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Downtrend Broken Resist.Archive
- 7/2/2026 -
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CenterPoint Energy (CNP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the CenterPoint Energy (CNP). During the week, the CNP gave back -0.43 points, or -0.95%, and closed at 44.61 on Thursday, July 2, 2026. It was the worst weekly loss since May 29, 2026. Weekly volume was 39% above average.
CNP is a member of Utilities Sector. Utilities is the second 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 45.22 on June 29, 2026. CNP gained -20.19 points, or -80.66%, in 193 weeks. Price is near the trend high.
 Medium-term trend: [See CNP medium-term trend chart]
A medium-term downtrend had started on June 29, 2026 at 45.22 and reached 43.72 on July 1, 2026. CNP lost 1.50 points, or 3.32%, in 0 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 July 1, 2026 at 43.72 and reached 44.63 on July 2, 2026. CNP gained -0.91 points, or -2.08%, in 1 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 Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 daily MACD line is above its signal line since June 8, 2026. This is an indication that the short-term trend is up.
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