PGR

Progressive CorporationFinancials

$196.59-1.49%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$196.59

FEBMARAPR

Trade this Descending Triangle

A clean Descending Triangle often precedes a big move. Validate your entry.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2.3

Entry

$191.92

Stop

$201.64

Target

$169.62

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

A clear signal has emerged for Progressive Corporation (PGR) on the daily chart. Price has moved to $196.59 (-1.49%) amidst recent volatility. Price action has carved out a classic Descending Triangle. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $191.92, targeting $169.62 with support near $201.64 (R:R 2.3).

Community Sentiment

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