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Stock Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

Centene Corporation (NYSE:CNC)

Strong Downtrend (-100) - CNC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CNC continues to fall. Traders should use caution and set stops.

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
63.390 64.105 62.580 62.720 -0.710
Entry Signal

MarketClub’s Trade Triangles for CNC

long term down The long-term trend has been DOWN since Oct 7th, 2022 at 76.605

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2023 at 65.725

short term down The short-term trend has been DOWN since May 4th, 2023 at 67.250

Smart Scan Analysis for CNC

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

-100
Smart Scan Analysis for CNC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.390 64.105 62.580 62.720 -0.710
Prev. Close Volume Bid Ask Time
62.720 2302088 2023-05-26 15:59:55
Year High148.24Year High Date2018-09-07
Year Low97.61Year Low Date2018-02-15
52wk High98.5352wk High Date2022-08-15
52wk Low61.7152wk Low Date2023-03-23
Year End Close41Average Volume2,499,322
Shares Outstanding548,769Short Interest2,898,219
% Institutional97.6Market Cap19,348M
Assets829,820,000MLiabilities579,400,000M
P/E Ratio23.403Beta1.29
Volatility42.53
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