US stock / ETF

CenterPoint Energy, Inc.

CNP · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

CNP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $38.73 and stabilize above resistance $40.24.

Invalidation Trigger

Break above $40.24 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 43.4, MACD -0.019

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3173 (0.82%)

4h

EMA Structure

Bearish
EMA 8$38.39Bullish
EMA 21$38.73Bearish
EMA 50$39.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.4 · MACD -0.019

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3173 · BB 5.17%

Low volatility

Strength
Bullish
Volume
MFI 32.3 · OBV -23.30%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$37.84 - $40.24

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.29% · 6.4 ATR above latest close

$40.56
Nearest resistance

+4.47% · 5.4 ATR above · 34-bar high

$40.24
Current price

Price shown is delayed

$38.52
Nearest support

-1.77% · 2.1 ATR below · 34-bar low

$37.84
Deeper support zone

-2.59% · 3.1 ATR below latest close

$37.52
ATR zone

Latest close ± ATR14

$38.2 - $38.84

Indicators

Trend

Dow Theory Structure

Confirmation $37.84, invalidation $39.4

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

Trend strength is active

28.9 / 16.7 / 44.5Bearish
Supertrend (10,3)

Price is above Supertrend

$37.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.65 / $39.04Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Low volatility

$0.3173 (0.82%)Bullish
Bollinger Bands (20,2)

Width 5.17%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$39.37 / $38.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$38.2 / $38.84Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$40.24Range
Support

Nearest Downside Decision Level

$37.84Range

Momentum

RSI (14)

Momentum is weak

43.4Bearish
MACD (12,26,9)

Histogram is negative

-0.019Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.6 / 32.9Bullish
Williams %R (14)

Neutral zone

-56.4Range
CCI (20)

Balanced zone

-42.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.3Bearish
OBV slope

20-period OBV slope

-23.30%Bearish
Volume ratio

Relative to 20-period average volume

2.10xBullish

Trend

Dow Theory Structure

Confirmation $37.84, invalidation $39.4

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

Trend strength is active

28.9 / 16.7 / 44.5Bearish
Supertrend (10,3)

Price is above Supertrend

$37.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.65 / $39.04Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Momentum is weak

43.4Bearish
MACD (12,26,9)

Histogram is negative

-0.019Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.6 / 32.9Bullish
Williams %R (14)

Neutral zone

-56.4Range
CCI (20)

Balanced zone

-42.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.3173 (0.82%)Bullish
Bollinger Bands (20,2)

Width 5.17%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$39.37 / $38.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$38.2 / $38.84Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.3Bearish
OBV slope

20-period OBV slope

-23.30%Bearish
Volume ratio

Relative to 20-period average volume

2.10xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$40.24Range
Support

Nearest Downside Decision Level

$37.84Range

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