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.
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Stronger technical forecast for Portland General Electric Company stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Portland General Electric Company stock price gained 2.91% on the last trading day (Wednesday, 27th Mar 2024), rising from $40.50 to $41.68. During the last trading day the stock fluctuated 2.21% from a day low at $40.78 to a day high of $41.68. The price has fallen in 6 of the last 10 days but is still up by 0.7% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 102 thousand more shares were traded than the day before. In total, 866 thousand shares were bought and sold for approximately $36.11 million.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $41.69 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -4.62% during the next 3 months and, with a 90% probability hold a price between $36.58 and $39.77 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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POR Signals & Forecast

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 $40.97 and $40.80. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -0.97%. 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 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 $0.90 between high and low, or 2.21%. For the last week the stock has had daily average volatility of 1.71%.

Our recommended stop-loss: $39.96 (-4.12%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (POR) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Portland General Electric Company to open at $41.38, and during the day (based on 14 day Average True Range), to move between $40.90 and $42.46, which gives a possible trading interval of +/-$0.781 (+/-1.87%) 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 3.75% 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 (0.98%) than the support at $40.50 (2.83%), 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.009 Hold/Accumulate Upgraded

Predicted Opening Price for Portland General Electric Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$41.38 ( 0.720%) $41.68

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 42.28 1.44 %
R2 41.94 0.615 %
R1 41.72 0.105 %
Current price: 41.68
Support S1 41.04 -1.54 %
S2 40.82 -2.05 %
S3 40.48 -2.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 44.18 6.00 %
R2 43.34 3.98 %
R1 42.09 0.98 %
Current price 41.68
Support S1 40.50 -2.83%
S2 39.94 -4.17%
S3 39.88 -4.32%

POR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 09, 2024 Mar 21, 2024 Apr 15, 2024 $0.475 1.14%
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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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 2024-03-27, the price of an Portland General Electric Company (POR) share was $41.68.

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 2024-03-27, the market capitalization of Portland General Electric Company is 4.219B.

When is the next earnings date for Portland General Electric Company?
The upcoming earnings date for Portland General Electric Company is Apr 26, 2024.
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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

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