CENTENE CORP (CNC) Stock Technical Analysis
NYSE:CNC - New York Stock Exchange, Inc. - US15135B1017 - Common Stock - Currency: USD
Taking everything into account, CNC scores 5 out of 10 in our technical rating. In the last year, CNC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CNC is a bad performer in the overall market: 66% of all stocks are doing better.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CNC has a been trading in the 56.06 - 64.15 range, which is quite wide. It is currently trading near the high of this range.
CNC has an average volume of 4964300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNC is an average performer in the Health Care Providers & Services industry, it outperforms 47% of 102 stocks in the same industry.
Although the technical rating is only medium, CNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 61.48, a Stop Loss order could be placed below this zone.
More info and screens
55.36
79.60
We found 2 important support areas.
- A support zone ranging from 60.59 to 61.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.92 to 57.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @62.00 from a trend line in the daily time frame.
- A resistance zone ranging from 64.22 to 64.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.89 to 65.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @78.81 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.92
Mansfield-0.89
10 Day High64.15
10 Day Low56.79
20 Day High64.15
20 Day Low56.06
52 Week High80.59
52 Week Low55.03
Performance
1 Week5.07%
2 Weeks3.82%
1 Month2.87%
3 Month7.42%
6 Month2.63%
12 Month-16.98%
2 Year-0.72%
3 Year-23.92%
5 Year-6.48%
10 Year64.48%
15 Year986.07%
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)0.1
RSI(14)53.99
LBB58.16
UBB63.82
61.96
+0.41 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.67%
1 Week5.07%
2 Weeks3.82%
1 Month2.87%
3 Month7.42%
6 Month2.63%
12 Month-16.98%
2 Year-0.72%
3 Year-23.92%
5 Year-6.48%
10 Year64.48%
15 Year986.07%
Volatility
ATR(14)1.93
ATR(20)%3.43%
ATR Inc-42.35%
Range Today0.95
ADR(20)1.89
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.92
Mansfield-0.89
10 Day High64.15
10 Day Low56.79
20 Day High64.15
20 Day Low56.06
52 Week High80.59
52 Week Low55.03
CS1 End61.48
CR1 Start62
Volume & EV
DER(3)1.88%
DER(5)1.28%
Volume3.84M
Volume Incr-5.77%
Vol(5)5.10M
Vol(50)4.96M