CENTENE CORP (CNC) Stock Technical Analysis
USA - NYSE:CNC - US15135B1017 - Common Stock
We assign a technical rating of 3 out of 10 to CNC. Recently some decent action could be observed, but in the medium term time frame this is still negative. CNC was also a bad performer in the overall market in the last year.
Although the technical rating is bad, CNC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 35.64, a Stop Loss order could be placed below this zone.
More info and screens
32.82
We found 3 important support areas.
- A support zone ranging from 35.35 to 35.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.05 to 34.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.15 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @37.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.70 to 38.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.89 from a trend line in the weekly time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CNC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNC is up. |
| ChartMill Relative Strength | 28.86 | NEGATIVE | CNC has a low relative strength, it was outperformed by 71.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.53 | NEUTRAL | The RSI value for CNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.56 | NEUTRAL | The Stochastics value for CNC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for CNC suggests a weak or negative trend. |
NYSE:CNC (11/19/2025, 2:58:31 PM)
35.875
-1.05 (-2.86%)
CENTENE CORP / CNC FAQ
Can you provide the ChartMill technical rating for CENTENE CORP?
ChartMill assigns a technical rating of 3 / 10 to CNC.
What is the current trend direction of CENTENE CORP (CNC) stock?
The current trend direction for CENTENE CORP (CNC) is Bearish.
Can you provide the RSI signal for CENTENE CORP?
CENTENE CORP (CNC) has an RSI value of 50.5302. This indicates that the stock is currently neutral.
What is the MACD signal for CNC stock?
The MACD indicator for CENTENE CORP (CNC) has a value of 0.0084195, indicating a bearish trend.
Can you provide the support and resistance levels for CENTENE CORP?
CENTENE CORP (CNC) has a support level at 35.64 and a resistance level at 37.34. Check the full technical report for our detailed analysis of CNC support and resistance levels.