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

Auto-detected technical analysis for PCG · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$17.45last close · Aug 4, 202652-week range $14.14 – $19.16 · 8.9% below the high
Rising Wedge · playing out now

PCG is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 50% of the time.

As long as price stays below $18.44, it's in play — a daily close back above there calls it off.

The move's natural target sits near $16.20.

PCG Rising Wedge Pattern

PCG is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBearishTarget$16.20Projected move−9.2%Breakout level$17.64

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

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
PCG win rate
51.9%

Historical pattern statistics (2006-08-04 – 2026-08-04), 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 1, 2026 @ $16.80Jul 14, 2026 @ $17.44Loss-1.01R
TriangleNov 19, 2025 @ $16.11Feb 11, 2026 @ $17.10Loss-1.34R
TriangleOct 3, 2025 @ $15.72Oct 23, 2025 @ $16.30Win+0.42R
Rising WedgeSep 19, 2025 @ $14.83Oct 7, 2025 @ $16.20Loss-1.09R
Rising WedgeMay 28, 2025 @ $16.96Jun 9, 2025 @ $15.35Win+1.64R
Falling WedgeOct 14, 2024 @ $19.82Oct 25, 2024 @ $20.36Win+1.23R
Falling WedgeMar 22, 2024 @ $16.53May 28, 2024 @ $18.22Win+3.19R
Falling WedgeFeb 15, 2024 @ $16.39May 28, 2024 @ $18.22Win+4.07R
TriangleJan 8, 2024 @ $18.05Jan 16, 2024 @ $17.11Loss-1.11R
Rising WedgeDec 19, 2023 @ $17.41Feb 5, 2024 @ $16.38Win+1.13R
Rising WedgeAug 1, 2023 @ $17.44Aug 18, 2023 @ $16.53Win+1.46R
Falling WedgeMar 2, 2023 @ $15.75Mar 10, 2023 @ $15.83Win+0.10R

PCG Support and Resistance Levels

Price is bouncing off a floor near $17.00 and starting to climb. On the weekly chart, the next ceiling overhead sits near $20.56 — about 18% away.

  • Traders commonly watch $20.56 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $17.00 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $17.05, resistance near $20.57. These are chart/swing-derived levels, not formula pivots.

Resistance
$20.57
Support
$17.05$15.68

PCG Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$17.27$17.65$17.14$17.45
Aug 3, 2026$17.42$17.51$16.95$17.43
Jul 31, 2026$17.70$17.79$17.37$17.38
Jul 30, 2026$17.66$17.83$17.34$17.78
Jul 29, 2026$17.90$17.93$17.63$17.71
Jul 28, 2026$17.76$18.44$17.72$17.78
Jul 27, 2026$17.77$17.99$17.50$17.60
Jul 24, 2026$17.66$17.98$17.52$17.85
Jul 23, 2026$17.81$17.99$17.46$17.54
Jul 22, 2026$17.60$18.11$17.50$18.11

PCG Frequently Asked Questions

What chart pattern is PCG forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Pacific Gas & Electric (PCG) on the daily chart, with a measured-move target of $16.20.
Is a rising wedge bullish or bearish?
The rising wedge detected on PCG is a bearish pattern, projecting a measured-move target of $16.20. 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 (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for PCG?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PCG's nearest support is around $17.05 and nearest resistance around $20.57.
What is the price target if PCG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $16.20 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PCG's closing price on Aug 4, 2026?
Pacific Gas & Electric (PCG) last closed at $17.45 on Aug 4, 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.