PCG

PG&E CorporationUtilities

$16.48+0.24%

Rectangle Rounding Bottom Descending Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$16.48

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Trade the Breakout

Use advanced tools to confirm the Rectangle on PCG before you trade.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$17.25

Stop

$16.26

Target

$19.22

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Rounding Bottom

Gradual reversal from bearish to bullish.

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Market participants tracking PG&E Corporation should note the latest formation. Currently at $16.48, the asset is showing upward momentum (0.24%). Algorithmically, a Rounding Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $17.25, targeting $19.22 with support near $16.26 (R:R 2.0).

Community Sentiment

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