Technical Analysis for CNP - CenterPoint Energy, Inc (Holding Co)

Grade Last Price % Change Price Change
C 26.70 -1.66% -0.45
CNP closed down 1.66 percent on Thursday, September 28, 2023, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -1.66%
Down 3 Days in a Row Weakness -1.66%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1 ATR about 20 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
Fell Below Lower Bollinger Band about 20 hours ago
Down 1% about 20 hours ago
Fell Below Previous Day's Low about 21 hours ago

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CenterPoint Energy, Inc (Holding Co) Description

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Electric Transmission & Distribution segment engages in the transmission and distribution of electricity to retail electric providers (REPs), municipalities, electric cooperatives, and other distribution companies. As of December 31, 2012, this segment owned 28,011 pole miles of overhead distribution lines and 3,713 circuit miles of overhead transmission lines; 21,151 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 233 substations with a capacity of 54,325 megavolt amperes. Its Natural Gas Distribution segment is involved in regulated intrastate natural gas sales to, and natural gas transportation for residential, commercial, and industrial customers; provides unregulated services consisting of heating, ventilating, and air conditioning (HVAC) equipment and appliance repair; and sells HVAC, and hearth and water heating equipment. As of December 31, 2012, this segment owned approximately 72,000 linear miles of natural gas distribution mains. The CenterPoint Energy, Inc.'s Competitive Natural Gas Sales and Services segment offers physical natural gas supplies primarily to commercial and industrial customers, and electric and gas utilities; natural gas management services; and physical delivery services and financial products. The company's Interstate Pipelines segment operates approximately 8,000 miles of natural gas transmission lines, and 6 natural gas storage fields. Its Field Services segment provides operating and technical services, and remote data monitoring and communication services; and owns and operates approximately 4,600 miles of gathering pipelines and processing plants that collect, treat, and process natural gas. The company was founded in 1882 and is headquartered in Houston, Texas.


Sector: Utilities
Industry: Utilities - Regulated Gas
Keywords: S&P 500 Natural Gas Electricity Financial Products Electromagnetism Fuel HVAC Communication Services Ventilating Natural Gas Storage Gas Transmission Natural Gas Distribution Field Services Natural Gas Transmission Public Utility Gas Utilities Gas Transportation Electric Power Transmission Natural Gas Transportation Gas Storage Fields Water Heating Natural Gas Storage Fields Oklahoma Natural Gas Gas Distribution Mains Natural Gas Management Natural Gas Sales Natural Gas Transmission Lines

Is CNP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 31.2236
52 Week Low 24.5381
Average Volume 3,822,228
200-Day Moving Average 29.00
50-Day Moving Average 28.65
20-Day Moving Average 28.14
10-Day Moving Average 28.22
Average True Range 0.46
RSI (14) 27.54
ADX 25.82
+DI 14.66
-DI 39.60
Chandelier Exit (Long, 3 ATRs) 27.91
Chandelier Exit (Short, 3 ATRs) 27.99
Upper Bollinger Bands 29.53
Lower Bollinger Band 26.76
Percent B (%b) -0.02
BandWidth 9.84
MACD Line -0.27
MACD Signal Line -0.10
MACD Histogram -0.1713
Fundamentals Value
Market Cap 14.55 Billion
Num Shares 545 Million
EPS 1.26
Price-to-Earnings (P/E) Ratio 21.17
Price-to-Sales 1.03
Price-to-Book 2.21
PEG Ratio 13.41
Dividend 0.60
Dividend Yield 2.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.73
Resistance 3 (R3) 27.81 27.55 27.56
Resistance 2 (R2) 27.55 27.29 27.51 27.50
Resistance 1 (R1) 27.13 27.13 27.00 27.04 27.44
Pivot Point 26.87 26.87 26.80 26.82 26.87
Support 1 (S1) 26.44 26.60 26.31 26.36 25.96
Support 2 (S2) 26.18 26.44 26.14 25.90
Support 3 (S3) 25.76 26.18 25.84
Support 4 (S4) 25.67