US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

4 hoursBearish56%
4h Downside probability 56%Bearish

CNP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $39.44 and stabilize above resistance $41.53.

Invalidation Trigger

Break above $41.53 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 49.4, MACD 0.064

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4078 (1.03%)

4h

EMA Structure

Bearish
EMA 8$39.28Bullish
EMA 21$39.44Bullish
EMA 50$40.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD 0.064

Neutral zone

Strength
Bullish
Volatility
ATR $0.4078 · BB 4.27%

Low volatility

Strength
Bullish
Volume
MFI 52.7 · OBV 5.01%

Relative to 20-period average volume

Strength
Range
Price Levels
$38.46 - $41.53

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.12% · 5.9 ATR above latest close

$41.94
Nearest resistance

+5.09% · 4.9 ATR above · 34-bar high

$41.53
Current price

Price shown is delayed

$39.52
Nearest support

-2.69% · 2.6 ATR below · 34-bar low

$38.46
Deeper support zone

-3.73% · 3.6 ATR below latest close

$38.05
ATR zone

Latest close ± ATR14

$39.11 - $39.93

Indicators

Trend

Dow Theory Structure

Confirmation $38.46, invalidation $39.73

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

Trend strength is active

28.4 / 22.2 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$38.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.65 / $40.07Bearish
Donchian Channel (20)

20-period breakout channel position

54%Range

Volatility

ATR (14)

Low volatility

$0.4078 (1.03%)Bullish
Bollinger Bands (20,2)

Width 4.27%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$40.21 / $38.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.11 / $39.93Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.53Range
Support

Nearest Downside Decision Level

$38.46Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

0.064Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.5 / 59.3Bullish
Williams %R (14)

Overbought zone

-16.5Bearish
CCI (20)

Balanced zone

50.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.7Range
OBV slope

20-period OBV slope

5.01%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $38.46, invalidation $39.73

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

Trend strength is active

28.4 / 22.2 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$38.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$39.65 / $40.07Bearish
Donchian Channel (20)

20-period breakout channel position

54%Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

0.064Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.5 / 59.3Bullish
Williams %R (14)

Overbought zone

-16.5Bearish
CCI (20)

Balanced zone

50.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.4078 (1.03%)Bullish
Bollinger Bands (20,2)

Width 4.27%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$40.21 / $38.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$39.11 / $39.93Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.7Range
OBV slope

20-period OBV slope

5.01%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.53Range
Support

Nearest Downside Decision Level

$38.46Range

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