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Bearish Moving Average Cross by Pg&E Corp (PCG)

By Nick Russo

Pg&E Corp (NYSE:PCG) crossed under its 10-day moving average of $18.37 on a volume of 791K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Pg&E Corp share prices have been bracketed by a low of $5.07 and a high of $49.42 and are now at $18.25, 260% above that low price. The 200-day and 50-day moving averages have moved 1.81% lower and 0.08% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Pg&E Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Pg&E Corp in search of a potential trend change.

Keywords: moving crosses pg&e corp

Ticker(s): PCG