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Archive - 10/17/2025 - 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 a fourth consecutive positive week for the CenterPoint Energy (CNP). During the week, the CNP gained 0.40 points, or 1.02%, and closed at 39.64 on Friday, October 17, 2025. Weekly volume was -9% 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 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 Broadening Ascending Wedge chart pattern. The trend support level is at 39.31 and resistance is at 42.83. 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 October 13, 2025 at 38.94 and reached 40.17 on October 16, 2025. CNP gained -1.23 points, or -3.16%, in 3 days. The price is now at the 43.09% retracement level.
Daily Technical Indicators: [See CNP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since September 11, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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