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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Sidelines Mode (-55) - CNP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
29.030 29.435 28.895 29.380 +0.500
Entry Signal

MarketClub’s Trade Triangles for CNP

long term up The long-term trend has been UP since May 1st, 2024 at 29.425

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 30.150

short term up The short-term trend has been UP since Jul 22nd, 2024 at 29.175

Smart Scan Analysis for CNP

Based on our trend formula, CNP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.030 29.435 28.895 29.380 +0.500
Prev. Close Volume Bid Ask Time
28.880 3911198 2024-07-26 15:59:53
Year High29.06Year High Date2018-09-14
Year Low24.81Year Low Date2018-04-25
52wk High31.56552wk High Date2024-06-21
52wk Low25.4252wk Low Date2023-10-03
Year End Close19.25Average Volume5,970,554
Shares Outstanding639,724Short Interest3,084,114
% Institutional76.3Market Cap15,272M
Assets401,990,000MLiabilities302,010,000M
P/E Ratio20.338Beta0.4
Volatility16.68
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