Logo image of CNC

CENTENE CORP (CNC) Stock Technical Analysis

NYSE:CNC - New York Stock Exchange, Inc. - US15135B1017 - Common Stock - Currency: USD

31.44  -1.08 (-3.32%)

After market: 31.4 -0.04 (-0.13%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CNC. 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.
When comparing the yearly performance of all stocks, CNC is a bad performer in the overall market: 98% of all stocks are doing better.
CNC is one of the lesser performing stocks in the Health Care Providers & Services industry. 86% of 103 stocks in the same industry do better.
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 31.40 - 57.46 range, which is quite wide. It is currently trading near the lows of this range.
CNC has an average volume of 8788000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CENTENE CORP / CNC Weekly stock chart
CENTENE CORP / CNC Daily stock chart
Setup Rating and Analysis

3

The technical rating of CNC is bad and it also does not present a 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.

Support and Resistance Analysis

31.13

65.23

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 55.46 to 55.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @59.36 from a trend line in the daily time frame.
  • A resistance zone ranging from 64.22 to 64.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CNC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CNC is down.
ChartMill Relative Strength2.43NEGATIVECNC has a low relative strength, it was outperformed by 97.57% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CNC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CNC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CNC is below a declining SMA(200).
Relative Strength Index/RSI (14)15.75OVERSOLDThe low RSI value suggests CNC may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.94NEGATIVEThe MACD value suggests CNC has a negative trend, although the MACD value is rising.
Stochastics (14,3)2.71OVERSOLDThe low Stochastics value suggests CNC may be oversold.
Average True Range in percent/ATR (20)7.51HIGH VOLATILITYThe high ATR as a percentage value for CNC suggests high volalility.
Average Directional Index/ADX (14)44.43POSITIVEThe high ADX value value for CNC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
CENTENE CORP / CNC Daily stock chart

CENTENE CORP

NYSE:CNC (7/11/2025, 8:04:00 PM)

After market: 31.4 -0.04 (-0.13%)

31.44

-1.08 (-3.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.32%
1 Week-5.61%
2 Weeks-41.31%
1 Month-43.12%
3 Month-50.77%
6 Month-49.15%
12 Month-53.67%
2 Year-53.83%
3 Year-66.18%
5 Year-51.82%
10 Year-10.34%
15 Year490.15%
Volatility
ATR(14)2.87
ATR(20)%7.51%
ATR Inc-59.42%
Range Today1.1
ADR(20)1.41
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.43
Mansfield-5.35
10 Day High57.46
10 Day Low31.4
20 Day High57.46
20 Day Low31.4
52 Week High80.59
52 Week Low31.4
CS1 EndN/A
CR1 Start55.46
Volume & EV
DER(3)0.87%
DER(5)0.13%
Volume15.57M
Volume Incr72.05%
Vol(5)18.79M
Vol(50)8.79M