CenterPoint Energy Breaks Above 200-Day Moving Average - Bullish for CNP

In trading on Wednesday, shares of CenterPoint Energy, Inc ( CNP) crossed above their 200 day moving average of $23.82, changing hands as high as $23.87 per share. CenterPoint Energy, Inc shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of CNP shares, versus its 200 day moving average:

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

CenterPoint Energy, Inc 200 Day Moving Average Chart

Looking at the chart above, CNP's low point in its 52 week range is $20.00 per share, with $25.65 as the 52 week high point — that compares with a last trade of $23.84.

According to the ETF Finder at ETF Channel, CNP makes up 1.95% of the Utilities Select Sector SPDR Fund ETF ( XLU) which is trading higher by about 0.3% on the day Wednesday.

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