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Downtrend Broken Resist.Archive - 10/24/2025 - 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 the negative week for the CenterPoint Energy (CNP). During the week, the CNP gave back -0.11 points, or -0.28%, and closed at 39.53 on Friday, October 24, 2025. 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 October 13, 2022 at 25.03 and reached 40.50 on September 29, 2025. CNP gained -15.47 points, or -61.81%, in 154 weeks. The chart has formed a Rectangle chart pattern. The uptrend resistance line (25.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a long-term trend.
Medium-term trend: [See CNP medium-term trend chart] A medium-term uptrend had started on September 4, 2025 at 36.61 and reached 40.50 on September 29, 2025. CNP gained -3.89 points, or -10.63%, in 3 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (39.62) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
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 above its signal line since October 10, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 October 23, 2025 at 40.49 and reached 39.37 on October 24, 2025. CNP lost 1.12 points, or 2.77%, in 1 days. The price is now at the 14.29% 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. A Parabolic SAR (stop and reversal) indicator (39.33) comes close to the price (39.53). It indicates that the trend is getting weaker. 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.
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