CNP

CenterPoint EnergyUtilities

$42.82+0.45%

Rectangle Ascending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$42.82

APRMAYJUN

Don't Miss CNP

A key Rectangle has formed on CNP. Analyze the breakout level now.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Ascending Triangle

Risk/Reward

1:1.42

Entry

$43.70

Stop

$41.78

Target

$46.42

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Ascending Triangle

Bullish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Traders are watching CenterPoint Energy (CNP) as price action tightens. Price has moved to $42.82 (0.45%) amidst recent volatility. Price action has carved out a classic Ascending Triangle. The trend indicator is reading 8.8/100, suggesting moderate momentum. A potential breakout level is identified at $43.7, targeting $46.42 with support near $41.78 (R:R 1.42).

Community Sentiment

What is your outlook on CNP?

Explore Related Markets

Peer Analysis

D Rectangle Aep Rectangle So Rectangle Es Rectangle Dte Ascending Triangle

Pattern Peers

Ndsn Rectangle Has Rectangle Ffiv Rectangle Mck Rectangle Grmn Rectangle