Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
US Only
Above 10, Above 20
50 SMA > 500K
CENTERPOINT ENERGY INC
New York Stock Exchange, Inc. / Utilities / Multi-Utilities
Technical Analysis
Fundamental Analysis
Analyst Ratings, Profile & Chart
Overall CNP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CNP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CNP did better than 92% of all other stocks. On top of that, CNP also shows a nice and consistent pattern of rising prices.
CNP is one of the better performing stocks in the Multi-Utilities industry, it outperforms 91% of 25 stocks in the same industry.
CNP is currently trading near its 52 week high, which is a good sign. Certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
In the last month CNP has a been trading in the 34.72 - 37.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
CNP has an average volume of 5759510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, CNP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 37.17. Right above this resistance zone may be a good entry point.
More info and screens
30.86
37.74
4 important support areas can be observed.
- A support zone ranging from 36.34 to 36.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 34.92 to 35.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.39 from a horizontal line in the daily time frame.
- A support zone ranging from 31.17 to 31.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.17 to 37.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.78
Mansfield2.83
10 Day High37.6
10 Day Low34.72
20 Day High37.7
20 Day Low34.72
52 Week High37.7
52 Week Low25.41
Performance
1 Week-0.25%
2 Weeks1.14%
1 Month2.01%
3 Month12.76%
6 Month24.5%
12 Month26.48%
2 Year19.76%
3 Year19.21%
5 Year114.27%
10 Year74.01%
15 Year154.11%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)54.72
LBB35.42
UBB37.73
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.38 | 36.33 | 1.05 (2.81%) | 25.00% |
| An entry @37.38. This is a Buy Stop order right above the resistance zone. | An exit @36.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.05 points, which is 2.81%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CNP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.