Back

Bullish Case: CNP shows resilience and strategic growth with a bullish risk disparity. Incremental improvement in price action could lead to appreciation.


Bearish Case: Persisting community concerns and recent negative price movements suggest potential headwinds and price pressure on CNP.


Potential Outcomes:

1. Positive sentiment yields moderate price growth (30%).

2. Community relations worsen, affecting stock negatively (25%).

3. Stagnation leads to flat price action (45%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 09, 2024


Centerpoint Energy Forecast

CNP        Centerpoint Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CNP



XLU Forecast + Options Trading Strategies   XLU  Utilities Select Sector SPDR (0.88)


AES Forecast + Options Trading Strategies   AES  AES (0.87)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.87)


BKH Forecast + Options Trading Strategies   BKH  Black Hills (0.87)


ED Forecast + Options Trading Strategies   ED  Consolidated Edison (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to CNP



REAL Forecast + Options Trading Strategies   REAL  Therealreal (0.0)


IAT Forecast + Options Trading Strategies   IAT  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (-0.0)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (0.0)


CIFR Forecast + Options Trading Strategies   CIFR  Cipher Mining (0.0)


APAM Forecast + Options Trading Strategies   APAM  Artisan Partners Asset (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CNP



FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.62)


TUR Forecast + Options Trading Strategies   TUR  BlackRock Institutional Trust Company N.A. - iShares MSCI Turkey (-0.63)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.73)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.75)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.77)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CNP


 Ask me any question!