CENTENE CORP (CNC)
US15135B1017 - Common Stock
Taking everything into account, CNC scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CNC is a bad performer in the overall market: 84% of all stocks are doing better.
CNC is part of the Health Care Providers & Services industry. There are 115 other stocks in this industry, of which 62% are performing better than CNC.
CNC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CNC has a been trading in the 60.97 - 75.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CNC has an average volume of 4264920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CNC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
60.38
80.26
When analyzing the support we notice one important area.
- A support zone ranging from 60.99 to 60.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 70.56 to 71.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 78.17 to 79.47. 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
CRS16.18
Mansfield-2.7
10 Day High73.5
10 Day Low60.97
20 Day High75.38
20 Day Low60.97
52 Week High81.42
52 Week Low60.97
Performance
1 Week-16.32%
2 Weeks-14.67%
1 Month-19.04%
3 Month-16.55%
6 Month-17.57%
12 Month-9.6%
2 Year-28.34%
3 Year-14.37%
5 Year14.92%
10 Year163.3%
15 Year1268.48%
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)-1.2
RSI(14)21.92
LBB61.29
UBB77.66
CENTENE CORP
NYSE:CNC (10/21/2024, 8:05:44 PM)
After market: 61.25 +0.25 (+0.41%)61
-1.02 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.64%
1 Week-16.32%
2 Weeks-14.67%
1 Month-19.04%
3 Month-16.55%
6 Month-17.57%
12 Month-9.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.01
ATR(20)%2.94%
ATR Inc
Range Today1.56
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High73.5
10 Day Low60.97
20 Day High75.38
20 Day Low60.97
52 Week High81.42
52 Week Low60.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.95M
Volume Incr138.52%
Vol(5)9.39M
Vol(50)4.26M