PORTLAND GENERAL ELECTRIC CO (POR) Stock Technical Analysis
NYSE:POR - US7365088472 - Common Stock
Taking everything into account, POR scores 6 out of 10 in our technical rating. POR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
POR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for POR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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39.30
2 important support areas can be observed.
- A support zone ranging from 41.42 to 42.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.70 to 40.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @43.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.60 to 49.10. 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 | 22.96 | NEGATIVE | POR has a low relative strength, it was outperformed by 77.04% 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) | UP | POSITIVE | The current price of POR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of POR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.31 | NEUTRAL | The RSI value for POR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests POR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.84 | NEUTRAL | The Stochastics value for POR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for POR suggests low volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for POR suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.72 | 42.13 | 1.59 (3.64%) | 25.00% |
| An entry @43.72. This is a Buy Stop order right above the resistance zone. | An exit @42.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.59 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
42.81
+0.15 (+0.35%)