PORTLAND GENERAL ELECTRIC CO (POR) Stock Technical Analysis
NYSE:POR - New York Stock Exchange, Inc. - US7365088472 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to POR. In the past year, POR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, POR is a bad performer in the overall market: 74% of all stocks are doing better.
POR is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 86% are performing better than POR.
POR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month POR has a been trading in the 39.73 - 42.73 range, which is quite wide. It is currently trading near the high of this range.
POR has an average volume of 1293800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, POR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 41.86, a Stop Loss order could be placed below this zone.
More info and screens
39.30
45.70
When analyzing the support we notice one important area.
- A support zone ranging from 39.70 to 41.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.89 to 45.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for POR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POR is up. |
| ChartMill Relative Strength | 26.19 | NEGATIVE | POR has a low relative strength, it was outperformed by 73.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of POR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of POR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.83 | NEUTRAL | The RSI value for POR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests POR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.4 | OVERBOUGHT | The high Stochastics value suggests POR may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for POR suggests low volalility. |
| Average Directional Index/ADX (14) | 20.02 | NEUTRAL | The ADX value for POR suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.19
+0.11 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.26%
1 Week0.05%
2 Weeks3.03%
1 Month2.38%
3 Month-1.17%
6 Month1.32%
12 Month-9.33%
2 Year-3.81%
3 Year-18.35%
5 Year10.59%
10 Year22.15%
15 Year111.16%
Volatility
ATR(14)0.78
ATR(20)%1.85%
ATR Inc-0.09%
Range Today0.48
ADR(20)0.77
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.19
Mansfield-1.16
10 Day High42.73
10 Day Low40.81
20 Day High42.73
20 Day Low39.73
52 Week High49.85
52 Week Low39.55
CS1 End41.86
CR1 Start44.89
Volume & EV
DER(3)-0.44%
DER(5)-0.41%
Volume703.75K
Volume Incr-33.62%
Vol(5)958.11K
Vol(50)1.29M