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What Do PG&E’s Current Chart Indicators Suggest?

Vincent Kruger
What Do PG&E’s Current Chart Indicators Suggest?

PG&E (PCG) stock is trading at $48.71, which is ~1% and 8% above its 50-day and 200-day moving averages, respectively. PG&E’s premium to both of these support levels indicates strength in the stock. The levels of ~$44.96 and $43.93 could act as supports for the stock in the near future.