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Downtrend Broken Resist.Archive - 7/24/2026 - Sign In to see current Signals. |
CenterPoint Energy (CNP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the CenterPoint Energy (CNP). During the week, the CNP gained 1.43 points, or 3.32%, and closed at 44.56 on Friday, July 24, 2026. CNP was trading at average weekly trading volume. 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 December 11, 2025 at 37.22 and reached 45.22 on June 29, 2026. CNP gained -8.00 points, or -21.49%, in 28 weeks. The price is now at the 8.25% retracement level.
Medium-term trend: [See CNP medium-term trend chart] A medium-term uptrend had started on June 4, 2026 at 41.09 and reached 45.22 on June 29, 2026. CNP gained -4.13 points, or -10.05%, in 3 weeks. The price is now at the 15.98% retracement level.
Weekly Technical Indicators: [See CNP weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is below its signal line since May 1, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 June 29, 2026 at 45.22 and reached 42.49 on July 21, 2026. CNP lost 2.73 points, or 6.04%, in 22 days. The price is now at the 75.82% retracement level.
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.
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