MENU
Go to the list of all blogs
Vitalii Liubimov's Avatar
published in Blogs
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

PGR's Stochastic Oscillator is remaining in oversold zone for 3 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PGR advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 375 cases where PGR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PGR moved out of overbought territory on March 18, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 50 similar instances where the indicator moved out of overbought territory. In of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on March 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PGR as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PGR turned negative on March 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 of 62 cases within the following month. The odds of a continued downward trend are .

PGR broke above its upper Bollinger Band on March 17, 2025. 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 Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 46, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding 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 (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 (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (6.215) is very high in comparison to the industry average of (2.131). P/E Ratio (31.907) is within average values for comparable stocks, (31.605). Projected Growth (PEG Ratio) (0.300) is also within normal values, averaging (1.023). Dividend Yield (0.005) settles around the average of (0.042) among similar stocks. P/S Ratio (1.987) is also within normal values, averaging (1.436).

The Tickeron PE Growth Rating for this company is (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 (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 14.73B. The market cap for tickers in the group ranges from 93.9K to 121.13B. PGR holds the highest valuation in this group at 121.13B. The lowest valued company is UNAM at 93.9K.

High and low price notable news

The average weekly price growth across all stocks in the Property/Casualty Insurance Industry was 0%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 16%. PRA experienced the highest price growth at 50%, while SNMCY experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Property/Casualty Insurance Industry was -21%. For the same stocks of the Industry, the average monthly volume growth was -26% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

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

Valuation Rating: 52
P/E Growth Rating: 58
Price Growth Rating: 44
SMR Rating: 82
Profit Risk Rating: 45
Seasonality Score: -7 (-100 ... +100)
View a ticker or compare two or three
PGR
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of automobile and casualty insurance services

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Property Or Casualty Insurance
Address
6300 Wilson Mills Road
Phone
+1 440 461-5000
Employees
61432
Web
https://www.progressive.com
Ad is loading...
"🚀 PHAXIAM Therapeutics SA Skyrockets +18.82%! Dive into this biotech penny stock's stellar week and the industry's broader movements. 📈🔬
Explore annualized returns of +110% for Day Traders and +50% for Swing Traders using Price Action Trading Strategies (TA&FA) on popular managed healthcare stocks like $BIOS $CI $CNC $ELV $HUM $MOH $UNH. Stay updated on the 1-week change of +3% in this dynamic market.
The ethanol industry encompasses a diverse range of business activities, primarily focusing on the production of ethanol and sugar. Beyond these core products, companies within this theme also engage in the development of related assets, such as fuel storage tanks.
Cisco Systems set to soar! 🚀 A.I. predicts +4% growth in the coming month. Is CSCO the next big move in your portfolio? 📈💰
#trading
The Office Equipment/Supplies sector has emerged as a standout performer in recent times, posting an impressive 6.13% increase in its performance over the past week. This surge in performance is supported by a group of tickers, including $ACTG, $SCS, $HNI, $EBF, and $ACCO, which have collectively displayed a positive outlook. In this article, we will delve into the theme of this sector and analyze the group of tickers within it that are driving this positive momentum.
"IBM Skyrockets: +15.54% Quarterly Jump! Dive into the data behind this tech titan's remarkable rally. 📈🚀"
#investment#trading
The pharmaceutical sector is known for its dynamic nature, with companies often experiencing rapid shifts in performance and sentiment. In the past week, pharmaceutical companies, as represented by a group of tickers including RPRX, CALT, INZY, and HRMY, have seen a noteworthy increase in performance, surging by +3.13%. In this article, we will delve into the details of this trend, explore key indicators, and assess the outlook for these companies.
The term 'challenging disorders' envelops a vast expanse of the healthcare sector, extending from medical devices, facilities to biotechs, and pharmaceutical firms.
The ocean transportation sector has been making waves recently, experiencing a significant performance boost of +3.74% over the past week. In this article, we'll delve into the theme and explore the key tickers within this sector, shedding light on their market capitalization, recent price movements, volume trends, and fundamental analysis ratings.
Forest products encompass materials harvested from forestry intended for direct utilization or commercial activities.
Amazon (AMZN) saw a $54B market cap increase this week, driven by a 2.74% stock price surge. Despite the short-term volatility indicated by breaking its upper Bollinger Band, the company's strong positioning in AI and cloud computing continues to attract investor interest.
The financial markets saw a mix of gains and declining volatility between September 23-27, with key indexes like SPY, QQQ, and DIA posting positive returns. Despite rising stocks, volatility measures dropped, reflecting reduced market uncertainty. This article explores market trends and highlights AI-driven trading robots designed to capitalize on opportunities while managing risk.
Tickeron's AI-powered Trend Trading bots are revolutionizing stock investing by integrating Financial Learning Models (FLMs) to help hedge fund managers and traders uncover undervalued stocks. These bots provide actionable signals, apply advanced risk management strategies, and support disciplined growth, empowering investors to navigate complex financial markets with ease.
The aluminum construction companies have experienced a significant boost, with the segment seeing a +11.13% increase in performance over the past week. This growth is largely driven by the rising demand for lightweight materials, particularly in the automotive sector, where aluminum is being widely adopted to improve fuel efficiency. The aluminum industry plays a vital role in the U.S. economy, generating approximately $71 billion annually in direct economic impact, according to The Aluminum Association.
Unlock the potential of AI-powered swing trading with robots designed to track dips in top S&P 500 stocks. Whether you're a beginner or experienced trader, these tools help manage up to $20k per position, balancing risk and reward with advanced algorithms and market insights. Discover how to maximize returns in volatile markets!
Discover Tickeron's new AI-driven trading bots designed for high-volatility markets and impulse price action. Leveraging Financial Learning Models (FLMs) and technical analysis, these bots optimize trades, offer a 70% win rate, and execute strategies for day traders focused on fast market moves.
The Diesel Companies segment has displayed a notable increase of +9.44% in performance over the past week. This uptick highlights a positive trend in the sector, encompassing companies involved in the manufacturing of diesel vehicles and the distribution of transportation fuels.
The medical companies segment has experienced a notable increase in performance, recording a weekly gain of +3.53%. This sector encompasses companies involved in the production and supply of pharmaceuticals and essential medical products, catering to a broad spectrum of healthcare needs. Their product offerings include surgical apparel, gloves, hospital furniture, fluid management solutions, and specialized equipment for cosmetic and surgical procedures.
Tickeron launches AI-powered Stock Picker robots to assist hedge fund managers with sector rotation, growth-focused small-cap stocks, and strategic risk management. Using proprietary FLMs, Stock Pickers offer quant-driven signals and adaptive strategies for long-term growth and investment
Tickeron unveils an intuitive AI trading bot interface, offering tailored strategies for day, swing, and trend traders. From beginners to pros, discover tools designed to optimize trading precision, adapt to market volatility, and provide hedge fund-level insights for smarter investments.
#latest#popular#trading