CENTERPOINT ENERGY INC (CNP) Stock Technical Analysis
USA - NYSE:CNP - US15189T1079 - Common Stock
Taking everything into account, CNP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CNP has proven to be a steady performer, scoring decent points in every aspect analyzed.
CNP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.48, a Stop Loss order could be placed below this zone.
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34.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.55 to 39.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.49 from a horizontal line in the daily time frame.
- A support zone ranging from 35.23 to 35.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.65 to 40.23. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for CNP is up. |
| ChartMill Relative Strength | 80.07 | POSITIVE | CNP has a high relative strength, it outperformed 80.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNP is above the rising 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) | 54.63 | NEUTRAL | The RSI value for CNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CNP has a negative trend. |
| Stochastics (14,3) | 58.05 | NEUTRAL | The Stochastics value for CNP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for CNP suggests low volalility. |
| Average Directional Index/ADX (14) | 30.58 | POSITIVE | The high ADX value value for CNP suggests a strong trend. |
39.53
-0.07 (-0.18%)
CENTERPOINT ENERGY INC / CNP FAQ
Can you provide the ChartMill technical rating for CENTERPOINT ENERGY INC?
ChartMill assigns a technical rating of 10 / 10 to CNP.
What is the current trend direction of CENTERPOINT ENERGY INC (CNP) stock?
The current trend direction for CENTERPOINT ENERGY INC (CNP) is Bullish.
Can you provide the RSI signal for CENTERPOINT ENERGY INC?
CENTERPOINT ENERGY INC (CNP) has an RSI value of 54.6305. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CENTERPOINT ENERGY INC?
The MACD indicator for CENTERPOINT ENERGY INC (CNP) has a value of -0.0155821, indicating a bearish trend.
Can you provide the support and resistance levels for CENTERPOINT ENERGY INC?
CENTERPOINT ENERGY INC (CNP) has a support level at 39.48 and a resistance level at 39.65. Check the full technical report for our detailed analysis of CNP support and resistance levels.