The Greedy Trader Weekly Analysis
Sign In Apr 2, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 3/27/2026 -
Sign In to see current Signals.

CenterPoint Energy (CNP) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorLane's Stochastic is overbought
Daily :Lane's Stochastic is oversold
Move cursor over the icon to see details.

It was a first positive week for the CenterPoint Energy (CNP). During the week, the CNP climbed 0.36 points, or 0.86%, and closed at 42.38 on Friday, March 27, 2026. Weekly volume was -26% below average.

CNP is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See CNP long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 25.03 and reached 44.39 on March 17, 2026. CNP gained -19.36 points, or -77.35%, in 178 weeks. The price is now at the 10.38% retracement level.

Medium-term trend: [See CNP medium-term trend chart]
A medium-term uptrend had started on December 11, 2025 at 37.22 and reached 44.39 on March 17, 2026. CNP gained -7.17 points, or -19.26%, in 13 weeks. The price is now at the 28.03% retracement level.

Weekly Technical Indicators: [See CNP weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See CNP short-term trend chart]
A short-term downtrend had started on March 17, 2026 at 44.39 and reached 41.56 on March 24, 2026. CNP lost 2.83 points, or 6.38%, in 7 days. The price is now at the 28.98% retracement level.

Daily Technical Indicators: [See CNP daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic.

The daily MACD line is below its signal line since March 5, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.45
Williams' Percentage Range (W%R) 71.70
Lane's Stochastic (%D-Slow) 17.69
Oversold
Greed/Fear Indicator (GFI) 28.14
Moving Average Converg./Diverg. (MACD) 0.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.43
Williams' Percentage Range (W%R) 28.30
Lane's Stochastic (%D-Slow) 84.56
Overbought
Greed/Fear Indicator (GFI) 71.79
Moving Average Converg./Diverg. (MACD) 1.06
Trading Signals
Description Value Chart
Upper Bollinger Band 44.08
Weekly Stochastic Crossing 43.44
Parabolic System 43.24
20 Day Moving Average 43.07
Price 42.38
Daily Stochastic Crossing 41.99
50 Day Moving Average 41.75
Lower Bollinger Band 41.19
Sector and Industry
Description Name Rank
Sector Utilities 11
Industry Multi-Utilities 106
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 41.56
Low Date 03/24/2026
High 42.81
High Date 03/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 44.39
High Date 03/17/2026
Low 41.56
Low Date 03/24/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 37.22
Low Date 12/11/2025
High 44.39
High Date 03/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.03
Low Date 10/13/2022
High 44.39
High Date 03/17/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 11.58
Low Date 03/19/2020
High 44.39
High Date 03/17/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.