US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

CNP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $43.52 and stabilize above resistance $44.95.

Invalidation Trigger

Break above $44.95 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -0.015

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4257 (0.99%)

4h

EMA Structure

Bearish
EMA 8$43.32Bearish
EMA 21$43.52Bearish
EMA 50$43.66Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -0.015

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4257 · BB 4.14%

Low volatility

Strength
Bullish
Volume
MFI 40.7 · OBV 7.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.6 - $44.95

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.2% · 5.3 ATR above latest close

$45.37
Nearest resistance

+4.21% · 4.3 ATR above · 34-bar high

$44.95
Current price

Price shown is delayed

$43.13
Nearest support

-1.24% · 1.3 ATR below · 34-bar low

$42.6
Deeper support zone

-2.23% · 2.3 ATR below latest close

$42.17
ATR zone

Latest close ± ATR14

$42.7 - $43.56

Indicators

Trend

Dow Theory Structure

Confirmation $42.6, invalidation $44.06

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

Trend strength is moderate

18.7 / 32.0 / 36.1Bearish
Supertrend (10,3)

Price is above Supertrend

$41.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.49 / $44.44Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$0.4257 (0.99%)Bullish
Bollinger Bands (20,2)

Width 4.14%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.48 / $42.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$42.7 / $43.56Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.95Range
Support

Nearest Downside Decision Level

$42.6Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-0.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.8 / 37.4Bearish
Williams %R (14)

Neutral zone

-74.2Range
CCI (20)

Balanced zone

-80.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.7Bearish
OBV slope

20-period OBV slope

7.47%Bullish
Volume ratio

Relative to 20-period average volume

1.30xBullish

Trend

Dow Theory Structure

Confirmation $42.6, invalidation $44.06

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

Trend strength is moderate

18.7 / 32.0 / 36.1Bearish
Supertrend (10,3)

Price is above Supertrend

$41.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.49 / $44.44Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-0.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.8 / 37.4Bearish
Williams %R (14)

Neutral zone

-74.2Range
CCI (20)

Balanced zone

-80.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.4257 (0.99%)Bullish
Bollinger Bands (20,2)

Width 4.14%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.48 / $42.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$42.7 / $43.56Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.7Bearish
OBV slope

20-period OBV slope

7.47%Bullish
Volume ratio

Relative to 20-period average volume

1.30xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.95Range
Support

Nearest Downside Decision Level

$42.6Range

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