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Sep 21, 2023

$PGR, $CB, $TRV, $CINF, $MKL, and Others Surge 5-13% in a Month, Outperforming the Market.

The Property and Casualty insurance industry has outperformed the market significantly in the last month, with company stocks growing by 5-13%. Meanwhile, the overall market remains in negative territory. You can receive signals for these company stocks by subscribing to our robots: Swing-Trader-Long-Only-3-1K-per-position-MACD-RSI-Strategy-for-Financial-Stocks-TA.

Property and casualty companies provide insurance coverage for non-physical harm, including scenarios like lawsuits, damage to personal assets, and car accidents. Some of the largest providers in this industry are Progressive Corporation, Travelers Companies, Inc., and Allstate Corporation.

Market Cap: The average market capitalization for companies in the Property/Casualty Insurance Industry is 12.8 billion dollars. Market capitalization for these companies ranges from 93.9 thousand dollars to 87.8 billion dollars. CB holds the highest valuation in this group at 87.8 billion dollars, while UNAM is the lowest valued company at 93.9 thousand dollars.

High and Low Price Notable News: On average, the weekly price growth for stocks in the Property/Casualty Insurance Industry was 1.44%. Monthly price growth averaged at 2.16%, and quarterly growth at 10.55%. CNFR experienced the highest price growth at 18.58%, while DOMA had the largest decline at -23.56%.

  • On July 22, 2023, Chubb (CB, $199.81) recorded a significant weekly gain with a +6.1% increase.
  • Progressive (PGR, $124.39) also had a notable weekly gain of +6.51% on July 22, 2023.
  • Progressive (PGR, $116.79) experienced a significant weekly decline of -11.02% on July 15, 2023.

Volume: Weekly volume growth across all stocks in the Property/Casualty Insurance Industry averaged at 11.91%. Monthly volume growth averaged 8.47%, while quarterly volume growth was at -8.05%.

  • On September 16, 2023, Loews saw a substantial increase in volume for one day, resulting in a record-breaking daily growth of 257% of the 65-Day Volume Moving Average.
  • Similarly, on August 1, 2023, Cincinnati Financial had a one-day increase in volume, resulting in a record-breaking daily growth of 211% of the 65-Day Volume Moving Average.

Fundamental Analysis Ratings: The average fundamental analysis ratings, where 1 is the best and 100 is the worst, are as follows:

  • Valuation Rating: 48
  • P/E Growth Rating: 58
  • Price Growth Rating: 49
  • SMR Rating: 90
  • Profit Risk Rating: 71
  • Seasonality Score: -23 (-100 ... +100)
  • PGR: Momentum Indicator turned positive on September 01, 2023, with a 67% chance of an upward trend. Current price: $142.69, experiencing a 5% uptrend in the last month.

  • CB: MACD Histogram turned positive on September 07, 2023, with a 55% chance of continued upward trend. Current price: $213.67, trading between $205.88 support and $218.31 resistance lines. Experienced an 8% uptrend in the last month.

  • TRV: RSI Indicator moved out of oversold territory on August 24, 2023, with a 57% chance of an upward move. Current price: $168.98, trading between $188.23 resistance and $141.71 support lines. Experienced a 3% uptrend in the last month.

  • CINF: MACD Histogram turned positive on September 12, 2023, with a 67% chance of a continued upward trend. Current price: $109.52, trading between $112.06 resistance and $104.77 support lines. Experienced a 4% uptrend in the last month.

  • MKL: MACD Histogram turned positive on September 13, 2023, with a 65% chance of a continued upward trend. Current price: $1544.99, trading between $1575.54 support and $1489.53 resistance lines. Experienced a 3% uptrend in the last month.

  • EG: MACD Histogram turned positive on August 29, 2023, with a 70% chance of a continued upward trend. Current price: $392.17, trading between $477.61 resistance and $376.81 resistance lines. Experienced a 12% uptrend in the last month.

  • L: Momentum Indicator turned positive on August 31, 2023, with a 62% chance of an upward move. Current price: $64.98, trading between $74.50 resistance and $58.48 support lines. Experienced a 6% uptrend in the last month.

Related Ticker: PGR, CB, TRV, CINF, MKL, EG, L

Contributor

Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.


PGR's RSI Indicator recovers from oversold territory

The RSI Indicator for PGR moved out of oversold territory on September 25, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 15 similar instances when the indicator left oversold territory. In 11 of the 15 cases the stock moved higher. This puts the odds of a move higher at 73%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 05, 2026. You may want to consider a long position or call options on PGR as a result. In 56 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 59%.

The Moving Average Convergence Divergence (MACD) for PGR just turned positive on October 05, 2026. Looking at past instances where PGR's MACD turned positive, the stock continued to rise in 31 of 48 cases over the following month. The odds of a continued upward trend are 65%.

PGR moved above its 50-day moving average on October 16, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PGR crossed bullishly above the 50-day moving average on October 13, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 61%.

Following a +2.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where PGR advanced for three days, in 193 of 342 cases, the price rose further within the following month. The odds of a continued upward trend are 56%.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 40 of 72 cases where PGR's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 56%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PGR declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 50%.

PGR broke above its upper Bollinger Band on October 08, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PGR entered a downward trend on October 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is 28 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 53, placing this stock better than average.

The Tickeron Price Growth Rating for this company is 42 (best 1 - 100 worst), indicating steady price growth. PGR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of 59 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: PGR's P/B Ratio (3.541) is slightly higher than the industry average of (1.992). P/E Ratio (10.510) is within average values for comparable stocks, (14.718). PGR's Projected Growth (PEG Ratio) (64.235) is very high in comparison to the industry average of (3.303). PGR's Dividend Yield (0.066) is considerably higher than the industry average of (0.019). P/S Ratio (1.400) is also within normal values, averaging (1.594).

The Tickeron PE Growth Rating for this company is 69 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is 91 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

Industry description

Property and casualty companies insure against accidents of non-physical harm, such as lawsuits, damage to personal assets, car crashes and more. Progressive Corporation, Travelers Companies, Inc. and Allstate Corporation are some of the biggest providers of such products.

Market Cap

The average market capitalization across the Property/Casualty Insurance Industry is 12.9B. The market cap for tickers in the group ranges from 0 to 127.84B. CB holds the highest valuation in this group at 127.84B. The lowest valued company is FXFLF at 0.

High and low price notable news

The average weekly price growth across all stocks in the Property/Casualty Insurance Industry was 4%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was 15%. ACIC experienced the highest price growth at 13%, while PRHI experienced the biggest fall at -9%.

Volume

The average weekly volume growth across all stocks in the Property/Casualty Insurance Industry was 64%. For the same stocks of the Industry, the average monthly volume growth was 11% and the average quarterly volume growth was -14%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 63
Price Growth Rating: 47
SMR Rating: 69
Profit Risk Rating: 52
Seasonality Score: 42 (-100 ... +100)
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General Information

a provider of automobile and casualty insurance services

Industry PropertyCasualtyInsurance

Industry
Property Or Casualty Insurance
Address
300 North Commons Boulevard
Phone
+1 440 461-5000
Employees
70053
Web
https://www.progressive.com
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$PGR, $CB, $TRV, $CINF, $MKL, and Others Surge 5-13% in a Month, Outperforming the Market.