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Stock Charts AI Power Rank: 7.8
Power Rank trend -> Falling
07/26/2024 16:15:00 EST
Progressive Corp (PGR)
Industry: Insurance - Property & Casualty
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, PGR has been trading in a range between $224.53 and $207.61 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PGR is trading below resistance at $224.53, about 4% to the upside. There is support at $209.99 -3% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Progressive Corp $PGR entered a Green zone 19 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $155.87, a potential down side of -27.73% from the recent price of 215.68. The stock is trading 6.18% (potential upside) below its 52 week high of $229.00 and 75.02 % (potential downside) above its 52 week low of $123.23 - based on the recent price.
Company Summary
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV).
News
| Best Growth Stocks to Buy for July 26th PDD, VRT and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 26, 2024. Source: Zacks Investment Research Fri, 26 Jul 2024 07:35:30 -0400 Sentiment: Positive |
| The Progressive Corporation (PGR) is Attracting Investor Attention: Here is What You Should Know Zacks.com users have recently been watching Progressive (PGR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. Source: Zacks Investment Research Thu, 25 Jul 2024 10:06:12 -0400 Sentiment: Positive |
| Best Growth Stocks to Buy for July 25th SIMO, DESP and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 25, 2024. Source: Zacks Investment Research Thu, 25 Jul 2024 07:16:07 -0400 Sentiment: Positive |
| Why Progressive (PGR) is a Top Value Stock for the Long-Term Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. Source: Zacks Investment Research Tue, 23 Jul 2024 10:40:49 -0400 Sentiment: Positive |
| Why Progressive (PGR) is a Top Momentum Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Source: Zacks Investment Research Mon, 22 Jul 2024 10:57:21 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 229 52 Week Low: 123.2336 Beta: 0.356 50 Day MA: 210.3422 200 Day MA: 187.5511 Earnings / Revenue Trends Qtr Earnings Growth YOY: 3.351 Qtr Revenue Growth YOY: 0.181 Forward PE: 20.2429 Trailing PE: 18.4658