PORTLAND GENERAL ELECTRIC CO (POR) Stock Technical Analysis
USA - NYSE:POR - US7365088472 - Common Stock
We assign a technical rating of 8 out of 10 to POR. Although POR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although POR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
39.71
We found 3 important support areas.
- A support zone ranging from 43.57 to 44.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.91 to 42.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.40 to 47.40. 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 | UP | POSITIVE | The long term trend for POR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POR is up. |
| ChartMill Relative Strength | 65.89 | NEUTRAL | POR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of POR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.36 | OVERBOUGHT | The high RSI value suggests POR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests POR has a positive trend. |
| Stochastics (14,3) | 89.44 | OVERBOUGHT | The high Stochastics value suggests POR may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for POR suggests low volalility. |
| Average Directional Index/ADX (14) | 28.6 | POSITIVE | The high ADX value value for POR suggests a strong trend. |
47.39
+0.43 (+0.92%)
PORTLAND GENERAL ELECTRIC CO / POR FAQ
Can you provide the ChartMill technical rating for PORTLAND GENERAL ELECTRIC CO?
ChartMill assigns a technical rating of 8 / 10 to POR.
What is the current trend direction of PORTLAND GENERAL ELECTRIC CO (POR) stock?
The current trend direction for PORTLAND GENERAL ELECTRIC CO (POR) is Bullish.
What is the RSI signal for PORTLAND GENERAL ELECTRIC CO (POR) stock?
PORTLAND GENERAL ELECTRIC CO (POR) has an RSI value of 74.3594. This indicates that the stock is currently overbought.
What is the short term momentum for POR stock?
The short term momentum for PORTLAND GENERAL ELECTRIC CO (POR) is positive.
What is the support and resistance level for POR stock?
PORTLAND GENERAL ELECTRIC CO (POR) has a support level at 44.25 and a resistance level at 47.4. Check the full technical report for our detailed analysis of POR support and resistance levels.