CenterPoint Energy Higher With High Volume

Facebook (FB)

JP Morgan (JPM)

AutoZone (AZO)

Yahoo (YHOO)

Apple (AAPL)

Medtronic Reports Fourth Quarter Earnings

Cracker Barrel Reports Earnings, Increases Guidance

Best ETFs For Facebook Exposure

Is Yum! Brands Closing in to Support?

Intuitive Surgical Bullish Signs

CenterPoint Energy Higher With High Volume

Published on Friday, 20 January 2012 11:38 Written by Danny Miller

cnp New York, January 20th (TradersHuddle.com) - Unusual high volume detected on shares of CenterPoint Energy, Inc. (NYSE:CNP), early in the trading session. CenterPoint Energy is currently trading higher by 0.6%, so definitely the buyers stepping in, as the stock's volume is on pace to break its average.

CenterPoint Energy, Inc. (NYSE:CNP) is a public utility holding company. The Company, through its subsidiaries, conducts activities in electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations, and power generation.

CenterPoint Energy has already traded 0.846 times its 3-month average volume, and has calculated support and resistance at $18.74 and $20.46 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.

The overall market index S&P 500 is trading lower by -0.3% from its previous trading close, which means that CenterPoint Energy stock is outperforming the overall market.

CenterPoint Energy Stock To Go Ex-dividend Monday (CNP) - TheStreet.com
UPDATE: Bank of America Upgrades CenterPoint Energy; Raises PO - Benzinga
CenterPoint Energy Inc (CNP): Today's Featured Utilities Loser - TheStreet.com
UPDATE: Deutsche Bank Cuts PT to $21.50 on CenterPoint Energy - Benzinga
CenterPoint Energy Rises On Unusually High Volume (CNP) - TheStreet.com
CenterPoint Energy Stock To Go Ex-dividend Tomorrow (CNP) - TheStreet.com
10 Worst-Performing S&P 500 Stocks in January - TheStreet.com
CenterPoint Energy Field Services Proposes New Gathering System in Mississippi Lime Area - Benzinga
CenterPoint Energy Stock To Go Ex-dividend Monday (CNP) - TheStreet.com
CenterPoint Energy Inc (CNP): Today's Featured Utilities Loser - TheStreet.com

Volatile market? That's when profit potential skyrockets for options traders. Now you can get up to 50 trade opportunities a week from top options experts -- plus much more -- on our exciting new site OptionsProfits. Try it FREE!