US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

1 hourRange49%
1h Range probability 98%Range

CNP 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $40.98 - $42.41 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBearish
Momentum soft

RSI 52.5, MACD -0.028

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2857 (0.69%)

1h

EMA Structure

Bullish
EMA 8$41.77Bearish
EMA 21$41.62Bullish
EMA 50$41.21Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.5 · MACD -0.028

Neutral zone

Strength
Bearish
Volatility
ATR $0.2857 · BB 2.71%

Low volatility

Strength
Bullish
Volume
MFI 48.7 · OBV -5.89%

Relative to 20-period average volume

Strength
Range
Price Levels
$40.98 - $42.41

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.51% · 3.7 ATR above latest close

$42.7
Nearest resistance

+1.82% · 2.7 ATR above · 34-bar high

$42.41
Current price

Price shown is delayed

$41.65
Nearest support

-1.62% · 2.4 ATR below · 34-bar low

$40.98
Deeper support zone

-2.31% · 3.4 ATR below latest close

$40.69
ATR zone

Latest close ± ATR14

$41.36 - $41.94

Indicators

Trend

Dow Theory Structure

Confirmation $42.24, invalidation $41.49

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

25.6 / 31.9 / 32.5Bearish
Supertrend (10,3)

Price is above Supertrend

$40.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.78 / $41.3Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Volatility

ATR (14)

Low volatility

$0.2857 (0.69%)Bullish
Bollinger Bands (20,2)

Width 2.71%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.19 / $41.07Bullish
ATR channel lower / upper

Current Volatility Envelope

$41.36 / $41.94Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$42.41Range
Support

Nearest Downside Decision Level

$40.98Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-0.028Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.4 / 47.6Bearish
Williams %R (14)

Neutral zone

-59.6Range
CCI (20)

Balanced zone

-7.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.7Range
OBV slope

20-period OBV slope

-5.89%Bearish
Volume ratio

Relative to 20-period average volume

2.31xBullish

Trend

Dow Theory Structure

Confirmation $42.24, invalidation $41.49

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

25.6 / 31.9 / 32.5Bearish
Supertrend (10,3)

Price is above Supertrend

$40.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.78 / $41.3Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-0.028Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.4 / 47.6Bearish
Williams %R (14)

Neutral zone

-59.6Range
CCI (20)

Balanced zone

-7.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.2857 (0.69%)Bullish
Bollinger Bands (20,2)

Width 2.71%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.19 / $41.07Bullish
ATR channel lower / upper

Current Volatility Envelope

$41.36 / $41.94Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.7Range
OBV slope

20-period OBV slope

-5.89%Bearish
Volume ratio

Relative to 20-period average volume

2.31xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$42.41Range
Support

Nearest Downside Decision Level

$40.98Range

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