Centerpoint Energy (CNP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CNP · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$41.58last close · Aug 4, 202652-week range $36.60$45.26 · 8.13% below the high

CNP Triangle Pattern

CNP is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $45.10 (+5.5%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; CNP's own triangles have hit 50.0%.

DirectionBullishTarget$45.10Projected move+5.5%Breakout level$42.84

New to this pattern? What a triangle is and how to trade it →

CNP's Most Recent Triangle Trade

CNP's most recent completed triangle resolved as a win: it broke higher on Jun 15, 2026 near $43.04, then reached its target at $43.73 on Jul 1, 2026 — a +0.36R move (1.6%) over 11 sessions. Across 175 backtested triangles, this setup wins 52.6% of the time.

OutcomeWinResult+0.36REntry$43.04Exit$43.73

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
CNP win rate
50.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

CNP Pattern Trade History

Every completed pattern trade our nightly backtest found on CNP's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 15, 2026 @ $43.04Jul 1, 2026 @ $43.73Win+0.36R
Rising WedgeJan 14, 2026 @ $38.96Jan 23, 2026 @ $38.78Loss-0.12R
Falling WedgeJun 26, 2025 @ $36.58Aug 11, 2025 @ $38.57Win+1.88R
TriangleJun 3, 2025 @ $36.93Jul 25, 2025 @ $38.36Loss-1.41R
Falling WedgeJan 15, 2025 @ $32.28Feb 27, 2025 @ $33.74Win+0.86R
Rising WedgeJun 25, 2024 @ $30.89Jul 9, 2024 @ $30.02Win+1.28R
TriangleApr 19, 2024 @ $28.46May 23, 2024 @ $29.35Win+0.57R
Rising WedgeApr 10, 2024 @ $27.41Apr 19, 2024 @ $28.53Loss-1.06R
Falling WedgeMar 5, 2024 @ $28.04May 23, 2024 @ $29.35Win+1.33R
TriangleNov 13, 2023 @ $27.13Dec 15, 2023 @ $28.86Win+2.92R
TriangleNov 8, 2023 @ $26.96Nov 28, 2023 @ $28.15Loss-1.13R
TriangleSep 22, 2022 @ $31.78Sep 27, 2022 @ $30.22Win+1.08R

CNP Support and Resistance Levels

Price is being turned away at a ceiling near $45.15 and starting to slide. On the weekly chart, the next floor below sits near $35.34 — about 15% away.

  • Traders commonly watch $35.34 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $45.15 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $35.49, resistance near $44.63. These are chart/swing-derived levels, not formula pivots.

Resistance
$44.63$45.22$47.35
Support
$35.49

CNP Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$42.27$42.27$41.06$41.58
Aug 3, 2026$41.69$42.49$41.69$41.92
Jul 31, 2026$42.01$42.39$41.87$42.04
Jul 30, 2026$43.11$43.42$41.91$42.15
Jul 29, 2026$44.51$44.63$42.81$42.93
Jul 28, 2026$43.57$45.26$43.57$44.10
Jul 27, 2026$44.33$44.63$43.73$44.01
Jul 24, 2026$44.59$44.75$44.32$44.56
Jul 23, 2026$43.50$44.30$43.50$44.23
Jul 22, 2026$43.14$43.75$42.98$43.68

CNP Frequently Asked Questions

What chart pattern is CNP forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Centerpoint Energy (CNP) on the daily chart, with a measured-move target of $45.10.
Is a triangle bullish or bearish?
The triangle detected on CNP is a bullish pattern, projecting a measured-move target of $45.10. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for CNP?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CNP's nearest support is around $35.49 and nearest resistance around $44.63.
What is the price target if CNP's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $45.10 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CNP's closing price on Aug 4, 2026?
Centerpoint Energy (CNP) last closed at $41.58 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.