US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

1 weekBearish61%
Weekly Downside probability 61%Bearish

CNP 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $42.59 and stabilize above resistance $45.26.

Invalidation Trigger

Break above $45.26 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.4, MACD -0.325

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $1.98 (4.87%)

Weekly

EMA Structure

Bullish
EMA 8$42.72Bearish
EMA 21$42.59Bearish
EMA 50$40.96Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.4 · MACD -0.325

Momentum is weak

Strength
Bearish
Volatility
ATR $1.98 · BB 9.70%

Medium volatility

Strength
Range
Volume
MFI 51.0 · OBV -34.80%

Relative to 20-period average volume

Strength
Range
Price Levels
$37.34 - $45.26

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.13% · 3.3 ATR above latest close

$47.24
Nearest resistance

+11.26% · 2.3 ATR above · 34-bar high

$45.26
Current price

Price shown is delayed

$40.68
Nearest support

-8.21% · 1.7 ATR below · 34-bar low

$37.34
Deeper support zone

-13.08% · 2.7 ATR below latest close

$35.36
ATR zone

Latest close ± ATR14

$38.7 - $42.66

Indicators

Trend

Dow Theory Structure

Confirmation $45.22, invalidation $41.6

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

Trend strength is moderate

15.5 / 10.4 / 20.1Bearish
Supertrend (10,3)

Price is above Supertrend

$34.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.63 / $40.93Bearish
Donchian Channel (20)

20-period breakout channel position

8%Range

Volatility

ATR (14)

Medium volatility

$1.98 (4.87%)Range
Bollinger Bands (20,2)

Width 9.70%

-4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.87 / $38.39Range
ATR channel lower / upper

Current Volatility Envelope

$38.7 / $42.66Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.26Range
Support

Nearest Downside Decision Level

$37.34Range

Momentum

RSI (14)

Momentum is weak

43.4Bearish
MACD (12,26,9)

Histogram is negative

-0.325Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.3 / 38.4Bearish
Williams %R (14)

Oversold zone

-91.7Bullish
CCI (20)

Weak expansion

-189.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.0Range
OBV slope

20-period OBV slope

-34.80%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Trend

Dow Theory Structure

Confirmation $45.22, invalidation $41.6

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

Trend strength is moderate

15.5 / 10.4 / 20.1Bearish
Supertrend (10,3)

Price is above Supertrend

$34.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.63 / $40.93Bearish
Donchian Channel (20)

20-period breakout channel position

8%Range

Momentum

RSI (14)

Momentum is weak

43.4Bearish
MACD (12,26,9)

Histogram is negative

-0.325Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.3 / 38.4Bearish
Williams %R (14)

Oversold zone

-91.7Bullish
CCI (20)

Weak expansion

-189.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$1.98 (4.87%)Range
Bollinger Bands (20,2)

Width 9.70%

-4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.87 / $38.39Range
ATR channel lower / upper

Current Volatility Envelope

$38.7 / $42.66Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.0Range
OBV slope

20-period OBV slope

-34.80%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.26Range
Support

Nearest Downside Decision Level

$37.34Range

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