Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

CenterPoint Energy, Inc (Holding Co) (NYSE:CNP)

Bull Market Weakness (+75) - CNP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CNP
Open High Low CNP Price Change
28.74 29.05 28.45 28.97 +0.41
Entry Signal

MarketClub’s Trade Triangles for CNP

long term up The long-term trend has been UP since May 1st, 2023 at 30.965

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2023 at 30.075

short term up The short-term trend has been UP since Jun 2nd, 2023 at 28.440

Smart Scan Analysis for CNP

Based on our trend formula, CNP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CNP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.74 29.05 28.45 28.97 +0.41
Prev. Close Volume Bid Ask Time
28.97 2609466 2023-06-07 15:59:59
Year High29.06Year High Date2018-09-14
Year Low24.81Year Low Date2018-04-25
52wk High33.552wk High Date2022-09-23
52wk Low25.0352wk Low Date2022-10-13
Year End Close19.25Average Volume4,572,130
Shares Outstanding502,243Short Interest3,084,114
% Institutional76.3Market Cap15,272M
Assets377,520,000MLiabilities273,960,000M
P/E Ratio22.6667Beta0.4
Volatility16.68
Get a free daily analysis and signals for CenterPoint Energy, Inc (Holding Co) (CNP) - Request Your Free Report.