Weaker Buy Today POR ranks #1088 as BUY CANDIDATE #1088 Stronger Buy

POR stock forecast Portland General Electric Company

POR stock forecast

Wednesday May 22, 2019 Change 0.43% Price $53.26
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will POR stock price go up or down on Thu, 23 May 2019?

Predict

Portland General Electric Company Forecast and Stock Analysis

Technical POR stock analysis for Wednesday May 22, 2019.

Buy candidate since 2019-05-22
Shorts 0.86% ( 2019-04-15 )
Insider % n/a
Institutional % n/a
Beta 0.20
ROA 2.92%
Price to book USD 1.86
P/E Ratio 21.55
Next Earnings Date 2019-07-30


Portland General Electric Company gained 0.43% in the last trading day ( Wednesday, 22nd May 2019 ), rising from $53.03 to $53.26 During day the stock fluctuated 1.02% from a day low at $52.82 to a day high of $53.36. The price has risen in 6 of the last 10 days and is up by 3.02% over the past 2 weeks. Volume fell in the last day by -52 968 shares, and in total, 372 239 shares bought and sold for approximately $19.83 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the POR stock price was $53.78 and low was $49.79.
  • 90 day high was $53.78 and low was $49.08.
  • 52 week high for the Portland General Electric Company - $53.78 and low - $39.61.

Trend

Portland General Electric Company lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.25% during the next 3 months and, with 90% probability hold a price between $53.03 and $56.33 at the end of this period.

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Signals

Portland General Electric Company holds buy signals from both short- and long-term moving averages. In addition, 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 $53.23 and $51.96. A break down 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 may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday May 13, 2019, which indicates further falls until a new bottom pivot has been found.

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Relative Strength Index (RSI)

RSI14 is 64 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Portland General Electric Company finds support from accumulated volume at $52.34.

Support: $52.34 Price: $53.26 Resistance: $53.27

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.54 (1.02%) between high and low. For the last week, the stock has had a daily average volatility of 1.31%.

Our recommended stoploss: $51.35 (-3.59%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 7 days ago.)

1.31 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today POR ranks #1088 as BUY CANDIDATE #1088 Stronger Buy
POR $53.26 ($0.23 0.43%)
POR is up $0.23 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for POR based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will POR stock price go up or down
on Thu, 23 May 2019?

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