PORTLAND GENERAL ELECTRIC CO - Daily - Technical analysis published on 11/29/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
56%
6%
39%
My opinion
Neutral between 55.11 USD and 56.82 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 56.82 USD. The first support is located at 55.11 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PORTLAND GENERAL ELECTRIC CO rating 55.64 USD. On the day, this instrument gained +0.02% with the lowest point at 55.25 USD and the highest point at 55.85 USD. The deviation from the price is +0.71% for the low point and -0.38% for the high point.55.25
55.85
55.64
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PORTLAND GENERAL ELECTRIC CO:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of PORTLAND GENERAL ELECTRIC CO indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 52.46 | 54.36 | 55.11 | 55.64 | 56.82 | 58.09 |
| Change (%) | -5.72% | -2.30% | -0.95% | - | +2.12% | +4.40% |
| Change | -3.18 | -1.28 | -0.53 | - | +1.18 | +2.45 |
| Level | Minor | Major | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.75 | 54.98 | 55.30 | 55.53 | 55.85 | 56.08 | 56.40 |
| Camarilla | 55.48 | 55.53 | 55.58 | 55.63 | 55.68 | 55.73 | 55.78 |
| Woodie | 54.81 | 55.00 | 55.36 | 55.55 | 55.91 | 56.10 | 56.46 |
| Fibonacci | 54.98 | 55.19 | 55.32 | 55.53 | 55.74 | 55.87 | 56.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.06 | 54.56 | 55.02 | 55.52 | 55.98 | 56.48 | 56.94 |
| Camarilla | 55.22 | 55.30 | 55.39 | 55.48 | 55.57 | 55.66 | 55.74 |
| Woodie | 54.04 | 54.55 | 55.00 | 55.51 | 55.96 | 56.47 | 56.92 |
| Fibonacci | 54.56 | 54.93 | 55.15 | 55.52 | 55.89 | 56.11 | 56.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.57 | 54.49 | 55.68 | 56.60 | 57.80 | 58.72 | 59.91 |
| Camarilla | 56.30 | 56.49 | 56.69 | 56.88 | 57.07 | 57.27 | 57.46 |
| Woodie | 53.71 | 54.56 | 55.82 | 56.67 | 57.94 | 58.79 | 60.05 |
| Fibonacci | 54.49 | 55.30 | 55.79 | 56.60 | 57.41 | 57.91 | 58.72 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.09 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | 3.31 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 55.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.24 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 56.93 | |
| Zig ZAG (10): | 55.64 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 67.72 | |
| TEMA (21): | 55.29 | |
| Williams %R (14): | -26.32 | |
| Chande Momentum Oscillator (20): | 1.27 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 0.72 |
| MA7: | 55.49 | |
| MA20: | 55.60 | |
| MA50: | 56.12 | |
| MA100: | 55.68 | |
| MAexp7: | 55.51 | |
| MAexp20: | 55.63 | |
| MAexp50: | 55.79 | |
| MAexp100: | 55.28 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | +0.07% | |
| Price / MA50: | -0.86% | |
| Price / MA100: | -0.07% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | +0.65% |
News
The last news published on PORTLAND GENERAL ELECTRIC CO at the time of the generation of this analysis was as follows:
- Portland General Electric announces third quarter 2019 results
- Portland General Electric declares dividend
- Portland General Electric schedules earnings release and conference call for Friday, Nov. 1
- Portland General Electric announces second quarter 2019 results
- Portland General Electric declares dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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