CENTENE CORP (CNC) 71.01 -1.56 (-2.15%)
71.01 -1.56 (-2.15%)
US15135B1017 - Common Stock - After market: 71.25 +0.24 (+0.34%)
Technical Rating
Overall CNC gets a technical rating of 0 out of 10. 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.
CNC has an average volume of 3601260 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.
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: 82% of all stocks are doing better.
CNC is part of the Health Care Providers & Services industry. There are 124 other stocks in this industry, of which 65% are performing better than CNC.
CNC is currently making a new 52 week low. This is a very bad signal. CNC is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month CNC has a been trading in the 70.80 - 79.98 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
70.29
86.79
We found 1 important support area.
- A support zone ranging from 71.00 to 71.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 74.66 to 76.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 80.33 to 80.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @82.54 from a trend line in the daily time frame.
- A resistance zone ranging from 85.80 to 85.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
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.
CENTENE CORP71.01
NYSE:CNC (2/3/2023, 7:04:00 PM)-1.56 (-2.15%)
| GICS Sector | Health Care | ||
| GICS Industry | Health Care Providers & Services | ||
| Today | -2.15% | 1 Week | -5.63% |
| 2 Weeks | -6.75% | 1 Month | -8.09% |
| 3 Month | -13.12% | 6 Month | -23.69% |
| ATR(14) | 1.85 | ATR(20)% | 2.78% |
| ATR Inc | 76.35% | Range Today | 2.86 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 18.67 | Mansfield | -1.73 |
| 10 Day High | 77.39 | 10 Day Low | 70.8 |
| 20 Day High | 79.98 | 20 Day Low | 70.8 |
| 52 Week High | 98.53 | 52 Week Low | 70.8 |
| CS1 End | 71 | CR1 Start | 74.66 |
| DER(3) | -2.57% | DER(5) | -0.36% |
| Volume | 5.10M | Volume Incr | 60.98% |
| Vol(5) | 5.61M | Vol(50) | 3.60M |
Technical Stock Screener Links
Technical Stock Screener
Find stocks with similar TA and Setup ratings on the USA
Best Technical Competitors Stock Screener
Find the competitors with the best technical ratings on the USA
Best Technical Setups Competitors Stock Screener
Find the competitors with the best technical and setup ratings on the USA