PCG stock: buy or sell
Apr 22nd, 2021
PCG stock brief
- Pacific Gas & Electric stock merely moved -0.45% to close at $11.15 on the stock market on Wednesday.
- Morgan Stanley published a hold rating for Pacific Gas & Electric on Tuesday, with a forecast of $14.00
Should I buy Pacific Gas & Electric stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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?
Do you know when is it time to sell Pacific Gas & Electric?. Trading strategies let us to avoid impulsive decisions based on our feelings or the buzz that surrounds the market. When selling, as well as buying, detailed strategies are very simple to follow but are only valid for selling shares in your porfolio, not for selling short Pacific Gas & Electric stock
As a rule of thumb, you must never keep a trading operation that generates higher than expected losses at the time of purchase. The moment to sell your stock always has to 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 hold Pacific Gas & Electric stock and your operation is in profit probably is not time to sell now
Pacific Gas & Electric ratings
In the last month, just one analyst rating was published for Pacific Gas & Electric
|Apr 20th, 2021|
Pacific Gas & Electric stock analysis
Supports and resistances
The current resistance levels are:
The current supports are:
The price is moving very close to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a bullish indicator, as price can trade in these levels for many days and weeks
Relative strength index
The RSI crossed up the oversold level of 30 in early March after just being in the oversold zone for a single day (what can be considered a strength signal). The RSI value on Wednesday was 42.86. Since then, Pacific Gas & Electric stock skyrocketed a 6.09%
Pacific Gas & Electric stock price history
Pacific Gas & Electric IPO was on Jun 1st, 1972 at $0.00 per share1. Since then, PCG stock has risen by -, with an average of 0.00% per year. An investment of thousand dollars at that time would be valued $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Pacific Gas & Electric stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions release their price estimates based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial information by the company, and usually. If you are a small trader you don't have to invest based on these predictions.
There is just one price target issued for Pacific Gas & Electric that forecasts a price of $14.00.
|Brokerage firm||Price target|
|Apr 20th, 2021|
|Morgan Stanley||$13.00 → $14.00|
Earnings and financials
Pacific Gas & Electric ($PCG) had the quarterly earnings call and posted the report last February. PCG missed analysts estimates and presented of $0.21, that is a -8.70% less than the initial predictions of $0.23. Despite this, reported revenues of $4.7 billion were in line with analysts predictions.Same quarter last year, reported EPS was $0.68, so recently reported EPS means a drop of -69.12%. Looking at turnover, figures merely moved compared to $47.4B year over year.
PCG ($PCG) posts financial report on Friday next week. Wall Street analysts estimate of $0.28, that is a 33.33% higher than Q4.
Pacific Gas & Electric performance
|Pacific Gas & Electric ($PCG)||0.20%||-8.30%||2.30%|
Important:The comments published in this post are personal and not recommendations for you to buy or sell shares. The author of this text does not know the particular situations of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for educative purposes only
|Wednesday, April 21st, 2021|
|Day range||$10.99 - $11.19|
|Average true range||$0.38|
|50d mov avg||$11.45|
|100d mov avg||$11.79|
|200d mov avg||$10.79|
|Earnings date||April 30th, 2021|