USA - NYSE:CNC - US15135B1017 - Common Stock
We assign a technical rating of 4 out of 10 to CNC. In the past year, CNC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CNC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
34.75
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CNC is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNC is up. |
ChartMill Relative Strength | 23.82 | NEGATIVE | CNC has a low relative strength, it was outperformed by 76.18% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNC is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNC is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.88 | NEUTRAL | The RSI value for CNC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CNC has a negative trend. |
Stochastics (14,3) | 34.49 | NEUTRAL | The Stochastics value for CNC is a neutral value. |
Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC suggests some volalility. |
Average Directional Index/ADX (14) | 35.38 | POSITIVE | The high ADX value value for CNC suggests a strong trend. |
35.64
-0.15 (-0.42%)