Technical analysis from Centene Corp (CNC, NYSE:CNC) on the New York Stock Exchange (NYSE). Download the latest price data & trading signals

Centene Corp
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Daily trading has confirmed an ATR uptrend (2.284) for Centene Corp
Average True Range /
Daily trading has confirmed an ATR uptrend (2.284) for Centene Corp

[Bullish]: Average True Range has confirmed an uptrend is present. Centene Corp has a TR of 2.45, and an ATR(14) of 2.284.

Relative Strength overbought signal had been initiated for Centene Corp
Relative Strength Index /
Relative Strength overbought signal had been initiated for Centene Corp

[BEARISH]: Centene Corp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @73.5

Closing Price /
Strong price performance from CNC has seen a higher close of 1.6 % [Uptrend]

CNC: CLOSE Current Signal -> (1) 25 May: BULLISH (2) 24 May: BULLISH (3) 23 May: BULLISH

Percentage Price /
Price percentage oscillator: Upward momentum is still present for Centene Corp

[BULLISH]: Centene Corp currently has positive PPO 1.749%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Short Trend /
First timeframe trend of Centene Corp has signalled an Uptrend

[BULLISH]: Centene Corp is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Woodie Pivot Point /
Woodie pivot point for CNC is bullish. Stoploss should be positioned @$115.613

Centene Corp current pivot point (Woodie) is: $118.063. The current resistance levels are: (R1) $119.646: (R2) $120.513The current support levels are: (S1) $117.196: (S2) $115.613

Centene Corp: Stochastic Oscillator 93.3 is above the Stochastic Overbought limit
Stochastic Oscillator /
Centene Corp: Stochastic Oscillator 93.3 is above the Stochastic Overbought limit

[BEARISH]: Centene Corp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

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Elder Ray Index /
[Bullish]: Elder Ray Index is 3.511 indicating bull power

[BULLISH]: Centene Corp Elder Ray Index is signalling a Bullish movementERI is 3.511 indicating bull power. Prices are being driven above the consensus of value for CNC during the last trading session [Buying Pressure]

Pivot Points /
Centene Corp has moved above the R1 pivot point ($119.406) [Bullish]

Centene Corp has broken the first resistance point ($119.406) [Bullish]. Look for a long limit order entry near this point. Exit price for CNC should be set @$120.393 & Stoploss for Centene Corp should be set between $115.493 & $114.506

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Centene Corp: Three White Soldiers
Three White Soldiers /
Centene Corp: Three White Soldiers

[BULLISH]: Centene Corp has formed a new Three White Soldiers pattern.

Centene Corp: CMF has confirmed bullish relationship between price & volume
Chaikin Money Flow /
Centene Corp: CMF has confirmed bullish relationship between price & volume

[BULLISH]: Centene Corp current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.27. CNC received a confirmed CMF crossover days on the Apr 23 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.27 occurring on the Apr 23 2018.

Ulcer Index /
Ulcer index has fallen as the price rises for Centene Corp

[BEARISH]: Centene Corp UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.043.

Simple Moving Average /
The SMA trend following signal is still current for Centene Corp [Bullish]

[BULLISH]: Centene Corp currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.6%.

Volume /
Weaker volume performance from CNC has seen a lower volume of -18.0 [Downtrend]

[BEARISH]: Centene Corp current volume downtrend in the first timeframe. Volume for CNC is 1.06043e+006 (-18.0).

CNC: Short term trend has confirmed a rally day
Coles Reaction Day /
CNC: Short term trend has confirmed a rally day

Centene Corp: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for CNC

Daily trading has maintained an Uptrend long term trend for Centene Corp
Long Trend /
Daily trading has maintained an Uptrend long term trend for Centene Corp

[BULLISH]: Centene Corp has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Feb 27 2018.

Close Tod Vs Range Tod /
Currently this quarter, closing price for CNC has spent 15 days in the upper price range

[BULLISH]: Centene Corp buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Centene Corp adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 91 trading days with the closing price in the upper part of the range giving a confirmation ratio of 34.6%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 42.1%. Currently this quarter, closing price has spent 15 days in the upper price range compared to 13 days in the lower range giving a ratio of 1.2x.

Close Tod Vs Close Yest /
Buyers continue to be keener than sellers for Centene Corp & are driving the price up.

CNC: Recent performance signals ->(1) 25 May: BULLISH (2) 24 May: BULLISH (3) 23 May: BULLISH

Aroon Oscillator /
Centene Corp: Aroon oscillator (92) has confirmed a strong uptrend is present

[BULLISH]: Centene Corp has a current ARU(25) of 100 and a current ARD(25) of 8

Long positions for Centene Corp should be set between $118.19 & $119.9
Demarks Pivot Points /
Long positions for Centene Corp should be set between $118.19 & $119.9

Centene Corp has broken the first DeMark resistance point ($118.1900) [Bullish]. Look for a long limit order entry near this point. Exit price for CNC should be set @$119.9 & Stoploss for Centene Corp should be set at $117.45

Traders are currently accumulating Centene Corp
Accumulation / Distribution /
Traders are currently accumulating Centene Corp

[BULLISH]: Centene Corp current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 1.45188e+007.

The TMA trend following signal is still current for Centene Corp [Bullish]
Triangular Moving Average /
The TMA trend following signal is still current for Centene Corp [Bullish]

[BULLISH]: Centene Corp currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.6%.

White Candle /
CNC Basic Candle: White

[BULLISH]: Centene Corp has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Volume Rate of Change /
14-day volume rate of change is decreasing for Centene Corp

CNC: VROC Current Signal -> (1) 25 May: BEARISH (2) 24 May: BEARISH (3) 23 May: BEARISH

Price Range /
Range for CNC has surpassed the range of the previous trading session

CNC: Price Range Recent Trading -> (1) 25 May: 2.45 (2) 24 May: 1.96 (3) 23 May: 2.31

Rate of Change /
14-day rate of change is now increasing for Centene Corp

[BULLISH CROSSOVER]: Centene Corp currently has positive rate of change of 2.537%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Price & volume confirms continued buying pressure for Centene Corp is likely
Elders Force Index /
Price & volume confirms continued buying pressure for Centene Corp is likely

[BULLISH]: Centene Corp current price has highlighted recent buying pressure. Currently, the Elders Force Index is 470640.

William %R Overbought signal had been maintained for Centene Corp
Williams %R /
William %R Overbought signal had been maintained for Centene Corp

[BULLISH]: Centene Corp is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Percentage Volume /
Volume for Centene Corp continues to lose momentum @-17.85)

CNC: PVO Current Signal -> (1) 25 May: BEARISH (2) 24 May: BEARISH (3) 23 May: BEARISH

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