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Downtrend Broken Resist.Archive
- 7/10/2026 -
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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 dropped -1.07 points, or -2.40%, and closed at 43.54 on Friday, July 10, 2026. It was the worst weekly loss since May 8, 2026. Weekly volume was 26% 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. The price is now at the 8.32% retracement level.
 Medium-term trend: [See CNP medium-term trend chart]
A medium-term downtrend had started on June 29, 2026 at 45.22 and reached 43.29 on July 9, 2026. CNP lost 1.93 points, or 4.27%, in 1 weeks. The price is now at the 12.95% retracement 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 downtrend had started on July 7, 2026 at 45.10 and reached 43.29 on July 9, 2026. CNP lost 1.81 points, or 4.01%, in 2 days. The price is now at the 13.81% 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 below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 declined below 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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