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Archive
- 8/15/2025 -
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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 -0.71 points, or -1.83%, and closed at 38.12 on Friday, August 15, 2025. It was the worst weekly loss since May 9, 2025. Weekly volume was -20% 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 March 19, 2020 at 11.58 and reached 39.39 on August 5, 2025. CNP gained -27.81 points, or -240.16%, in 280 weeks. Price is near the trend high.
 Medium-term trend: [See CNP medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 25.03 and reached 39.39 on August 5, 2025. CNP gained -14.36 points, or -57.37%, in 146 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 25.62 and resistance is at 39.48. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
 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 30, 2025. The distance between MACD and the signal line is low and getting smaller. 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 August 5, 2025 at 39.39 and reached 37.93 on August 15, 2025. CNP lost 1.46 points, or 3.71%, in 10 days. The price is now at the 13.01% 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 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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