Pacific Gas & Electric(PCG)

Pacific Gas & Electric (PCG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PCG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$18.11last close · Jul 22, 202652-week range $13.31$19.16 · 5.46% below the high

PCG Rising Wedge Pattern

PCG is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge usually breaks lower, but PCG is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $19.05 (+9.3%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; PCG's own rising wedges have hit 48.4%.

DirectionBullishTarget$19.05Projected move+9.3%Breakout level$17.60

New to this pattern? What a rising wedge is and how to trade it →

PCG's Most Recent Rising Wedge Trade

PCG's most recent completed rising wedge resolved as a loss: it broke down on Jul 6, 2026 near $16.92, then was stopped out at $17.44 on Jul 14, 2026 — a 3.1% move (-1.01R) over 6 sessions. Across 121 backtested rising wedges, this setup wins 59.5% of the time.

OutcomeLossResult-3.1%R-1.01REntry$16.92Exit$17.44

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
PCG win rate
48.4%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

PCG Pattern Trade History

Every completed pattern trade our nightly backtest found on PCG's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 6, 2026 @ $16.92Jul 14, 2026 @ $17.44Loss+10.1% · -1.01R
TriangleNov 19, 2025 @ $16.11Feb 11, 2026 @ $17.10Loss+11.1% · -1.34R
TriangleOct 3, 2025 @ $15.72Oct 23, 2025 @ $16.30Win+9.1% · +0.42R
Rising WedgeSep 18, 2025 @ $14.86Oct 7, 2025 @ $16.20Loss+13.6% · -1.09R
Rising WedgeMay 28, 2025 @ $16.96Jun 9, 2025 @ $15.35Win+10.7% · +1.64R
Falling WedgeFeb 15, 2024 @ $16.39May 28, 2024 @ $18.22Win+8.6% · +4.07R
Bullish PennantSep 8, 2022 @ $12.87Oct 14, 2022 @ $13.83Win+9.7% · +1.07R
TriangleJun 19, 2020 @ $10.61Jun 30, 2020 @ $8.72Win+18.8% · +3.44R
Rising WedgeJun 9, 2020 @ $12.13Jun 22, 2020 @ $10.03Win+22.5% · +1.75R
Bullish PennantApr 8, 2019 @ $19.75May 1, 2019 @ $21.70Win+23.2% · +0.46R
TriangleNov 9, 2018 @ $22.24Nov 12, 2018 @ $21.49Win+8.4% · +0.31R
Rising WedgeOct 25, 2018 @ $23.52Nov 9, 2018 @ $22.08Win+7.9% · +1.39R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

PCG Support and Resistance Levels

Price was turned away at a ceiling near $20.22 about 3 months ago and has been sliding since. On the weekly chart, the next floor below sits near $15.68 — still about 13% away.

  • Traders commonly watch $15.68 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $20.22 ceiling about 3 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

PCG Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$17.60$18.11$17.50$18.11
Jul 21, 2026$17.42$17.61$17.28$17.49
Jul 20, 2026$17.37$17.49$17.29$17.43
Jul 17, 2026$17.71$17.85$17.27$17.32
Jul 16, 2026$17.56$17.69$17.37$17.53
Jul 15, 2026$17.43$17.56$17.29$17.51
Jul 14, 2026$17.60$17.81$17.30$17.44
Jul 13, 2026$17.20$17.56$17.19$17.37
Jul 10, 2026$17.19$17.25$17.02$17.17
Jul 9, 2026$17.08$17.24$16.99$17.18

PCG Frequently Asked Questions

What chart pattern is PCG forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Pacific Gas & Electric (PCG) on the daily chart, with a measured-move target of $19.05.
Is a rising wedge bullish or bearish?
The rising wedge detected on PCG is a bullish pattern, projecting a measured-move target of $19.05. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if PCG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $19.05 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PCG's closing price on Jul 22, 2026?
Pacific Gas & Electric (PCG) last closed at $18.11 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.