Progressive Corporation
Here’s whether Progressive Corporation (PGR) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Caution.
Positives: above the 50-day MA (medium-term momentum positive); RSI 55 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-0.80% over 10 days); weak 1-year return of -27.2%; rising volume on a downtrend (distribution, 1.28x avg). Currently 28.1% off its 52-week high. Score: -2/7.
PGR is trading below its 200-day MA ($216.51) — a key warning sign the longer-term trend is under pressure. An RSI of 55.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -27.2% compares to +24.4% for SPY (trailed the market by 51.6%). The current 28.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.