RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of POR
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Portland General Electric Company stock after gaining 0.768%
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 0.77% PDF

The Portland General Electric Company stock price gained 0.768% on the last trading day (Thursday, 28th Mar 2024), rising from $41.68 to $42.00. During the last trading day the stock fluctuated 1.73% from a day low at $41.36 to a day high of $42.08. The price has been going up and down for this period, and there has been a 3.07% gain for the last 2 weeks. Volume fell on the last day by -190 thousand shares and in total, 676 thousand shares were bought and sold for approximately $28.41 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockhas broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $41.72, a level that may pose a second chance to hit a runner. According to fan-theory $44.95 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

POR Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -0.214%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Portland General Electric Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $41.10 and $40.87. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Tuesday, March 05, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, March 05, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Portland General Electric Company stock

Portland General Electric Company finds support from accumulated volume at $40.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.715 between high and low, or 1.73%. For the last week the stock has had daily average volatility of 1.80%.

Our recommended stop-loss: $40.56 (-3.43%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (POR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Portland General Electric Company to open at $41.81, and during the day (based on 14 day Average True Range), to move between $41.22 and $42.78, which gives a possible trading interval of +/-$0.777 (+/-1.85%) up or down from last closing price. If Portland General Electric Company takes out the full calculated possible swing range there will be an estimated 3.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $42.09 (0.21%) than the support at $40.50 (3.57%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Portland General Electric Company stock A Buy?

Portland General Electric Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.607 Hold/Accumulate Unchanged

Predicted Opening Price for Portland General Electric Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$41.81 ( 0.448%) $42.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for POR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 42.53 1.25 %
R2 42.25 0.604 %
R1 42.08 0.202 %
Current price: 42.00
Support S1 41.54 -1.10 %
S2 41.37 -1.50 %
S3 41.10 -2.15 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 44.18 5.19 %
R2 43.34 3.19 %
R1 42.09 0.214 %
Current price 42.00
Support S1 40.50 -3.57%
S2 39.94 -4.90%
S3 39.88 -5.05%

POR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 09, 2024 Mar 21, 2024 Apr 15, 2024 $0.475 1.13%
2 Oct 20, 2023 Dec 22, 2023 Jan 15, 2024 $0.480 1.13%
3 Jul 21, 2023 Sep 22, 2023 Oct 16, 2023 $0.475 1.14%
4 Apr 21, 2023 Jun 23, 2023 Oct 16, 2023 $0.475 1.14%
5 Feb 10, 2023 Mar 24, 2023 Apr 17, 2023 $0.453 0.90%

FAQ

What is the symbol for Portland General Electric Company Stock and on which exchange is it traded?
The symbol for Portland General Electric Company is POR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Portland General Electric Company Stock?
Portland General Electric Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Portland General Electric Company Stock?
Portland General Electric Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Portland General Electric Company Stock.

What's the current price of Portland General Electric Company Stock?
As of the end of day on the 2024-03-28, the price of an Portland General Electric Company (POR) share was $42.00.

What is the 52-week high and low for Portland General Electric Company Stock?
The 52-week high for Portland General Electric Company Stock is $51.58 and the 52-week low is $38.01.

What is the market capitalization of Portland General Electric Company Stock?
As of the 2024-03-28, the market capitalization of Portland General Electric Company is 4.251B.

When is the next earnings date for Portland General Electric Company?
The upcoming earnings date for Portland General Electric Company is Apr 26, 2024.
Click to get the best stock tips daily for free!

About Portland General Electric Company

Portland General Electric Company Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2021, the company owned an electric transmission system consisting of 1,274 circuit miles, including 287 circuit miles of 500 kilovolt line,... POR Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT