US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

4 hoursBearish84%
4h Downside probability 84%Bearish

CNP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $41.4 and stabilize above resistance $45.19.

Invalidation Trigger

Break above $45.19 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.5, MACD 0.029

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4557 (1.12%)

4h

EMA Structure

Bearish
EMA 8$40.81Bearish
EMA 21$41.4Bearish
EMA 50$42.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.5 · MACD 0.029

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4557 · BB 6.03%

Low volatility

Strength
Bullish
Volume
MFI 47.1 · OBV -30.62%

Relative to 20-period average volume

Strength
Range
Price Levels
$40.32 - $45.19

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.21% · 10.9 ATR above latest close

$45.65
Nearest resistance

+11.09% · 9.9 ATR above · 34-bar high

$45.19
Current price

Price shown is delayed

$40.68
Nearest support

-0.9% · 0.8 ATR below · 34-bar low

$40.32
Deeper support zone

-2.02% · 1.8 ATR below latest close

$39.86
ATR zone

Latest close ± ATR14

$40.22 - $41.14

Indicators

Trend

Dow Theory Structure

Confirmation $41.14, invalidation $40.32

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

41.0 / 14.6 / 33.9Bearish
Supertrend (10,3)

Price is above Supertrend

$39.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.67 / $42.75Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$0.4557 (1.12%)Bullish
Bollinger Bands (20,2)

Width 6.03%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.22 / $40.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$40.22 / $41.14Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.19Range
Support

Nearest Downside Decision Level

$40.32Range

Momentum

RSI (14)

Momentum is weak

36.5Bearish
MACD (12,26,9)

Histogram is positive

0.029Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.7 / 23.1Bearish
Williams %R (14)

Oversold zone

-81.3Bullish
CCI (20)

Balanced zone

-73.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.1Range
OBV slope

20-period OBV slope

-30.62%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Trend

Dow Theory Structure

Confirmation $41.14, invalidation $40.32

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

41.0 / 14.6 / 33.9Bearish
Supertrend (10,3)

Price is above Supertrend

$39.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.67 / $42.75Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

36.5Bearish
MACD (12,26,9)

Histogram is positive

0.029Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.7 / 23.1Bearish
Williams %R (14)

Oversold zone

-81.3Bullish
CCI (20)

Balanced zone

-73.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.4557 (1.12%)Bullish
Bollinger Bands (20,2)

Width 6.03%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$42.22 / $40.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$40.22 / $41.14Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.1Range
OBV slope

20-period OBV slope

-30.62%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$45.19Range
Support

Nearest Downside Decision Level

$40.32Range

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