Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Amber List
DGICADonegal Group, Inc. Class A
7.3σ
decline sigma — volatility-normalized move (typical daily 1.27%)
Current
$18.67
Decline depth
—
Decline σ
7.3σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$DGICA landed on the list 2026-03-11, down 21.0% from its 52-week high that day — now $18.67.
It has clawed back 9.4 percentage points off that level. It bottomed 22.7% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-11 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
DGICA qualifies for the Amber List on decline sigma.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (1.27% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about DGICA.
DGICA qualifies for the Amber List on decline sigma — the recent drop measures 7.3σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Questions about DGICA
What people ask.
Why is DGICA on Broken Stocks?
DGICA qualifies for the Amber List on decline sigma. The recent drop measures 7.3σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (1.27%).
Is DGICA a falling knife?
DGICA is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is DGICA a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is DGICA trading inside its 52-week range?
At $18.67, DGICA sits 58.5% of the way from its 52-week low ($16.48) to its 52-week high ($20.22). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.