The best indicator for CenterPoint Energy (CNP)
We backtested 382 indicators across daily, weekly and hourly charts on real CenterPoint Energy (CNP) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where CenterPoint Energy (CNP) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
On-Balance Volume
On the weekly chart, this is the strongest risk-adjusted edge we found for CenterPoint Energy (CNP) over ~65.0 years — trailing buy-and-hold by 0.8% CAGR.
CenterPoint Energy (CNP) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for CenterPoint Energy (CNP) — trailing buy-and-hold by 4.0% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | On-Balance Volume ✓ | Weekly | 7.1% | 0.51 | -42.6% | 42.2% | 206 | -0.8% |
| 2 | T3 15/60 Cross ✓ | Weekly | 6.9% | 0.51 | -42.5% | 64.0% | 25 | -0.9% |
| 3 | PMax ✓ | Weekly | 7.6% | 0.54 | -39.8% | 78.6% | 14 | -0.2% |
| 4 | SMA 20/80 Cross ✓ | Weekly | 7.0% | 0.5 | -42.1% | 64.0% | 25 | -0.8% |
| 5 | T3 10/40 Cross ✓ | Weekly | 6.6% | 0.49 | -50.3% | 61.1% | 36 | -1.3% |
| 6 | TRIX (21) ✓ | Weekly | 7.0% | 0.49 | -47.9% | 64.0% | 25 | -0.9% |
| 7 | EMA 20/50 Cross ✓ | Weekly | 6.7% | 0.48 | -42.8% | 50.0% | 34 | -1.1% |
| 8 | SMA 20/50 Cross ✓ | Weekly | 7.0% | 0.48 | -51.6% | 64.7% | 34 | -0.9% |
| 9 | Price Volume Trend ✓ | Weekly | 6.8% | 0.48 | -42.9% | 47.3% | 150 | -1.0% |
| 10 | McGinley 10/30 Cross ✓ | Weekly | 7.4% | 0.48 | -57.4% | 47.6% | 21 | -0.4% |
| 11 | EMA 20/80 Cross ✓ | Weekly | 6.8% | 0.48 | -52.1% | 66.7% | 18 | -1.0% |
| 12 | SMC: Fair Value Gap ✓ | Daily | 6.9% | 0.46 | -43.5% | 45.1% | 749 | -0.9% |
| 13 | EMA 15/60 Cross ✓ | Weekly | 6.4% | 0.46 | -50.3% | 51.6% | 31 | -1.5% |
| 14 | ROC (60) ✓ | Weekly | 6.3% | 0.46 | -60.2% | 50.0% | 76 | -1.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on CenterPoint Energy (CNP)
6 of 731 tested setups beat buy-and-hold on CenterPoint Energy (CNP) outright. Another 167 could get there with leverage they would survive — but 363 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | 1 | 1.22× | 2.14× |
| CCI | 1 | none needed | 1.84× |
| Money Flow Index | 1 | none needed | 2.24× |
| Ultimate Oscillator | 1 | none needed | 1.81× |
| T3 10/40 Cross | 1 | none needed | 3.24× |
| SMC: Change of Character | 1 | none needed | 3.13× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For CenterPoint Energy (CNP), On-Balance Volume on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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