P G & E CORP (PCG)

US69331C1080 - Common Stock

18.035  -0.21 (-1.18%)

Technical Rating and Analysis

7

Taking everything into account, PCG scores 7 out of 10 in our technical rating. Although PCG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
PCG is part of the Electric Utilities industry. There are 45 other stocks in this industry. PCG outperforms 77% of them.
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 12178000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PCG is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month PCG has a been trading in a tight range between 17.95 and 18.95.
Weekly and Daily overview Charts
PCG Weekly chart
PCG Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, PCG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.10, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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

19.11

3 important support areas can be observed.

  • A support zone ranging from 17.67 to 18.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.03 to 16.49. 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 2 important areas.

  • A resistance zone ranging from 18.10 to 18.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @18.92 from a horizontal line in the daily time frame.
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
CRS73.26
Mansfield-0.74
10 Day High18.55
10 Day Low18.02
20 Day High18.95
20 Day Low17.95
52 Week High18.95
52 Week Low14.71
Performance
1 Week1.11%
2 Weeks-1.56%
1 Month-1.08%
3 Month12.31%
6 Month2.76%
12 Month4.89%
2 Year82.87%
3 Year79.45%
5 Year-20.38%
10 Year-61.99%
15 Year-52.52%
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)52.92
LBB18.01
UBB18.51
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
18.2718.010.26 (1.40%)25.00%
An entry @18.27. This is a Buy Stop order right above the 10 day moving average.An exit @18.01. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.26 points, which is 1.40%.For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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 (6/17/2024, 9:31:06 AM)

18.035

-0.21 (-1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.18%
1 Week1.11%
2 Weeks-1.56%
1 Month-1.08%
3 Month12.31%
6 Month2.76%
12 Month4.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%1.5%
ATR Inc
Range Today0.18
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 High18.55
10 Day Low18.02
20 Day High18.95
20 Day Low17.95
52 Week High18.95
52 Week Low14.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.27M
Volume Incr3.59%
Vol(5)12.98M
Vol(50)12.18M