PORTLAND GENERAL ELECTRIC CO (POR) Technical Analysis
NYSE:POR • US7365088472
Current stock price
POR Technical Rating and Analysis
Taking everything into account, POR scores 6 out of 10 in our technical rating. In the last year, POR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- POR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- POR has an average volume of 1485710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, POR turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- POR is part of the Electric Utilities industry. There are 47 other stocks in this industry, POR did better than 67% of them.
- In the last month POR has a been trading in the 50.41 - 54.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
POR Weekly and Daily overview Charts
POR Setup Rating and Analysis
Although the technical rating is only medium, POR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 52.66, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
POR Support and Resistance Analysis
40.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 51.83 to 52.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.98 from a horizontal line in the daily time frame.
- A support zone ranging from 47.35 to 47.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.34 to 54.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
POR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for POR is neutral. |
| ChartMill Relative Strength | 66.16 | NEUTRAL | POR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of POR is above a declining 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) | 50.86 | NEUTRAL | The RSI value for POR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests POR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.75 | NEUTRAL | The Stochastics value for POR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for POR suggests low volalility. |
| Average Directional Index/ADX (14) | 18.57 | NEGATIVE | The low ADX value for POR suggests a weak or negative trend. |
POR Chart- and CandleStick Pattern Analysis
POR Example Setup
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 |
|---|---|---|---|
| 54.24 | 51.83 | 2.41 (4.44%) | 22.51% |
| An entry @54.24. This is a Buy Stop order right above the resistance zone. | An exit @51.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.41 points, which is 4.44%. | For a 1.00% total portfolio risk, you can invest 22.51% of your capital in this trade. |
- 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.
POR Technicals: Chart, Performance Metrics, Trend & Indicators
52.9
-0.8 (-1.49%)
PORTLAND GENERAL ELECTRIC CO / POR TA FAQ
Can you provide the ChartMill technical rating for PORTLAND GENERAL ELECTRIC CO?
ChartMill assigns a technical rating of 6 / 10 to POR.
Can you provide the trend direction for PORTLAND GENERAL ELECTRIC CO?
The current trend direction for PORTLAND GENERAL ELECTRIC CO (POR) is Bullish.
Can you provide the RSI signal for PORTLAND GENERAL ELECTRIC CO?
PORTLAND GENERAL ELECTRIC CO (POR) has an RSI value of 50.8573. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PORTLAND GENERAL ELECTRIC CO?
The short term momentum for PORTLAND GENERAL ELECTRIC CO (POR) is neutral.
Can you provide the support and resistance levels for PORTLAND GENERAL ELECTRIC CO?
PORTLAND GENERAL ELECTRIC CO (POR) has a support level at 52.66 and a resistance level at 53.34. Check the full technical report for our detailed analysis of POR support and resistance levels.