Portland General Electric Co

POR remains in a healthy Stage 2 Advance with bullish medium- and long-term biases supported by clear higher-highs/higher-lows and rising EMAs. However, near-term price is extended above the 9/20 EMAs in overbought territory with an extreme Options Score, making immediate entries unfavorable. Optimal engagement requires a pullback into the rising EMA support zone for acceptance before adding exposure. Key risks include resistance at recent highs, overbought exhaustion, and a potential shift toward distribution as Stage 2 approaches Stage 3.

• ↑Q1 2026 net income $306M, EPS $2.77 supports 5–7% dividend growth
• ↑$1.9B Pacificorp acquisition adds 140K customers with year-one EPS accretion
• ↓Industrial demand could dip under economic headwinds, pressuring growth