• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Pg&E Corp After 4.57% Loss

By James Quinn

Pg&E Corp (NYSE:PCG) traded in a range yesterday that spanned from a low of $17.34 to a high of $18.30. Yesterday, the shares fell 4.6%, which took the trading range below the 3-day low of $18.00 on volume of 3.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Pg&E Corp share prices have moved between a 52-week high of $49.42 and a 52-week low of $5.07 and are now trading 242% above that low price at $17.34 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 1.7%.

Keywords: rebounders pg&e corp

Ticker(s): PCG