PGR (PGR) Technical Analysis
Current Price: $199.31
Market analysis updated based on the close of May 1, 2026. A significant support floor has been established at 199.30. Bearish retracement patterns are dominating the short-term structure. While seeking a structural bottom, the next major stabilization level is projected at 199.37. Traders should monitor volume levels for confirmation of the next move.
Technical Indicators Summary
- Trend Bias: neutral (Score: 60/100) - Market is in a consolidation phase
- Moving Averages: downtrend (Score: 15/100) - Price is below all key moving averages
- Oscillators: bearish (Score: 30/100) - MACD shows bearish crossover
Key Support & Resistance Levels
- Support Levels: $199.30, $168.29, $184.66
- Resistance Levels: $199.37
Trading Tip: The current technical setup for PGR is neutral. Wait for a clear breakout from current range before entering positions.
