PCG Forecast and Technical Stock Analysis
Sell candidate since 2019-11-18 PDF
Pacific Gas & Electric Co fell by -4.45% in the last day ( Monday, 18th Nov 2019 ) from $7.42 to $7.09 During the day the stock fluctuated 14.29% from a day low at $6.97 to a day high of $7.96. The price has fallen in 6 of the last 10 days and is down by -2.48% for this period. Volume has increased in the last day by 6.56 million shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 24.90 million shares bought and sold for approximately $176.51 million.
- 30 day high of the PCG stock price was $8.25 and low was $3.55.
- 90 day high was $12.85 and low was $3.55.
- 52 week high for Pacific Gas & Electric Co - $27.60 and low - $3.55.
Pacific Gas & Electric Co lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -41.67% during the next 3 months and, with 90% probability hold a price between $1.38 and $5.03 at the end of this period.
There are few to none technical positive signals at the moment. Pacific Gas & Electric Co holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $7.64. On a fall, the stock will find some support from the short-term average at $6.85. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Friday November 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 63 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Pacific Gas & Electric Co finds support from accumulated volume at $7.06.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.00 between high and low, or 14.29%. For the last week, the stock has had a daily average volatility of 13.38%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
13.38 %Average volatility
Very Low Low Medium High Very High
Pacific Gas & Electric Co holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.
|PCG $7.09 ($-0.33 -4.45%)|
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Golden Star Signal
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