CNP Crosses Below Key Moving Average Level


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In trading on Monday, shares of CenterPoint Energy, Inc (Symbol: CNP) crossed below their 200 day moving average of $23.82, changing hands as low as $23.81 per share. CenterPoint Energy, Inc shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of CNP shares, versus its 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 $22.22 per share, with $25.65 as the 52 week high point - that compares with a last trade of $23.86.

According to the ETF Finder at ETF Channel, CNP makes up 3.46% of the PowerShares DWA Utilities Momentum Portfolio ETF (Symbol: PUI) which is trading lower by about 0.1% on the day Monday.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: CNP , PUI

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