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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Centene Corporation (NYSE:CNC)

Sidelines Mode (-55) - CNC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CNC?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CNC
Open High Low CNC Price Change
74.1900 75.1119 73.7800 74.8250 +0.4950
Entry Signal

MarketClub’s Trade Triangles for CNC

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 71.4800

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 76.5701

short term up The short-term trend has been UP since May 2nd, 2024 at 74.9850

Smart Scan Analysis for CNC

Based on our trend formula, CNC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CNC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.1900 75.1119 73.7800 74.8250 +0.4950
Prev. Close Volume Bid Ask Time
74.8100 4179556 2024-05-03 15:59:50
Year High148.24Year High Date2018-09-07
Year Low97.61Year Low Date2018-02-15
52wk High81.41552wk High Date2024-02-26
52wk Low60.8352wk Low Date2023-09-01
Year End Close41Average Volume3,597,763
Shares Outstanding533,656Short Interest2,898,219
% Institutional97.6Market Cap19,348M
Assets826,240,000MLiabilities556,660,000M
P/E Ratio14.7188Beta1.29
Volatility42.53
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