PG&E (PCG) stock has rallied approximately 14.0%, while peers Edison International (EIX) and Sempra Energy (SRE) have risen 8.0% and 13.0%, respectively, year-to-date. As we saw earlier, the Utilities Select Sector SPDR ETF (XLU) rose 11.0% so far this year. The SPDR S&P 500 (SPX-INDEX) (SPY) rose 13.0% in the same period.
The chart below shows the comparative stock price movement of PG&E against the broader utilities and markets.
PCG stock is currently trading at par with its 50-day moving average and at a 4.0% premium to its 200-day moving average. A bearish tone could set in if PG&E stock breaks below both those levels. Its RSI (relative strength index) currently looks stable at 57.
You can compare these three utility stocks in How Are California Utilities Positioned for the Future?