Technical Analysis for CNP - Centerpoint Energy Inc

Grade Last Price % Change Price Change
A 27.34 0.48% 0.1300
CNP closed up 0.48 percent on Friday, January 21, 2022, on 1.23 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat
Historical CNP trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
Fell Below 50 DMA Bearish 0.48%
Bollinger Band Squeeze Range Contraction 0.48%
BB Squeeze + Lower Band Touch Range Contraction 0.48%
Lower Bollinger Band Touch Weakness 0.48%
20 DMA Resistance Bearish -0.04%
Older End-of-Day Signals for CNP ...

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Profile

Centerpoint Energy Inc Description

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Houston Electric T&D segment electric transmission and distribution services to electric utility. It owns 236 substation sites with a total installed rated transformer capacity of 68,053 megavolt amperes. Its Indiana Electric Integrated segment provides energy delivery services to electric customers and electric generation assets to electric customers and wholesale markets. The company's Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising home appliance maintenance and repair services. This segment owns approximately 98,000 linear miles of natural gas distribution mains. Its Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. It owns and operates 210 miles of intrastate pipeline in Louisiana and Texas; and leases transportation capacity on various interstate and intrastate pipelines, and storage. The company's Infrastructure Services segment offers underground pipeline construction and repair services. Its Midstream Investment segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of March 2, 2020, it served approximately 7 million electric and natural gas metered customers. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.


Classification

Sector: Utilities
Industry: Utilities—Regulated Gas
Keywords: Energy Natural Gas Transportation Midstream Gas Pipeline Gas Distribution Repair Services Delivery Services Electric Utility Natural Gas Pipeline Storage Services Energy Services Natural Gas Processing Natural Gas Distribution Gas Processing Southern Company Gas Gas Transportation Southern Company Electric And Natural Gas Public Utility Pipeline Transport Natural Gas Transportation Energy Delivery Gas Utilities Exelon Gas Meter Transportation Capacity Centerpoint Crude Oil Gathering Energy Delivery Services Pipeline Transportation Questar Pipeline

Is CNP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 28.37
52 Week Low 19.31
Average Volume 4,359,167
200-Day Moving Average 25.7685
50-Day Moving Average 27.2324
20-Day Moving Average 27.5660
10-Day Moving Average 27.4570
Average True Range 0.4792
ADX 12.97
+DI 19.1309
-DI 21.6592
Chandelier Exit (Long, 3 ATRs) 26.6124
Chandelier Exit (Short, 3 ATRs) 28.2376
Upper Bollinger Bands 27.9719
Lower Bollinger Band 27.1601
Percent B (%b) 0.22
BandWidth 2.9449
MACD Line 0.0113
MACD Signal Line 0.0781
MACD Histogram -0.0668
Fundamentals Value
Market Cap 14.9 Billion
Num Shares 545 Million
EPS 1.26
Price-to-Earnings (P/E) Ratio 21.68
Price-to-Sales 1.03
Price-to-Book 2.21
PEG Ratio 13.41
Dividend 0.60
Dividend Yield 2.19%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.2475
Resistance 3 (R3) 28.3117 28.0733 28.0963
Resistance 2 (R2) 28.0733 27.8422 28.0413 28.0458
Resistance 1 (R1) 27.7067 27.6994 27.8900 27.6425 27.9954
Pivot Point 27.4683 27.4683 27.5600 27.4363 27.4683
Support 1 (S1) 27.1017 27.2372 27.2850 27.0375 26.6846
Support 2 (S2) 26.8633 27.0944 26.8313 26.6342
Support 3 (S3) 26.4967 26.8633 26.5838
Support 4 (S4) 26.4325