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Archive
- 5/22/2026 -
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CenterPoint Energy (CNP) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was a first positive week for the CenterPoint Energy (CNP). During the week, the CNP gained 1.30 points, or 3.13%, and closed at 42.83 on Friday, May 22, 2026. CNP was trading at average weekly trading volume.
 Long-term trend: [See CNP long-term trend chart]
A long-term uptrend had started on December 11, 2025 at 37.22 and reached 44.47 on April 9, 2026. CNP gained -7.25 points, or -19.48%, in 17 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (44.20) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See CNP medium-term trend chart]
A medium-term downtrend had started on April 9, 2026 at 44.47 and reached 41.20 on May 18, 2026. CNP lost 3.27 points, or 7.35%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 41.01 and resistance is at 43.68. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CNP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 1, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See CNP short-term trend chart]
A short-term uptrend had started on May 18, 2026 at 41.20 and reached 42.91 on May 20, 2026. CNP gained -1.71 points, or -4.15%, in 2 days. Price is near the trend high.
Daily Technical Indicators: [See CNP daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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