PG&E Breaks Above 200-Day Moving Average - Bullish for PCG


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In trading on Wednesday, shares of PG&E Corp. (Symbol: PCG) crossed above their 200 day moving average of $42.84, changing hands as high as $43.11 per share. PG&E Corp. shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of PCG shares, versus its 200 day moving average: PG&E Corp. 200 Day Moving Average Chart

Looking at the chart above, PCG's low point in its 52 week range is $39.43 per share, with $48.50 as the 52 week high point - that compares with a last trade of $43.06.

According to the ETF Finder at ETF Channel, PCG makes up 3.99% of the Utilities Select Sector SPDR Fund ETF (Symbol: XLU) which is trading relatively unchanged on the day Wednesday.

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: PCG , XLU

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