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(CNP) Centerpoint Energy complete technical analysis [charts+indicators] | Buy/Sell Centerpoint Energy | (CNP) share price targets

Complete technical analysis of Centerpoint Energy (CNP) by charts plus indicators, forecast predictions and share price targets for Centerpoint Energy (CNP)

Centerpoint Energy trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-05-06 View latest technical analysis

10 day averaged volume of Centerpoint Energy is 4552600

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	29.32	29.49	29.54	29.25	0.777 times
03 Fri May 2024	29.45	29.56	29.67	29.16	0.802 times
02 Thu May 2024	29.40	29.43	29.58	29.23	1.345 times
01 Wed May 2024	29.32	29.08	29.46	28.97	1.328 times
30 Tue Apr 2024	29.14	28.94	29.28	28.45	1.621 times
29 Mon Apr 2024	29.22	28.96	29.26	28.95	0.81 times
26 Fri Apr 2024	28.85	29.33	29.35	28.84	0.733 times
25 Thu Apr 2024	29.34	29.07	29.43	28.86	1.234 times
24 Wed Apr 2024	29.07	28.51	29.18	28.35	0.903 times
23 Tue Apr 2024	28.73	28.70	28.98	28.65	0.568 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.3, but if it comes below 29.3, then a intra day sell could be more profitable.
If you take a sell trade below 29.3, then use 29.3 as stoploss and 28.51 as target. However if you take a buy trade in stock , then use 29.3 as stoploss and 30.2 as target.

Share price targets for Centerpoint Energy (CNP)

Target Type	Value
Downside Target	26.90
Downside Target	28.35
Downside Target	28.71
Downside Target	28.97
Downside Target	29.25
Upside Target	29.43
Upside Target	29.46
Upside Target	29.54
Upside Target	29.67

Intraday share price targets for Centerpoint Energy (CNP)

Target Type	Value
Downside Intraday Target	29.2
Downside Intraday Target	29.08
Upside Intraday Target	29.49
Upside Intraday Target	29.66
Upside Intraday Target	29.37

Weekly technical analysis of Centerpoint Energy (CNP)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	29.32	29.49	29.54	29.25	0.132 times
03 Fri May 2024	29.45	28.96	29.67	28.45	1.443 times
26 Fri Apr 2024	28.85	28.53	29.43	28.35	0.793 times
19 Fri Apr 2024	28.53	27.59	28.53	26.90	0.989 times
12 Fri Apr 2024	27.46	28.11	28.47	27.22	1.086 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Centerpoint Energy (CNP)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	29.32	29.08	29.67	28.97	0.196 times
30 Tue Apr 2024	29.14	28.48	29.43	26.90	1.085 times
28 Thu Mar 2024	28.49	27.46	28.71	27.06	1.262 times
29 Thu Feb 2024	27.50	27.83	28.38	26.95	0.761 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Centerpoint Energy (CNP)

Price action analysis of Centerpoint Energy ( (CNP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Centerpoint Energy ( (CNP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Centerpoint Energy ( (CNP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Centerpoint Energy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Centerpoint Energy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Centerpoint Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Centerpoint Energy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Centerpoint Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.22 and Centerpoint Energy (CNP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Centerpoint Energy (CNP) stock. Volume based technical analysis of Centerpoint Energy (CNP) stock is negative.

Centerpoint Energy Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.