CenterPoint Energy Inc

CNP remains in a Stage 4 decline with clear lower highs and lower lows below declining EMAs, confirming sustained bearish structure. The medium-term bias is Bearish, permitting only sell-side engagement. Short-term conditions favor selling now as rallies into the 9- and 20-day EMAs and the 50-day SMA have been repeatedly rejected. Execution should be Sell Now on any retreat into the resistance band around the 39.50–39.90 zone.

• ↑Q2 non-GAAP EPS $0.40; reaffirmed FY26 guidance at $1.89–$1.91
• ↑$66.7B infrastructure capex plan requires no new equity
• ↓Elevated leverage from $3.3B debt issuance increased interest cost by 4¢ per share