Stock Analysis: Centerpoint Energy Inc (CNP)

Stock Analysis for Centerpoint Energy Inc (CNP)

The Interpreter
Hey Friend, I'm analysing CENTERPOINT ENERGY INC (CNP), and it is between the Support of $ 27.14 (PivotS2) and the Resistance of $ 27.55 (38.2% of Fibonacci). The stock is falling and may come close and reach $ 27.14 soon.

Centerpoint Energy Inc (CNP)

$ 27.21 -0.7%

Last Close 16-Apr-24

Trade CNP Now

Supports

Next Support: $ 27.14

Pivot S2: $ 27.14
Fibonacci 0%: $ 27.09
Triangle Level (0): $ 26.82

Resistances

Next Resistance: $ 27.55

Pivot S1: $ 27.59
Fibonacci 38.2%: $ 27.55
Triangle Level (2): $ 29.10

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 08 Apr 2024	Buy Price: 28.22	Profit: Open Day1 ($ 28.31)	Abandoned Baby	Buy
002 04 Mar 2024	Buy Price: 27.94	Profit: Open Day1 ($ 28.04)	Engulfing	Buy
003 06 Feb 2024	Buy Price: 27.61	Profit: Open Day1 ($ 27.77)	Piercing Line	Buy
004 10 Jan 2024	Buy Price: 29.25	Loss: Close Day2 ($ 28.57)	Engulfing	Buy
005 04 Jan 2024	Sell Price: 29.08	Profit: Open Day1 ($ 29.03)	Dark Cloud Cover	Sell
006 29 Nov 2023	Sell Price: 27.89	Loss: Close Day2 ($ 28.79)	Engulfing	Sell
007 18 Aug 2023	Buy Price: 28.19	Profit: Close Day1 ($ 28.28)	Engulfing	Buy
008 09 Aug 2023	Buy Price: 28.99	Profit: Open Day1 ($ 29.07)	Piercing Line	Buy
009 02 Aug 2023	Buy Price: 29.74	Loss: Close Day2 ($ 29.03)	Engulfing	Buy
010 02 Aug 2023	Buy Price: 29.80	Loss: Close Day2 ($ 29.03)	Piercing Line	Buy
011 30 Jun 2023	Buy Price: 29.15	Profit: Close Day1 ($ 29.45)	Abandoned Baby	Buy
012 21 Jun 2023	Buy Price: 29.43	Profit: Open Day1 ($ 29.52)	Engulfing	Buy
013One Year Average	Both Sides Result for 12 Signals	Loss: $ -2.10 ($ -0.18 / Signal) -7.3% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for CNP Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	27.46	BUY	2	27.56	BUY
3	27.44	BUY	3	27.52	BUY
5	27.47	BUY	5	27.54	BUY
8	27.65	BUY	8	27.62	BUY
13	27.88	SELL	13	27.73	SELL
21	27.91	SELL	21	27.81	SELL
34	27.95	SELL	34	27.87	SELL
55	27.87	SELL	55	27.92	SELL
90	28.14	SELL	90	27.98	SELL
200	28.21	SELL	200	28.24	SELL

Company Info +

Name & IPO

Centerpoint Energy Inc
IPO: 1943-08-16

Stock Ticker & Exchange

Ticker: CNPIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.centerpointenergy.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Electric Services

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
1	Assets +	33,471	35,439	27,009	22,736	21,829	21,334	23,200	21,870	22,871	21,703	20,111	19,773	19,676	129	127
2	Investments in and Advance to Affiliates +	783	2,408	2,482	2,472	2,505	2,594	4,521	4,518	405	472	468	463	345	0	0
3	Cash and Cash Equivalents +	147	241	4,231	260	341	264	298	208	646	220	199	740	167	129	127
4	Property +	22,362	20,945	14,044	13,057	12,307	11,537	10,502	9,593	13,597	12,402	11,732	10,788	10,296	0	0
5	Property +	32,514	30,685	20,267	19,031	17,831	16,650	15,358	14,138	18,377	16,868	16,005	0	0	0	0
6	Intangible Assets +	50	321	65	74	49	0	0	0	0	0	0	0	0	0	0
7	Finite-Lived Intangible Assets +	50	321	65	74	49	0	0	0	0	0	0	0	0	0	0
8	Liabilities and Equity +	33,471	35,439	27,009	22,736	21,829	21,334	23,200	21,870	22,871	21,703	20,111	19,773	19,676	1,811	0
9	Liabilities +	4,849	3,888	3,302	3,108	3,115	2,507	3,528	9,767	10,251	8,902	7,965	8,070	7,626	0	0
10	Debt and Lease Obligation +	24	0	0	39	35	40	53	43	38	62	53	55	153	0	0
11	Stockholders' Equity +	8,348	8,359	8,058	4,688	3,460	3,461	4,548	4,329	4,301	4,222	3,198	2,639	2,022	1,811	0
12	Stockholders' Equity Attributable to Parent +	8,348	8,359	8,058	4,688	3,460	3,461	4,548	4,329	4,301	4,222	3,198	2,639	2,022	1,811	0
13	Stockholders' Equity +	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0	0	0
14	Preferred Stock +	0	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0	0	0
15	Common Stock +	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0	0	0
16	Partners' Capital +	-845	632	349	543	-668	-657	-85	-88	-132	0	0	0	0	0	0
17	Partners' Capital +	-845	632	349	543	-668	-657	-85	-88	-132	0	0	0	0	0	0
18	Limited Liability Company (LLC) Members' Equity +	-935	534	241	475	-739	-723	0	0	0	0	0	0	0	0	0
19	Limited Liability Company (LLC) Members' Equity +	-935	534	241	475	-739	-723	0	0	0	0	0	0	0	0	0
20	Current Assets +	2,920	3,847	7,025	3,395	2,923	2,689	3,268	2,658	2,874	2,337	2,582	2,904	3,035	0	0
21	Cash +	871	822	540	960	953	805	930	767	540	386	367	300	218	0	0
22	Current Receivables +	505	586	378	427	335	279	357	398	339	326	835	790	1,009	0	0
23	Inventory +	297	269	200	175	181	179	0	285	322	353	375	327	569	0	0
24	Current Contract with Customer +	27	61	0	0	0	0	0	0	0	0	0	0	0	0	0
25	Derivative Instruments and Hedges +	0	136	100	110	51	89	99	24	36	87	54	39	118	0	0
26	Current Disposal Group +	0	1,002	0	0	0	0	0	0	0	0	0	0	0	0	0
27	Long-Term Assets +	4,980	5,443	1,090	1,058	1,035	986	987	9,619	6,400	6,964	5,797	6,081	6,345	0	0
28	Long-Term Disposal Group +	0	1,866	0	0	0	0	0	0	0	0	0	0	0	0	0
29	Long-Term Derivative Instruments and Hedges +	0	58	38	44	19	36	32	10	6	20	15	15	20	0	0
30	Current Liabilities +	4,825	3,888	3,302	3,069	3,080	2,467	3,475	3,019	3,575	2,593	2,620	3,038	2,848	0	0
31	Long-Term Liabilities +	28,368	31,442	18,576	17,800	16,865	16,955	16,634	6,705	6,638	6,247	5,292	4,977	4,625	0	0
32	Current Other Assets +	0	0	0	0	0	0	0	0	216	192	274	223	413	0	0
33	Current Regulatory Assets +	0	0	0	130	70	0	0	0	0	0	0	0	0	0	0
34	Total Current Assets +	2,920	3,847	7,025	3,395	2,923	2,689	3,268	2,658	2,874	2,337	2,582	2,904	3,035	0	0
35	Operating Lease +	31	63	0	0	0	0	0	0	0	0	0	0	0	0	0
36	Goodwill +	4,697	5,164	867	867	862	840	840	840	1,468	1,696	1,696	1,696	1,696	0	0
37	Long-Term Other Assets +	252	216	223	191	173	986	987	1,002	1,665	1,853	1,868	1,926	1,973	0	0
38	Long-Term Regulated Entity +	2,784	2,967	3,094	4,012	4,722	5,639	3,527	3,726	4,324	4,619	3,446	3,677	3,684	0	0
39	Total Long-Term Assets +	0	0	0	0	0	0	0	9,619	6,400	6,964	5,797	6,081	6,345	0	0
40	Total Assets +	33,471	35,439	27,009	22,736	21,829	21,334	23,200	21,870	22,871	21,703	20,111	19,773	19,676	0	0
41	Total Liabilities and Equity +	33,471	35,439	27,009	22,736	21,829	21,334	23,200	21,870	22,871	21,703	20,111	19,773	19,676	0	0

Income Statement +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
1	Operating Lease +	6	6	0	0	0	0	0	0	0	0	0	0	0	0
2	Total Revenues +	7,418	12,301	10,589	9,614	7,528	7,386	9,226	8,106	7,452	8,450	8,785	8,281	11,322	9,623
3	Total Cost of Goods and Services Sold +	-257	-4,029	-4,364	-3,785	-1,983	0	0	0	0	0	0	0	0	0
4	Depreciation +	0	0	0	0	0	0	0	0	0	529	531	496	0	0
5	Total Depreciation +	0	0	0	0	0	0	0	0	0	886	864	743	708	631
6	Gain (Loss) Related to Litigation Settlement +	0	0	0	0	0	0	0	0	0	0	0	-3	0	-32
7	Asset Retirement Obligation +	16	16	10	8	10	6	5	5	7	5	5	0	0	0
8	Accounts Receivable +	24	16	16	14	7	19	22	21	16	26	30	36	0	0
9	Gain (Loss) on Disposition of Oil and Gas and Timber Property +	0	0	0	0	0	0	0	0	0	0	21	0	0	0
10	Total Operating Expenses +	0	0	0	0	0	0	0	-7,096	-6,414	-7,152	-7,536	-7,157	-10,049	-8,438
11	Total Operating Income (Loss) +	1,039	1,226	831	1,072	959	933	935	1,010	1,038	1,298	1,249	1,124	1,273	1,185
12	Derivative Instruments Not Designated as Hedging Instruments +	-60	-78	-123	188	-361	103	-40	-172	-91	-7	0	0	0	0
13	Total Other Nonoperating Income (Expense) +	60	50	50	60	35	46	36	24	38	23	12	39	14	17
14	Total Nonoperating Income (Expense) +	-1,904	-297	-317	-9	-273	-2,063	-50	-229	-281	-124	-544	-576	-550	-597
15	Interest Expense +	0	5	0	0	0	0	0	0	0	0	0	0	0	0
16	Interest Expense +	0	0	0	0	0	0	0	0	0	0	0	3	0	27
17	Total Gain (Loss) on Extinguishment of Debt +	2	0	0	0	0	0	0	0	0	0	0	0	0	0
18	Total Interest and Debt Expense +	-501	-528	-361	-313	-338	-352	-353	-351	-422	-456	-481	-513	-468	-509
19	Total Income (Loss) from Continuing Operations before Equity Method Investments +	0	0	0	0	0	0	0	781	757	1,174	705	548	723	588
20	Income (Loss) from Equity Method Investments +	-1,428	230	307	265	208	-1,633	308	188	31	30	29	15	51	16
21	Total Income (Loss) from Continuing Operations before Income Taxes +	-865	929	514	1,063	686	-1,130	885	781	757	1,174	705	548	0	0
22	Income Tax Expense (Benefit) +	274	-138	-146	729	-254	438	-274	-470	-340	-404	-263	-176	-277	-193
23	Discontinued Operation +	37	155	-37	0	0	0	0	0	0	0	0	0	0	0
24	Discontinued Operation +	16	109	-28	0	0	0	0	0	0	0	0	0	0	0
25	Total Net Income (Loss) Attributable to Parent +	-773	791	368	1,792	432	-692	611	311	417	1,357	442	372	446	395
26	Preferred Stock Dividends +	144	117	35	0	0	0	0	0	0	0	0	0	0	0
27	Total Preferred Stock Dividends and Other Adjustments +	-176	-117	-35	0	0	0	0	0	0	0	0	0	0	0
28	Total Net Income (Loss) Available to Common Stockholders +	-949	674	333	1,792	432	0	0	0	0	0	0	0	0	0
29	Total Income (Loss) from Continuing Operations +	-591	682	396	0	0	0	0	0	0	0	0	0	0	0
30	Total Income (Loss) from Discontinued Operations +	-182	109	-28	0	0	0	0	0	0	0	0	0	0	0
31	Income (Loss) from Continuing Operations +	-1.45	1.12	0.80	0	0	0	0	0.73	0.98	1.81	1.08	0	0	0
32	Discontinued Operation +	-0.34	0.22	-0.06	0	0	0	0	0	0	0	0	0	0	0
33	Total Earnings Per Share +	-1.79	1.34	0.74	4.16	1	-1.61	1.42	0.73	0.98	3.19	1.08	1.02	1.32	1.23
34	Income (Loss) from Continuing Operations +	-1.45	1.12	0.80	0	0	0	0	0.73	0.98	1.81	1.08	0	0	0
35	Income (Loss) from Continuing Operations +	-1.45	1.12	0.80	0	0	0	0	0.72	0.97	1.80	1.07	0	0	0
36	Discontinued Operation +	-0.34	0.21	-0.06	0	0	0	0	0	0	0	0	0	0	0
37	Total Earnings Per Share +	-1.79	1.33	0.74	4.13	1	-1.61	1.42	0.72	0.97	3.17	1.07	1.01	1.30	1.15
38	Common Stock Dividends +	0	0.86	1.12	0.28	1.03	0.99	0.95	0.83	0.81	0.79	0.78	0.76	0	0
39	Common Stock Dividends +	0	0	0	1.35	2.06	1.98	0	0	0	0	0	0	0	0
40	Discontinued Operation +	37	155	-37	0	0	0	0	0	0	0	0	0	0	0

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.