CNP (CNP) — Downtrend in force
CNP (CNP) is trading at $37.79, +0.95 (+1.56%) on the session. Over the last 127 sessions the trend is down with a -13.3% move. Price is -16.1% from its 6-month high and +3.2% from its 6-month low. Annualised volatility (30-day) is ~16%.
Probability scenarios
Bearish bias — 2 bullish, 5 bearish, 1 neutral of 8 signals.
Trend Downtrend in force
CNP (CNP) is trading at $37.79. Over the last 127 sessions the trend is **down** with a -13.3% move.
Price is -16.1% from the 6-month high and +3.2% from the low. Annualised volatility (30-day) is ~16%.
Price is on the 15-day MA ($37.53) and below the 50-day SMA ($39.55).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $37.79, upper $39.97, middle $37.98, lower $36.00. Price is inside the bands — range-bound.
Bandwidth is 10.4% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Healthy pullback
RSI(14) is 51.6. Above 50 — bullish momentum intact, no exhaustion.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $-0.70, signal $-0.80, histogram +0.103.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 1.01) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Below anchored VWAP — period buyers underwater
Price ($37.79) is -9.2% below the anchored VWAP ($41.61). Period buyers are underwater — overhead supply tends to cap rallies.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 2 support levels
Current price $37.79. Resistance above: $38.39, $39.16, $39.70. Support below: $36.37, $36.00.
Watch $38.39 as the first upside level to clear, and $36.37 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$38.39
Resistance
$39.16
Resistance
$39.70
Support
$36.37
Support
$36.00
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (-13.3% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($39.55).
- RSI (14) Bullish RSI 52 — holding above 50, momentum intact.
- MACD (12,26,9) Bullish Histogram positive (+0.103) — fast line above signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.45).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bearish Price below anchored VWAP ($41.61).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:17:09.074155126Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.