CENTERPOINT ENERGY INC (CNP) Stock Technical Analysis
NYSE:CNP - New York Stock Exchange, Inc. - US15189T1079 - Common Stock - Currency: USD
Taking everything into account, CNP scores 4 out of 10 in our technical rating. CNP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CNP is part of the Multi-Utilities industry. There are 25 other stocks in this industry. CNP outperforms 70% of them.
CNP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNP is lagging the market slightly.
CNP has an average volume of 5395720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CNP turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
In the last month CNP has a been trading in a tight range between 35.52 and 37.55.
CNP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.14, a Stop Loss order could be placed below this zone.
More info and screens
34.88
39.45
We found 1 important support area.
- A support zone ranging from 35.23 to 36.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.00 to 39.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CNP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNP is neutral. |
| ChartMill Relative Strength | 54.03 | NEUTRAL | CNP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.1 | NEUTRAL | The RSI value for CNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CNP has a positive trend. |
| Stochastics (14,3) | 80.59 | OVERBOUGHT | The high Stochastics value suggests CNP may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for CNP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for CNP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
36.52
-0.22 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.6%
1 Week0.11%
2 Weeks1.53%
1 Month-2.48%
3 Month1.22%
6 Month15.42%
12 Month19.78%
2 Year21.37%
3 Year15.24%
5 Year92.11%
10 Year88.83%
15 Year156.64%
Volatility
ATR(14)0.54
ATR(20)%1.47%
ATR Inc19.74%
Range Today0.54
ADR(20)0.54
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.03
Mansfield0.47
10 Day High36.8
10 Day Low35.52
20 Day High37.56
20 Day Low35.52
52 Week High39.31
52 Week Low25.41
CS1 End36.14
CR1 Start39
Volume & EV
DER(3)1.91%
DER(5)2.74%
Volume5.36M
Volume Incr1.47%
Vol(5)5.98M
Vol(50)5.40M