Pacific Gas & Electric Technical Analysis (NYSE:PCG)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Pacific Gas & Electric stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the PCG stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Pacific Gas & Electric. Technical analysis uses an approach for Pacific Gas & Electric stock analysis that does not care for the fair value of a company but uses price and volume data only.
Pacific Gas & Electric Moving Average
Moving averages show the PCG stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Pacific Gas & Electric are mostly signals of long term trends and will help long term traders.
Pacific Gas & Electric Bollinger Bands
Bollinger bands comprise of a center line usually PCG SMA, and two PCG stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Pacific Gas & Electric bollinger bands show that the stock price is $42.14, upper band is 45.46, lower band is 40.56, and the average is 43.01.
Pacific Gas & Electric Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Pacific Gas & Electric MACD line is below the signal line.
Pacific Gas & Electric Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of PCG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.