CENTENE CORP (CNC)

US15135B1017 - Common Stock

67.86  +0.61 (+0.91%)

After market: 67.86 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
67% of all other stocks performed better in the past year than CNC.
CNC has an average volume of 3728500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNC is part of the Health Care Providers & Services industry. There are 115 other stocks in this industry, CNC did better than 58% of them.
CNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNC is lagging the market.
In the last month CNC has a been trading in the 64.97 - 69.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CNC Weekly chart
CNC Daily chart
Setup Rating and Analysis

6

CNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 67.87. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

60.66

80.26

We found 1 important support area.

  • A support zone ranging from 61.27 to 61.27. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 67.87 to 67.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @76.00 from a trend line in the weekly time frame.
  • A resistance zone ranging from 78.81 to 79.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.45
Mansfield-1.92
10 Day High68.33
10 Day Low64.97
20 Day High69.4
20 Day Low64.97
52 Week High81.42
52 Week Low60.83
Performance
1 Week2.24%
2 Weeks0.73%
1 Month0.22%
3 Month-4.06%
6 Month-13.89%
12 Month3.4%
2 Year-27.01%
3 Year-1.09%
5 Year30.27%
10 Year276.53%
15 Year1305.7%
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)0.34
RSI(14)47.97
LBB65.2
UBB68.44
CNC Daily chart

CENTENE CORP

NYSE:CNC (7/12/2024, 7:24:46 PM)

After market: 67.86 0 (0%)

67.86

+0.61 (+0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.91%
1 Week2.24%
2 Weeks0.73%
1 Month0.22%
3 Month-4.06%
6 Month-13.89%
12 Month3.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.27
ATR(20)%2.12%
ATR Inc
Range Today1.16
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 High68.33
10 Day Low64.97
20 Day High69.4
20 Day Low64.97
52 Week High81.42
52 Week Low60.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.03M
Volume Incr-19.66%
Vol(5)3.17M
Vol(50)3.73M