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A Guide To The Risks Of Investing In Centerpoint Energy Inc (CNP)

Centerpoint Energy Inc’s recent filing unveils that its Director Pound Ted unloaded Company’s shares for reported $0.21 million on Mar 03 ’25. In the deal valued at $34.50 per share,6,103 shares were sold. As a result of this transaction, Pound Ted now holds 46,803 shares worth roughly $1.58 million.

Then, Colvin Kristie sold 16,357 shares, generating $557,855 in total proceeds. Upon selling the shares at $34.10, the SVP and CAO now owns 118,882 shares.

Before that, Colvin Kristie sold 179 shares. Centerpoint Energy Inc shares valued at $6,100 were divested by the SVP and CAO at a price of $34.08 per share. As a result of the transaction, Colvin Kristie now holds 0 shares, worth roughly $0.0.

Guggenheim downgraded its Centerpoint Energy Inc [CNP] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. UBS also remained covering CNP and has increased its forecast on December 03, 2024 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of CNP

On Tuesday, Centerpoint Energy Inc [NYSE:CNP] saw its stock fall -2.55% to $33.69. Over the last five days, the stock has lost -1.55%. Centerpoint Energy Inc shares have risen nearly 6.18% since the year began. Nevertheless, the stocks have risen 22.51% over the past one year. While a 52-week high of $34.85 was reached on 03/03/25, a 52-week low of $25.41 was recorded on 01/08/25. SMA at 50 days reached $32.61, while 200 days put it at $30.23.

Levels Of Support And Resistance For CNP Stock

The 24-hour chart illustrates a support level at 33.31, which if violated will result in even more drops to 32.92. On the upside, there is a resistance level at 34.40. A further resistance level may holdings at 35.11. The Relative Strength Index (RSI) on the 14-day chart is 54.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.46%. Stochastics %K at 81.96% indicates the stock is a selling.

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