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Shares of PGR Up 17.1% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Progressive Corp (NYSE:PGR) on January 16th, 2019 at $62.25. In approximately 2 months, Progressive Corp has returned 17.05% as of today's recent price of $72.86.

Over the past year, Progressive Corp has traded in a range of $56.71 to $73.78 and is now at $72.86, 28% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.0%.

The Progressive Corporation is an insurance holding company. The Company, through its subsidiaries, provide personal and commercial automobile insurance and other specialty property-casualty insurance and related services throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Progressive Corp shares.

Log in and add Progressive Corp (PGR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights progressive corp

Ticker(s): PGR