P G & E CORP (PCG)

US69331C1080 - Common Stock

20.04  -0.18 (-0.89%)

After market: 20.22 +0.18 (+0.9%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PCG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PCG is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
PCG is one of the better performing stocks in the Electric Utilities industry, it outperforms 84% of 47 stocks in the same industry.
PCG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PCG is lagging the market slightly.
PCG has an average volume of 13392300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PCG turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
In the last month PCG has a been trading in the 19.45 - 20.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PCG Weekly chart
PCG Daily chart
Setup Rating and Analysis

8

PCG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

15.38

20.89

We found 5 important support areas.

  • A support zone ranging from 19.60 to 19.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @18.78 from a trend line in the daily time frame.
  • Support @17.81 from a trend line in the weekly time frame.
  • A support zone ranging from 17.08 to 17.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @15.54 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 20.14 to 20.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.75
Mansfield0.15
10 Day High20.93
10 Day Low19.99
20 Day High20.93
20 Day Low19.45
52 Week High20.93
52 Week Low15.94
Performance
1 Week-1.57%
2 Weeks-1.67%
1 Month1.67%
3 Month8.85%
6 Month14.06%
12 Month18.65%
2 Year27.64%
3 Year68.69%
5 Year168.63%
10 Year-60.32%
15 Year-52.67%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)48.59
LBB20.01
UBB20.73
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
20.3719.980.39 (1.92%)25.00%
An entry @20.37. This is a Buy Stop order right above the 10 day moving average.An exit @19.98. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.39 points, which is 1.92%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%.

  • The distance between exit and entry is rather small compared to the average daily movement of PCG. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PCG Daily chart

P G & E CORP

NYSE:PCG (11/1/2024, 8:21:44 PM)

After market: 20.22 +0.18 (+0.9%)

20.04

-0.18 (-0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.89%
1 Week-1.57%
2 Weeks-1.67%
1 Month1.67%
3 Month8.85%
6 Month14.06%
12 Month18.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%1.7%
ATR Inc
Range Today0.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.93
10 Day Low19.99
20 Day High20.93
20 Day Low19.45
52 Week High20.93
52 Week Low15.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.12M
Volume Incr-15.54%
Vol(5)8.22M
Vol(50)13.39M