CenterPoint Energy (CNP) Enters Overbought Territory – Tale of the Tape

Zacks

Although CenterPoint Energy, Inc. (CNP) is up over 3.7% in the past four weeks, investors may be concerned. After all, CNP is now in overbought territory, at least when looking at its RSI value of 72.4. If that wasn’t enough, investors should also note that CenterPoint Energy possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CNP shares before too long.

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