Bollinger Band Analysis Review of CenterPoint Energy, Inc. (NYSE:CNP)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of CenterPoint Energy, Inc. (NYSE:CNP) for the period of 9-Day stands at 93.46% while the stochastic %D for the same period stands at 92.98%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of CenterPoint Energy, Inc. (NYSE:CNP) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for CenterPoint Energy, Inc. (NYSE:CNP) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently CenterPoint Energy, Inc. (NYSE:CNP)’s 20-Day Bollinger Band indicates “Hold”.

About Company

CenterPoint Energy is a domestic energy delivery company that includes electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations. They serve customers in Arkansas, Illinois, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Oklahoma, Texas, and Wisconsin.

Previous Day Activity Analysis

On the last trading day, CenterPoint Energy, Inc. (NYSE:CNP) opened the session at $29.83 and after going down -0.47% closed at $29.81. The stock lost -0.02 points in the last trade.

CenterPoint Energy, Inc. (NYSE:CNP)’s stock fluctuated in the range of $29.65 and $29.92 during the previous active session. CenterPoint Energy, Inc. (NYSE:CNP) traded with the volume of 2.32 Million with average volume of 2.74 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.62 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.41 and 53.8 respectively.

Currently the Insider Ownership of the shares of CenterPoint Energy, Inc. (NYSE:CNP) is at 0.1% and the shares outstanding are 433.21 Million.

Important Ratio Analysis

Some important ratios to consider here for CenterPoint Energy, Inc. (NYSE:CNP) are discussed below:

Dividend yield of CenterPoint Energy, Inc. (NYSE:CNP) stands at 3.59% whereas Price to Earnings P/E ratio stands at 21.31 while Forward P/E shows the value of 20.98.

The PEG ratio (Price to Earning to Growth) emits the value of 2.91. The Price to Sale P/S and Price to Book P/B shows the value of 1.46 and 3.6 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.18 and 0 correspondingly.

The Quick Ratio of CenterPoint Energy, Inc. (NYSE:CNP) stands at 0.8 while the Current Ratio depicts the value of 0.9.

Return on Assets ROA of CenterPoint Energy, Inc. (NYSE:CNP) is at 2.2% whereas, Return on Equity ROE and Return of Investment ROI of CenterPoint Energy, Inc. (NYSE:CNP) stand at 13.4% and 5.5% respectively.

The payout ratio of CenterPoint Energy, Inc. (NYSE:CNP) stands at 95.4%.

Stock Performance Analysis

The stock performance of CenterPoint Energy, Inc. (NYSE:CNP) on the basis of 5 day trade show the jump of 0.24% whereas, the monthly performance of the stock shows increase of 1.71%.

The quarterly performance of the stock remained in green zone with the value of 3.44% while six month performance of the shares of CenterPoint Energy, Inc. (NYSE:CNP) remained bullish with the count of 9.23%.

The yearly and YTD performance of CenterPoint Energy, Inc. (NYSE:CNP) remained up at 28.44% and 20.98% respectively.