Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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PGR · Progressive Corporation (The)

$229.25 +0.52% Oct 26 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

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$PGR

Progressive Corporation (The)

Progressive Corporation (The) is a large-cap Multi-Line Insurance company in the Finance sector with a market cap of $133B.

Finance Multi-Line Insurance stock Stage 2 · Advancing Base 1
$229.25 latest close
Market Structure
Trend structure: range
Latest event: structure_shift (bullish)
Support 199.90–201.02 · 6 touches · strong
Support 197.92–198.83 · 4 touches · moderate
Support 208.10–209.08 · 4 touches · moderate
Support 214.96–215.99 · 4 touches · moderate
Inside 228.71–230.54 · 3 touches · moderate
Verdict · setup score 0/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Recent price action · daily
$220AugSepOct$229

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.8 RS rank ≥ 70 (prefer ≥ 85) — RS rank 57
  • Minervini 2. Quarterly EPS growth ≥ 25% — -2.2% QoQ
  • O'Neil C: Quarterly EPS acceleration ≥ 25% — -2.2% QoQ
  • O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 57
  • Weinstein Volume expansion above average — Volume ratio 0.80x
  • Weinstein Relative strength ≥ 60 — RS 57
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 7/10 pass; wait for the soft misses to improve.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.
57 Neutral
Legend Score · rates the stock Neutral (57/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 57
  • Trend Template (25%) 62
  • Institutional Footprint (20%) 78
  • EPS Growth (15%) 30
  • Quality (SMR-like) (15%) 45

RS rank 57: middle of the pack — no leadership yet. Trend template 5/8: mixed — some uptrend elements, some missing. Institutional score 78: mild accumulation. EPS -0% last quarter — no earnings momentum. Quality 45: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Monday, November 2, 2026 Before market open Exact clock time not supplied by source

Deterministic evidence

PGR+0.52%
Sector proxy · XLF+0.21%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. PGR was +0.31 points vs XLF. -0.19 points vs SPY.
CatalystPending Stock reactionPositive Sector reactionWeak Opening surgePending Event riskEarnings-driven

Session internals Strong momentum

Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.

Vs prior close+0.52% From the open+0.25% Range position80% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $229.25 +0.5% Oct 26 close
52W High $239.38 4.2% below high
Wks Since High 43w 15w today
Base Depth 19.4% 16.0% today
RS Rank 19 percentile of scan
SMA 50 $216.41
Avg Vol 2,667,567
Rel Vol (Oct 26) 0.80× 2.82× on up days
More stats
52W Low $189.20
Tight Wks 0
Base B1
SMA 200 $208.92
RS Line vs High -13.7%
RS Line Slope +8.7% ▲
Group Rank #52/66
ADR% 2.2%
ATR(14) $5.91 (2.6%)
Vol Pace (live) N/A
A/D Days 13A / 9D
A/D Rating A
VDU Bars 0/10 d
Power Trend 6d
Earnings in 6d
Position in 52-week range 80thpercentile of the 52-week range
$189.20low
$239.38high

PGR Chart

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Technical Analysis Report Card

$PGR · $229.25 · as of 2026-10-26 · multi-factor read
89
/ 100
Technicals 89/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▬ Sideways / consolidating
Monthly ▲ Uptrend

Moving Averages

50-day$216.41 ↑
100-day$215.06 ↑
200-day$208.92 ↑
Bullish (50 > 200)

RSI (14)

Reading64.9 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+1.559

Bullish — MACD above its signal line and above zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width94% · 12.0%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol2.82 · Accumulation
Rel volume0.8×
Pocket pivots · 10d1
5d vs 50d vol79%
Heavy vol up / down0 / 1

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is expanding versus its baseline.

  • Pocket pivot 9 sessions ago — up-day volume beat every down day of the prior 10 sessions.
  • 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $239.3852-week high
Price · $229.25now
S · $215.98swing level
S · $212.63swing level
S · $205.90swing level

Fibonacci · Uptrend swing

23.6% ◄ price here$227.54
38.2%$220.21
50.0%$214.29
61.8%$208.37
78.6%$199.94

Retracement support zones measured from the recent swing low up to the high.

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Daily uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume accumulation
Want this read in a legend's voice? Ask a Legend about PGR
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (0/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch C Trend-template read: 7/10 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $229.25, MA150 $209.76, MA200 $208.92
1.2 150-day MA > 200-day MAMA150 $209.76 vs MA200 $208.92
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 57
2. Quarterly EPS growth ≥ 25%-2.2% QoQ
7/10 checks
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
A: Annual earnings & revenue qualityRev +16.3% | ROE 35.4%
N: Near 52-week high or RS line new high4.2% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-2.2% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 57
3/8 checks
Weinstein Watch D Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.

mediumStage 2 uptrend in progress — hold as long as price stays above the 30-week moving average.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $229.25 vs MA200 $208.92
Failing evidence
Volume expansion above averageVolume ratio 0.80x
Relative strength ≥ 60RS 57
3/6 checks
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $201.02
Volatility-unit sizing (1N ≈ 1% of equity)1N = $5.15 (2.25% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
zanger Avoid D Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $263.64-$275.10; trail the rest
Trail on the 10/20-day MA10-day MA $221.79 · 20-day MA $217.61 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlywatchlist_candidate is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
3/6 checks
zweig Watch D Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 11.9x — no PEG or forward P/E stored
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (1995 adv / 1699 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)-2.2% QoQ — Zweig wants growth above the S&P average
Insider buyingNo insider buying flagged
3/8 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$229.25
Distance from 52-week high4.2% below high
Failing evidence
Relative strengthRS 57
Volume vs average0.80x
3/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$229.25
Distance from 52-week high4.2% below high
Failing evidence
Relative strengthRS 57
Volume vs average0.80x
3/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$229.25
Distance from 52-week high4.2% below high
Failing evidence
Relative strengthRS 57
Volume vs average0.80x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Hammer — Long lower shadow with a small body near the high — buyers rejected lower prices. Bullish when it appears at support or after a pullback.

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
95RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +5 A
A: 17 D: 12 Net: +565 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C 3/7 criteria
Separate score from the Minervini Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ -2%
✗ Revenue growth ≥20% YoY +16%
✗ Gross margin ≥30% —
✓ ROE ≥17% 35%
✗ RS rating ≥80 (leadership) 57
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -4.2%

Method Playbook

Trade it like Livermore EXACT LEVELS · PRO
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Cup & Handle bullish early
60% built

Cup base building — 74% of the 16%-deep cup recovered. Watch for the right side to reach ~239.38, then a handle.

Pivot Watch 4.23% away
Tightness / volume Tightening · No VDU
Recent-pace band 3–8 sessions
Confirms above 239.38
Invalidates at 220.17
Rim 239.38
Cup Low 200.96
Pivot 239.38
Mid Cup 220.17

Cup depth 16%, recovery 74%, handle=not yet

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis

0 setup score
RS Score 57
Trend template 5/8
Why This Setup?
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • A relative-strength leader — not met RS rank 19 — laggard
  • Clear of earnings — not met in 6 days — event risk
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 0.8× average — light
  • In a confirmed uptrend — met Stage 2 · Trend template 5/8
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $229.25 vs SMA150 $209.76 / SMA200 $208.92
SMA 150 above SMA 200 SMA150 $209.76 vs SMA200 $208.92
SMA 200 trending up Slope -0.68 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $216.41
Price above SMA 50 $229.25 vs SMA50 $216.41
30%+ above 52-week low +21.2% from $189.20
Within 25% of 52-week high -4.2% from $239.38
RS score above 70 RS 57

Fundamentals

52W Range
80%
Mkt Cap SEC
133.3B
EPS QoQ
-2%
Rev YoY
+16%
ROE
35%
D/E
0.23
EPS TTM
$19.23
P/E TTM
11.9x
Float
581M
Insider
No Buy

Company

Company profile
Progressive Corporation (The)
PGR · NYSE · Finance · Multi-Line Insurance

Scan History

20× streak
Oct 23: 55 (Record Volume)Oct 26: 0 (watchlist_candidate)Oct 27: 0 (watchlist_candidate)0
Oct 27
watchlist_candidate
0
Oct 26
watchlist_candidate
0 0.0%
Oct 23
Record Volume
55 +0.5%

Latest News

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