Progressive (the) Stock Forecast

Buy or Hold candidate since Jun 18, 2026 Gain 5.28%

The Progressive Corporation (The) stock price gained 4.01% on the last trading day (Tuesday, 23rd Jun 2026), rising from $207.38 to $215.69. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.97% from a day low at $210.19 to a day high of $216.43. The price has risen in 7 of the last 10 days and is up by 7.7% over the past 2 weeks. Volume fell on the last day by -227 thousand shares and in total, 4 million shares were bought and sold for approximately $760.09 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current horizontal trend, you can expect Progressive Corporation (The) stock with a 90% probability to be traded between $193.22 and $218.16 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

PGR Signals & Forecast

The Progressive Corporation (The) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $206.23 and $199.79. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 29, 2026, and so far it has risen 13.28%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Progressive Corporation (The) stock

On the downside, the stock finds support just below today's level from accumulated volume at $204.87 and $199.51. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Progressive Corporation (The) finds support just below today's level at $204.87. If this is broken, then the next support from accumulated volume will be at $199.51 and $190.40.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $6.24 (2.97%) between high and low. For the last week, the stock has had daily average volatility of 2.66%.

Our recommended stop-loss: $207.20 (-3.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (PGR) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Progressive Corporation (The) to open at $214.10, and during the day (based on 14 day Average True Range), to move between $213.09 and $218.29, which gives a possible trading interval of +/-$5.20 (+/-2.44%) up or down from last closing price. If Progressive Corporation (The) takes out the full calculated possible swing range there will be an estimated 2.44% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $204.87, some $10.82 (5.02%) from the current price of $215.69, our system finds the risk reward attractive.

Dividend Warning For PGR

Dividend coming up for PGR: Ex-dividend date (Thursday 2nd July, 2026) is 8 days away. The dividend is $0.100.

Is Progressive Corporation (The) stock A Buy?

Progressive Corporation (The) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $214.10 ( 0.736%).

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