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Market Impact: 0.18

PGR Makes Notable Cross Below Critical Moving Average

PGR
Market Technicals & Flows

Progressive (PGR) broke below its 200-day moving average of $212.97, with shares trading down about 9.6% on the day and hitting a low of $204.04. The move suggests near-term technical weakness and bearish momentum, without any stated fundamental catalyst in the excerpt.

Analysis

Progressive (PGR) broke below its 200-day moving average of $212.97, with shares trading down about 9.6% on the day and hitting a low of $204.04. The move suggests near-term technical weakness and bearish momentum, without any stated fundamental catalyst in the excerpt.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

Ticker Sentiment

PGR-0.45