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Watch for Pg&E Corp to Potentially Rebound After Falling 2.57% Yesterday

By Shiri Gupta

Pg&E Corp (NYSE:PCG) traded in a range yesterday that spanned from a low of $42.69 to a high of $43.74. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $43.25 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Pg&E Corp and will alert subscribers who have PCG in their portfolio or watchlist when shares have changed trend direction.

Pg&E Corp share prices have moved between a 52-week high of $71.57 and a 52-week low of $37.30 and are now trading 15% above that low price at $42.77 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has remained constant.

Keywords: rebounders pg&e corp

Ticker(s): PCG