CNP technical analysis
CNP Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
CNP Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- CNP
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 41.58 | August 4, 2026 | - | Verified |
| Verification series | 41.59 | August 4, 2026 | 0.02% | Verified |
Bottom line
CNP Technical Analysis Summary
CNP has moved from a sustained uptrend into a corrective phase after trading near its 52-week high of 45.26. On the daily chart, price at 41.58 is below SMA20 (43.25) and SMA50 (43.14) but remains above SMA200 (41.12), so the longer-term trend is intact while near-term momentum has weakened. The weekly chart shows a similar pattern: price at 42.04 is below SMA20 (42.90) but well above SMA50 (40.59) and SMA200 (31.80), after the latest completed week fell 5.66%. RSI14 at 37.17 (daily) and 49.03 (weekly) shows momentum losing strength without reaching oversold extremes. The MACD histogram is negative on both timeframes at -0.26 (daily) and -0.16 (weekly), confirming short-term selling pressure. Key support sits at 41.06 (20-day low) and 40.98 (60-day low), while resistance is at 43.25 (SMA20) and 45.26 (52-week high). Volume picked up on the decline, with daily volume at 144.9% of the 20-day average. A sustained close below 40.98 would signal a deeper correction, while reclaiming SMA20 on the daily chart would suggest the pullback is ending.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Mixed with a short-term bearish tilt. Price at 41.58 is below SMA20 (43.25, -3.86%) and SMA50 (43.14, -3.62%) but remains above SMA200 (41.12, +1.12%). SMA20 and SMA50 have rolled over after the recent decline while SMA200 keeps its upward slope, so the daily structure reads as a correction inside a longer-term uptrend.
- Momentum
- Bearish in the near term. RSI14 at 37.17 is below the 50 midline, showing that downward momentum has been building, though the reading is not yet in oversold territory. MACD line at -0.33 is below the signal line at -0.07, and the histogram at -0.26 is negative, pointing to continued short-term weakness.
- Volatility
- Low to moderate. ATR14 at 0.98 (2.36% of price) reflects a modest expansion from the usual utility range as price fell from the recent high. Bollinger Bands (41.58 to 44.91) show price trading right at the lower band, consistent with the recent pullback rather than a volatility breakdown.
- Volume
- Above average. Latest volume of 9,488,900 is 144.9% of the 20-period average (6,549,455), showing that participation increased as price declined. Elevated volume on the down move adds mild caution and suggests the pullback has conviction.
Assessment
The daily timeframe has moved from a bullish to a corrective structure. Price is below SMA20 and SMA50 with a negative MACD histogram, so near-term momentum favors sellers. The stock still holds above SMA200, and the 20-day low at 41.06 means the pullback has room before it threatens the longer-term uptrend. The 252-period return remains positive at +9.55% and the 52-week position is 60.26%, so this reads as a correction within a larger advance rather than a reversal, unless 40.98 gives way.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 42.04 is below SMA20 (42.90, -2.00%) but above SMA50 (40.59, +3.57%) and SMA200 (31.80, +32.20%). The latest completed week fell 5.66%, pulling price back below the weekly SMA20 while SMA50 and SMA200 continue to slope upward.
- Momentum
- Neutral to soft. RSI14 at 49.03 is just below the 50 midline, showing a loss of weekly upside momentum without turning oversold. MACD line at 0.83 remains above zero but is below the signal line at 0.98, and the histogram at -0.16 is negative, indicating momentum is cooling on the weekly timeframe as well.
- Volatility
- Moderate. ATR14 at 1.84 (4.37% of price) reflects the wider weekly ranges typical for this name. Bollinger Bands (40.94 to 44.85) are moderately wide, and price is trading in the lower half, consistent with the weekly pullback.
- Volume
- Above average. Weekly volume of 35,281,000 is 130.7% of the 20-week average (26,991,025), showing participation stayed elevated during the down week, which adds mild caution.
Assessment
The weekly timeframe still confirms the long-term uptrend, with price well above SMA200 and strong 60-period (+17.42%) and 252-period (+90.41%) returns. However, the sharp -5.66% weekly bar and the negative MACD histogram show the trend has entered a corrective phase. The key weekly support to watch is 41.09 (20-week low), with the 60-week low at 34.68 further below.
Key indicators
CNP Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 37.17 | 49.03 |
| MACD (12, 26, 9) | -0.33 / -0.07 / -0.26 | 0.83 / 0.98 / -0.16 |
| ATR (14) | 0.98 (2.36%) | 1.84 (4.37%) |
| Bollinger Bands (20, 2) | 41.58 - 44.91 | 40.94 - 44.85 |
| SMA (20) | 43.25 | 42.90 |
| SMA (50) | 43.14 | 40.59 |
| SMA (200) | 41.12 | 31.80 |
Price structure
CNP Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 41.58 | 42.04 |
| 1-Period Return | -0.81% | -5.66% |
| 5-Period Return | -5.71% | -6.66% |
| 20-Period Return | -6.52% | -3.95% |
| 60-Period Return | -1.02% | +17.42% |
| 252-Period Return | +9.55% | +90.41% |
| 52-Week Low | 36.00 | 36.00 |
| 52-Week High | 45.26 | 45.26 |
| 52-Week Position | 60.26% | 65.23% |
Key levels
CNP Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 45.26 | 45.26 |
| 20-Period Low | 41.06 | 41.09 |
| 60-Period High | 45.26 | 45.26 |
| 60-Period Low | 40.98 | 34.68 |
Scenarios
CNP Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims SMA20 (43.25) on the daily chart and closes back toward 45.26 (52-week high) with improving volume.
Invalidation
Price breaks below 40.98 (60-day low).
What to watch
Daily closes above SMA20 with RSI recovering above 50, the daily MACD histogram turning positive, and weekly RSI holding above 45. A move through 44.91 (upper Bollinger Band) would target 45.26 (52-week high).
Range-Bound
Trigger
Price oscillates between 40.98 support and 43.25 (SMA20) resistance while holding above SMA200 (41.12) as the market digests the pullback.
Invalidation
A decisive break of either boundary with above-average volume.
What to watch
RSI staying between 30 and 55 on the daily, the daily MACD histogram flattening near zero, volume normalizing toward the 20-day average, and price holding the 41.00 to 41.06 zone on dips.
Bearish
Trigger
Price closes below 40.98 (60-day low), which would also put it under SMA200 (41.12).
Invalidation
Price reclaims SMA20 (43.25) and holds above it.
What to watch
Sustained closes below SMA200, a daily MACD histogram expanding further negative, RSI falling below 35, and volume rising on down days. A break of 40.98 would open the path toward the 41.09 weekly low zone and the lower 40s.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.