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Stock Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

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
27.84 28.15 27.77 27.94 +0.07
Entry Signal

MarketClub’s Trade Triangles for CNP

long term up The long-term trend has been UP since Dec 13th, 2023 at 29.290

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 28.260

short term down The short-term trend has been DOWN since Mar 13th, 2024 at 28.085

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
27.84 28.15 27.77 27.94 +0.07
Prev. Close Volume Bid Ask Time
27.87 2637665 2024-03-18 15:59:59
Year High29.06Year High Date2018-09-14
Year Low24.81Year Low Date2018-04-25
52wk High31.43552wk High Date2023-07-26
52wk Low25.4252wk Low Date2023-10-03
Year End Close19.25Average Volume4,314,147
Shares Outstanding502,243Short Interest3,084,114
% Institutional76.3Market Cap15,272M
Assets397,150,000MLiabilities300,480,000M
P/E Ratio20.3431Beta0.4
Volatility16.68
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