6	2.42%	-0.3	1	54	1.3
15	Sep_7_2023	130.3	132.17	133.8	134.94	135.09	135.5	137.41(1.91%)	UT	OpenLong	75	0.7	36	20	35	40	2.19	57%	-0.02	58	2.42%	1.5	1.5	53	1.2

16	Sep_6_2023	130.32	131.62	133.08	134.27	134.38	134.43	134.84(0.99%)	UT	OpenLong	75	0.2	4	10	2	10	1.64	57%	-0.02	55.1	2.41%	0.4	1	44	1.4
17	Sep_5_2023	130.35	131.21	132.66	133.75	134.1	134.67	133.52(-1.45%)	UD	OpenLong	75	-0.1	19	40	18	20	2.29	57%	-0.08	48.9	2.41%	-0.9	0.7	68	1.7
18	Sep_1_2023	130.46	130.92	132.51	133.36	133.38	134.33	135.48(1.51%)	UT	OpenLong	75	0.6	30	50	29	32	1.36	57%	-0.02	47.6	2.38%	1.8	1.3	69	2.3
19	Aug_31_2023	130.49	130.47	132.31	132.78	132.67	133.53	133.47(-0.42%)	UD	OpenLong	75	0.2	32	40	30	37	2.88	57%	-0.11	47.7	2.38%	0.7	0.9	62	2.3
20	Aug_30_2023	130.64	130.23	132.44	132.47	132.32	132.43	134.03(1.35%)	UT	OpenLong	75	0.5	29	0	23	48	1.41	57%	-0.11	49.2	2.38%	1.7	1.1	66	2.2

21	Aug_29_2023	130.79	129.79	132.59	131.74	131.87	131.82	132.25(0.51%)	UT	HoldLong	50	0.2	11	0	-1	48	1.49	57%	-0.13	43.8	2.37%	0.1	0.7	63	1.7
22	Aug_28_2023	130.96	129.55	131.95	131.4	131.49	132.2	131.58(-0.75%)	UD	OpenLong	75	0.1	17	40	7	46	1.04	57%	0	46.1	2.39%	-1.1	0.6	62	1.5
23	Aug_25_2023	130.96	129.28	131.45	131.52	131.32	131.92	132.58(0.52%)	UT	OpenLong	75	0.3	28	30	20	50	1.45	57%	-0.11	47.5	2.39%	1	1	61	0.2
24	Aug_24_2023	131.11	128.9	131	131.79	131.53	130.79	131.9(1.16%)	UD	OpenLong	65	0	2	-50	-12	44	1.52	57%	-0.11	51.5	2.4%	1.4	0.9	62	-0.6
25	Aug_23_2023	131.26	128.57	130.46	132.45	132.27	130.72	130.39(-0.11%)	N/A	N/A	0	-0.6	-36	-90	-58	29	2.86	57%		60.5	2.4%	-0.5	0.5	54	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