PCG PG&E Corporation
PG&E Corporation (PCG) trend channel, buy level and 3-month target on Trade The Path. Sector: Utilities. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Broken down below, rising on both timeframes
Price has closed below the channel. Support has failed — treat the buy target with caution.
The next few months are read from the last 12 months, not the last 14 months: that channel fits this stock's recent turns at least as well (64% against 64%) and it is the one price is respecting now. The last 14 months stay as context: rising, +18% a year. The nearest ceiling overhead is US$18.31, from the last 14 months. What would overturn this: a close below US$17.20 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 14 months
- US$16.18 – US$18.31 Rising channel, +18% a year
- 12 months read from
- US$17.20 – US$18.31 Rising channel, +13% a year
- Position in that channel
- -346% below the floor of it — 0% is the floor, 100% the ceiling
What broke this trend
- The fall
- -40% from US$21.3229 Nov 2024 → 15 July 2025
- Whose problem it was
- This company0 of 2 Electric & Other Services Combined peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 9%of what it lost
- What the record says
- 78% of 933 comparable falls came back, typically in 86 days measured across every stock we hold history for, its peer group being too small
The trend broke in November 2024: price fell 40% from 21.32 to 12.86 by July 2025, and has regained 9% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: “Mizuho Maintains Outperform on PG&E, Raises Price Target to $26”. Falls like it have resolved: falls of about 40% here have come back to the old high 78% of the time (933 comparable falls), typically in 86 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 21.61 within 4692 days, reached 78% of the time in 933 comparable falls — about 0.01% a day held.
Reported at the time: Mizuho Maintains Outperform on PG&E, Raises Price Target to $26 — 27 Nov 2024
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (14 months)
- Lower trend line (14 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has broken 15.9% below the channel floor, which is a fall out of the trend rather than a dip within it. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy now
US$13.35
last close · 16 Sept 2026
Channel buy is US$16.18; last close is the better price available now.
Our target
US$18.00
by 16 Dec 2026
Projected move
34.8%
gross, before costs
Last close is our buy — the best price available now.
- Upper line touches
- 4
- Lower line touches
- 5
- Fit confidence
- 64%
- Fitted
- 15 Sept 2026
Company information
Fundamentals are not available for this instrument from the current data provider.
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.