CENTENE CORP (CNC) Stock Technical Analysis
NYSE:CNC - New York Stock Exchange, Inc. - US15135B1017 - Common Stock - Currency: USD
Overall CNC gets a technical rating of 1 out of 10. CNC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than CNC.
CNC is one of the lesser performing stocks in the Health Care Providers & Services industry. 63% of 108 stocks in the same industry do better.
CNC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CNC has a been trading in the 55.17 - 66.81 range, which is quite wide. It is currently trading near the lows of this range.
CNC has an average volume of 5279400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 resistance zone just above the current price starting at 60.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.51, a Stop Loss order could be placed below this zone.
More info and screens
55.36
79.60
We found 1 important support area.
- A support zone ranging from 55.92 to 57.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 60.42 to 61.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 63.28 to 65.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.32
Mansfield-2.28
10 Day High59.33
10 Day Low55.17
20 Day High66.81
20 Day Low55.17
52 Week High81.42
52 Week Low55.03
Performance
1 Week1.53%
2 Weeks-1.62%
1 Month-11.43%
3 Month-4.46%
6 Month-26.57%
12 Month-28.1%
2 Year-15.67%
3 Year-30.19%
5 Year8.79%
10 Year87.7%
15 Year1191.1%
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)-0.29
RSI(14)40.77
LBB54.08
UBB63.14
57.68
-0.8 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.37%
1 Week1.53%
2 Weeks-1.62%
1 Month-11.43%
3 Month-4.46%
6 Month-26.57%
12 Month-28.1%
2 Year-15.67%
3 Year-30.19%
5 Year8.79%
10 Year87.7%
15 Year1191.1%
Volatility
ATR(14)2.1
ATR(20)%3.44%
ATR Inc-11.86%
Range Today2.17
ADR(20)1.82
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.32
Mansfield-2.28
10 Day High59.33
10 Day Low55.17
20 Day High66.81
20 Day Low55.17
52 Week High81.42
52 Week Low55.03
CS1 End57.51
CR1 Start60.42
Volume & EV
DER(3)-1.91%
DER(5)-0.06%
Volume4.75M
Volume Incr3.82%
Vol(5)4.75M
Vol(50)5.28M