Portland General Electric Technical Analysis (NYSE:POR)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Portland General Electric stock price data and volume are plotted in POR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Portland General Electric. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Portland General Electric stock analysis.
Portland General Electric Moving Average
Moving averages help predict the price direction of POR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Portland General Electric are mostly signals of long term trends and will help long term traders.
Portland General Electric Bollinger Bands
Bollinger bands comprise of a center line usually POR SMA, and two POR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $46.64 is in the upper range of Portland General Electric bollinger bands.
Portland General Electric Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Portland General Electric MACD line is above the signal line.
Portland General Electric Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of POR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.