PCG stock: buy or sell

PCG stock price: $12.24 3.47% At close on Jan 15th, 2021

Updated on:
Jan 16th, 2021

1

PCG stock brief

  • Pacific Gas & Electric stock skyrocketed 3.47% to close at $12.24 on the stock market on Friday, breaking a streak of 6 sessions in red.

Should I buy Pacific Gas & Electric stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $PCG stock a buy?

Currently, Pacific Gas & Electric stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $PCG will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Pacific Gas & Electric stock?

When you are a novel trader and you own stock shares with some profit, it's really difficult to decide the good moment to sell and get your profits. In the same way as when we have to buy shares, determining when is appropiate to sell is not a whimsy decision, and we must adhere our own trading style. Our trading system selects very simple strategies to guide us on when is the best time to sell our shares. Be aware that these strategies should not be used for selling short $PCG stock

As a rule of thumb, you should not hold an investment that results in greater losses than those expected at the time of the buy. The timing to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Pacific Gas & Electric stock?

Currently, Pacific Gas & Electric stock doesn't match any of our preferred sell setups, so if you own Pacific Gas & Electric shares and your operation is in profit probably is not time to sell now

Pacific Gas & Electric ratings

In the last month, just one rating was published for Pacific Gas & Electric

Pacific Gas & Electric analysts' ratings - Last 30 days
Brokerage firmRating
Jan 6th, 2021
Wells Fargo & Company

Pacific Gas & Electric stock analysis

SMAs overview

PCG stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $12.24 (0.00% above)
  • R2: $12.29 (0.41% above)
  • R3: $12.34 (0.82% above)
  • The current supports are:

  • S1: $12.16 (-0.65% below)
  • S2: $12.10 (-1.14% below)
  • S3: $12.06 (-1.47% below)
  • Bollinger bands

    Since the price broke down the lower band on Thursday, the price has bounced up by 3.73%. The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks. The price is trading very close to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a buy signal, as price can move in these levels for many days and weeks

    PCG stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in early December after just crossing to the overbough zone for a single day (weak signal). The RSI value on Friday was 51.97. Pacific Gas & Electric stock tanked a 3.55% since RSI lost the overbought zone

    PCG stock RSI chart

    Pacific Gas & Electric stock price history

    Pacific Gas & Electric started trading priced at an adjusted price1 of $0.00 on Jun 1972. Since then, PCG stock surged by -, with an average of 0.00% per year. An investment of $1,000USD on Jun 1972 would have a value of $inf nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    PCG stock price history chart

    Price target for Pacific Gas & Electric stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a stock will performance in the future.

    Along with buy or sell recommendations, financial institutions release their price predictions based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial data by the company, and many times. If you are a small trader you should not trade based on these projections.

    There is just one price target available for Pacific Gas & Electric that predicts a price of $13.00.

    Pacific Gas & Electric stock price predictions
    Brokerage firmPrice target
    Jan 6th, 2021
    Wells Fargo & Company $11.00$13.00

    Earnings and financials

    PG&E Corporation ($PCG) posted earnings of $0.22 per share last October, significantly worsening the Wall St consensus estimate of $0.27 per share. This quarterly report represents an earnings surprise of -18.52%. On the contrary, the company said turnover for Q3 was $4.9 billion consistent with analysts' forecasts.

    In comparing, the EPS for the same quarter last year was $1.11, so current EPS means a decrease of -80.18%. Looking at revenue, figures went up a 10.15% compared to $44.3B same quarter last year.

    PCG ($PCG) will host the Q4 earnings call mid next February. Market analysts analysts expect of $0.23, that is a 4.55% higher than Q3.

    Pacific Gas & Electric performance

    PCG performance compared
    Company1m3m6m
    Pacific Gas & Electric ($PCG) -0.70% 16.50% 34.40%

    Important note:
    The comments contained in this article are personal and not recommendations for you to buy or sell shares. The author of this report does not know the specific scenarios of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for educative purposes only

    PCG summary

    Friday, January 15th, 2021
    Open$11.91
    Close$12.24
    Day range$11.9 - $12.43
    Previous close$11.83
    Session gain3.47%
    Average true range$0.31
    50d mov avg$12.02
    100d mov avg$10.89
    200d mov avg$10.58
    Earnings dateFebruary 16th, 2021

    Frequently asked questions

    What is Pacific Gas & Electric stock symbol?

    PG&E Corporation is a public company trading in the US stock market with the PCG symbol

    Is Pacific Gas & Electric stock a buy or sell?

    Pacific Gas & Electric had one rating in the last 4 weeks Read the article to get additional tips on trading PCG stock.

    Will PCG go up?

    Pacific Gas & Electric had different price predictions published by analysts in the last month setting the target price to $13.00. That is a 6.21% than the current price ($12.24).