CenterPoint Energy Inc (CNP)
CenterPoint Energy, Inc. is an American Fortune 500 electric and natural gas utility serving several markets in the American states of Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 60.08% per annum.
- CNP price at the close of August 25, 2025 was $37.70 and was lower than the bottom border of the primary price channel by $2.81 (6.94%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 11.92% per annum.
- CNP price at the close of August 25, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of CNP price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 30, 2024
End date: June 3, 2025
a = 1.4018
b = 0.0013
s = 0.0264
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 60.08%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0264) – 1
= 11.16%
July 30, 2024 calculations
Top border of price channel:
Exp(Y986)
= Exp(a + b × X986 + 2 × s)
= Exp(a + b × 1,434 + 2 × s)
= Exp(1.4018 + 0.0013 × 1,434 + 2 × 0.0264)
= Exp(3.3033)
= $27.20
Bottom border of price channel:
Exp(Y986)
= Exp(a + b × X986 – 2 × s)
= Exp(a + b × 1,434 – 2 × s)
= Exp(1.4018 + 0.0013 × 1,434 – 2 × 0.0264)
= Exp(3.1975)
= $24.47
June 3, 2025 calculations
Top border of price channel:
Exp(Y1,197)
= Exp(a + b × X1,197 + 2 × s)
= Exp(a + b × 1,742 + 2 × s)
= Exp(1.4018 + 0.0013 × 1,742 + 2 × 0.0264)
= Exp(3.7003)
= $40.46
Bottom border of price channel:
Exp(Y1,197)
= Exp(a + b × X1,197 – 2 × s)
= Exp(a + b × 1,742 – 2 × s)
= Exp(1.4018 + 0.0013 × 1,742 – 2 × 0.0264)
= Exp(3.5946)
= $36.40
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 60.08% per annum.
- CNP price at the close of August 25, 2025 was $37.70 and was lower than the bottom border of the primary price channel by $2.81 (6.94%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: March 14, 2025
End date: August 25, 2025
a = 3.0674
b = 0.0003
s = 0.0253
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0003) – 1
= 11.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0253) – 1
= 10.66%
March 14, 2025 calculations
Top border of price channel:
Exp(Y1,142)
= Exp(a + b × X1,142 + 2 × s)
= Exp(a + b × 1,661 + 2 × s)
= Exp(3.0674 + 0.0003 × 1,661 + 2 × 0.0253)
= Exp(3.6307)
= $37.74
Bottom border of price channel:
Exp(Y1,142)
= Exp(a + b × X1,142 – 2 × s)
= Exp(a + b × 1,661 – 2 × s)
= Exp(3.0674 + 0.0003 × 1,661 – 2 × 0.0253)
= Exp(3.5294)
= $34.10
August 25, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.0674 + 0.0003 × 1,825 + 2 × 0.0253)
= Exp(3.6813)
= $39.70
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.0674 + 0.0003 × 1,825 – 2 × 0.0253)
= Exp(3.5801)
= $35.88
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 11.92% per annum.
- CNP price at the close of August 25, 2025 was inside the secondary price channel.