CENTENE CORP (CNC)

US15135B1017 - Common Stock

59.58  -0.13 (-0.22%)

After market: 59.58 0 (0%)

Technical Rating and Analysis

0

Overall CNC gets a technical rating of 0 out of 10. CNC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than CNC.
CNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNC is lagging the market.
In the last month CNC has a been trading in the 55.03 - 61.91 range, which is quite wide. It is currently trading near the high of this range.
CNC has an average volume of 7046040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNC is part of the Health Care Providers & Services industry. There are 109 other stocks in this industry, CNC did better than 40% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CNC Weekly chart
CNC Daily chart
Setup Rating and Analysis

8

CNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 57.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

56.13

79.60

When analyzing the support we notice one important area.

  • A support zone ranging from 56.70 to 57.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 60.77 to 61.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @64.81 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 78.43 to 78.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.96
Mansfield-2.48
10 Day High60.7
10 Day Low55.03
20 Day High61.91
20 Day Low55.03
52 Week High81.42
52 Week Low55.03
Performance
1 Week0.27%
2 Weeks4.97%
1 Month-1.28%
3 Month-21.2%
6 Month-12.29%
12 Month-18.76%
2 Year-27.35%
3 Year-27.69%
5 Year-5.23%
10 Year129.49%
15 Year1025.74%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)49.77
LBB56.3
UBB60.73
CNC Daily chart

CENTENE CORP

NYSE:CNC (12/20/2024, 8:04:00 PM)

After market: 59.58 0 (0%)

59.58

-0.13 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.22%
1 Week0.27%
2 Weeks4.97%
1 Month-1.28%
3 Month-21.2%
6 Month-12.29%
12 Month-18.76%
2 Year-27.35%
3 Year-27.69%
5 Year-5.23%
10 Year129.49%
15 Year1025.74%
Volatility
ATR(14)2.07
ATR(20)%3.08%
ATR Inc-8.95%
Range Today1.71
ADR(20)1.68
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.96
Mansfield-2.48
10 Day High60.7
10 Day Low55.03
20 Day High61.91
20 Day Low55.03
52 Week High81.42
52 Week Low55.03
CS1 End57.46
CR1 Start60.77
Volume & EV
DER(3)-0.32%
DER(5)0.61%
Volume26.12M
Volume Incr129.29%
Vol(5)12.36M
Vol(50)7.05M