Progressive(PGR)

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

Auto-detected technical analysis for PGR · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$204.54last close · Jul 22, 202652-week range $189.20 – $254.93 · 19.77% below the high

PGR Falling Wedge Pattern

PGR is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 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 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; 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 8.7% move (-1.74R) over 57 sessions. Across 110 backtested falling wedges, this setup wins 50.0% of the time.

OutcomeLossResult-8.7%R-1.74REntry$198.45Exit$215.69

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
PGR win rate
42.9%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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+6.7% · -1.74R
TriangleMar 11, 2026 @ $201.19Jun 23, 2026 @ $215.69Loss+8.4% · -2.02R
Falling WedgeFeb 6, 2026 @ $209.23Apr 1, 2026 @ $193.36Loss+9.7% · -1.40R
Falling WedgeOct 13, 2025 @ $237.07Oct 15, 2025 @ $218.38Win+8.2% · +1.68R
Falling WedgeAug 6, 2025 @ $244.78Sep 23, 2025 @ $238.61Loss+5.7% · -1.09R
Falling WedgeJul 8, 2025 @ $251.90Oct 15, 2025 @ $230.07Win+8.7% · +1.36R
TriangleJun 6, 2025 @ $279.67Jul 15, 2025 @ $243.24Win+15.1% · +3.54R
TriangleMay 21, 2025 @ $283.35Jul 10, 2025 @ $247.31Win+14.9% · +6.27R
Falling WedgeJan 27, 2025 @ $243.49Mar 10, 2025 @ $278.69Win+9.3% · +4.70R
Falling WedgeOct 25, 2024 @ $244.24Nov 8, 2024 @ $261.52Loss+5.8% · -1.13R
Rising WedgeSep 24, 2024 @ $256.92Oct 30, 2024 @ $241.43Win+7.2% · +4.47R
TriangleJul 11, 2024 @ $211.12Jul 16, 2024 @ $210.00Loss+5.9% · -0.18R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

PGR Support and Resistance Levels

Price was turned away at a ceiling near $229.49 about 4 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $202.20 — still about 1.1% away.

  • Traders commonly watch $202.20 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $229.49 ceiling about 4 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

PGR Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$205.49$206.90$203.80$204.54
Jul 21, 2026$209.80$211.33$205.37$205.90
Jul 20, 2026$207.00$212.26$205.56$212.23
Jul 17, 2026$208.99$211.99$206.94$207.95
Jul 16, 2026$205.50$209.19$203.08$205.80
Jul 15, 2026$208.02$211.94$203.58$205.22
Jul 14, 2026$229.50$231.59$225.77$226.58
Jul 13, 2026$232.28$235.00$230.93$234.48
Jul 10, 2026$230.49$231.00$228.47$230.72
Jul 9, 2026$231.68$232.21$228.83$229.52

PGR Frequently Asked Questions

What chart pattern is PGR forming right now?
As of Jul 22, 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
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 Jul 22, 2026?
Progressive (PGR) last closed at $204.54 on Jul 22, 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.