CENTERPOINT ENERGY INC (CNP) Stock Technical Analysis
NYSE:CNP - New York Stock Exchange, Inc. - US15189T1079 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CNP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CNP did better than 70% of all other stocks. We also observe that the gains produced by CNP over the past year are nicely spread over this period.
CNP is part of the Multi-Utilities industry. There are 25 other stocks in this industry. CNP outperforms 83% 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.
In the last month CNP has a been trading in the 35.46 - 37.98 range, which is quite wide. It is currently trading near the high of this range.
CNP has an average volume of 5385690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CNP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.88
39.45
When analyzing the support we can see 3 important areas.
- Support @37.73 from a horizontal line in the daily time frame.
- A support zone ranging from 36.42 to 36.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 39.00 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 | UP | POSITIVE | The short term trend for CNP is up. |
| ChartMill Relative Strength | 70.79 | POSITIVE | CNP has a high relative strength, it outperformed 70.79% 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) | DOWN | MIXED | The current price of CNP is above 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) | 66.48 | NEUTRAL | The RSI value for CNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CNP has a positive trend. |
| Stochastics (14,3) | 92.23 | OVERBOUGHT | The high Stochastics value suggests CNP may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for CNP suggests low volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for CNP suggests a possible start of a new 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)
NYSE:CNP (7/23/2025, 10:11:09 AM)
37.765
+0.01 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.01%
1 Week4.77%
2 Weeks5.47%
1 Month4.11%
3 Month-1.13%
6 Month16.69%
12 Month28.61%
2 Year25.49%
3 Year19.15%
5 Year98.63%
10 Year95.24%
15 Year165.36%
Volatility
ATR(14)0.57
ATR(20)%1.46%
ATR Inc-5.69%
Range Today0.28
ADR(20)0.54
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.79
Mansfield0.58
10 Day High37.98
10 Day Low35.59
20 Day High37.98
20 Day Low35.46
52 Week High39.31
52 Week Low25.41
CS1 End37.73
CR1 Start39
Volume & EV
DER(3)4.79%
DER(5)2.36%
Volume593.97K
Volume Incr1.18%
Vol(5)4.94M
Vol(50)5.39M