Progressive (PGR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PGR · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$210.75last close · Aug 4, 202652-week range $189.20 – $254.93 · 17.33% below the high

PGR Falling Wedge Pattern

PGR is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge usually breaks higher, but PGR is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $186.00 (−6.7%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; PGR's own falling wedges have hit 42.9%.

DirectionBearishTarget$186.00Projected move−6.7%Breakout level$199.41

New to this pattern? What a falling wedge is and how to trade it →

PGR's Most Recent Falling Wedge Trade

PGR's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Mar 31, 2026 near $198.45, then was stopped out at $215.69 on Jun 23, 2026 — a -1.74R move (8.7%) over 57 sessions. Across 159 backtested falling wedges, this setup wins 54.7% of the time.

OutcomeLossResult-1.74REntry$198.45Exit$215.69

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
PGR win rate
42.9%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

PGR Pattern Trade History

Every completed pattern trade our nightly backtest found on PGR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMar 31, 2026 @ $198.45Jun 23, 2026 @ $215.69Loss-1.74R
TriangleMar 11, 2026 @ $201.19Jun 23, 2026 @ $215.69Loss-1.05R
TriangleFeb 26, 2026 @ $207.94Mar 27, 2026 @ $198.84Loss-1.21R
Falling WedgeFeb 11, 2026 @ $206.75Apr 1, 2026 @ $193.36Loss-1.52R
Falling WedgeOct 13, 2025 @ $237.07Oct 15, 2025 @ $218.38Win+1.68R
Falling WedgeAug 6, 2025 @ $244.78Sep 23, 2025 @ $238.61Loss-1.09R
Falling WedgeJul 8, 2025 @ $251.17Oct 15, 2025 @ $229.93Win+1.27R
TriangleJun 6, 2025 @ $279.67Jul 15, 2025 @ $243.24Win+3.54R
TriangleMay 21, 2025 @ $283.35Jul 10, 2025 @ $247.31Win+6.27R
Falling WedgeJan 27, 2025 @ $243.49Mar 10, 2025 @ $278.69Win+4.70R
Rising WedgeDec 4, 2024 @ $262.00Dec 9, 2024 @ $246.24Win+1.83R
Falling WedgeOct 25, 2024 @ $244.24Nov 8, 2024 @ $261.52Loss-1.13R

PGR Support and Resistance Levels

Price is bouncing off a floor near $206.49 and starting to climb. On the weekly chart, the next ceiling overhead sits near $270.78 — about 28% away.

  • Traders commonly watch $270.78 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $206.49 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $206.54, resistance near $232.10. These are chart/swing-derived levels, not formula pivots.

Resistance
$232.10$268.99
Support
$206.54$200.33$194.08$193.70$191.27$188.82$180.77

PGR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$207.27$211.00$205.90$210.75
Aug 3, 2026$212.03$214.28$209.56$210.46
Jul 31, 2026$210.50$213.82$210.29$211.42
Jul 30, 2026$217.94$217.94$211.03$213.28
Jul 29, 2026$218.65$223.10$217.67$219.99
Jul 28, 2026$218.07$222.66$215.73$219.52
Jul 27, 2026$212.71$216.68$212.15$215.76
Jul 24, 2026$210.62$214.78$209.02$213.83
Jul 23, 2026$205.17$207.27$203.11$207.07
Jul 22, 2026$205.49$206.90$203.80$204.54

PGR Frequently Asked Questions

What chart pattern is PGR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Progressive (PGR) on the daily chart, with a measured-move target of $186.00.
Is a falling wedge bullish or bearish?
The falling wedge detected on PGR is a bearish pattern, projecting a measured-move target of $186.00. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for PGR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PGR's nearest support is around $206.54 and nearest resistance around $232.10.
What is the price target if PGR's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $186.00 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PGR's closing price on Aug 4, 2026?
Progressive (PGR) last closed at $210.75 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.