US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

1 hourRange48%
1h Range probability 96%Range

CNP 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $38.52 - $39.73 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 54.3, MACD -0.010

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2371 (0.6%)

1h

EMA Structure

Bearish
EMA 8$39.27Bullish
EMA 21$39.3Bullish
EMA 50$39.44Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.3 · MACD -0.010

Neutral zone

Strength
Bullish
Volatility
ATR $0.2371 · BB 2.25%

Low volatility

Strength
Bullish
Volume
MFI 81.0 · OBV 7.87%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$38.52 - $39.73

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.13% · 1.9 ATR above latest close

$39.97
Nearest resistance

+0.53% · 0.9 ATR above · 34-bar high

$39.73
Current price

Price shown is delayed

$39.52
Nearest support

-2.54% · 4.2 ATR below · 34-bar low

$38.52
Deeper support zone

-3.14% · 5.2 ATR below latest close

$38.28
ATR zone

Latest close ± ATR14

$39.28 - $39.76

Indicators

Trend

Dow Theory Structure

Confirmation $39.06, invalidation $39.72

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

25.2 / 31.3 / 39.3Bearish
Supertrend (10,3)

Price is above Supertrend

$38.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.28 / $39.45Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

Low volatility

$0.2371 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.25%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$39.8 / $38.79Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.28 / $39.76Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.73Range
Support

Nearest Downside Decision Level

$38.52Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.010Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.5 / 38.1Bullish
Williams %R (14)

Neutral zone

-23.5Range
CCI (20)

Balanced zone

47.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

81.0Bullish
OBV slope

20-period OBV slope

7.87%Bullish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Trend

Dow Theory Structure

Confirmation $39.06, invalidation $39.72

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

25.2 / 31.3 / 39.3Bearish
Supertrend (10,3)

Price is above Supertrend

$38.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.28 / $39.45Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.010Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.5 / 38.1Bullish
Williams %R (14)

Neutral zone

-23.5Range
CCI (20)

Balanced zone

47.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.2371 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.25%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$39.8 / $38.79Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.28 / $39.76Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

81.0Bullish
OBV slope

20-period OBV slope

7.87%Bullish
Volume ratio

Relative to 20-period average volume

0.39xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.73Range
Support

Nearest Downside Decision Level

$38.52Range

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