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

Auto-detected technical analysis for CNP · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$44.22last close · Jun 25, 2026

CNP Bullish Pennant Pattern

No chart pattern is currently detected on CNP. The most recent was a Bullish Pennant, detected Jun 18, 2026.

A Bullish Pennant is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $44.73 (+4.3%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; CNP's own bullish pennants have hit 68.6%.

DirectionBullishTarget$44.73Projected move+4.3%Breakout level$42.93

CNP's open Symmetrical Triangle setup

CNP is in an open Symmetrical Triangle setup — it broke higher near $43.50, projecting a target near $44.73, with invalidation at $41.60.

How Bullish Pennants have performed

Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
CNP win rate
68.6%

Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.

CNP support and resistance levels

On the weekly chart, price is resting in the open space between a floor below near $35.08 and a ceiling above near $46.73.

  • No fresh touch at either edge yet, so there's no lean either way.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

Nearest auto-detected support sits near $35.13. These are chart/swing-derived levels, not formula pivots.

Support
$35.13$34.25

CNP recent daily prices

DateOpenHighLowClose
Jun 25, 2026$44.22$44.49$43.59$44.22
Jun 24, 2026$43.74$43.95$43.31$43.86
Jun 23, 2026$43.36$43.65$42.85$43.50
Jun 22, 2026$41.60$43.46$41.60$43.12
Jun 18, 2026$42.89$43.34$42.59$42.82
Jun 17, 2026$43.37$43.57$42.39$42.63
Jun 16, 2026$43.21$43.70$42.62$43.35
Jun 15, 2026$42.62$43.33$42.48$43.07
Jun 12, 2026$42.75$43.05$42.58$42.90
Jun 11, 2026$42.87$43.17$42.52$42.55

CNP frequently asked questions

What chart pattern is CNP forming right now?
No pattern is currently detected on CNP. The most recent was a Bullish Pennant, detected Jun 18, 2026.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on CNP is a bullish pattern, projecting a measured-move target of $44.73. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. 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 Jun 25, 2026), CNP's nearest support is around $35.13 and nearest resistance around n/a.
What is the price target if CNP's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $44.73 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CNP's closing price on Jun 25, 2026?
Centerpoint Energy (CNP) last closed at $44.22 on Jun 25, 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.

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