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Managed Health Care Industry Stocks Technical Analysis - CNC

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- 7/17/2026 -
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Centene Corporation (CNC) Technical Analysis

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Summary:
Weekly :Overbought sectorRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtBroken trend resistance line
Daily :The price has fallen below the Parabolic SARThe period of low volatility of the stock price
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It was the negative week for the Centene Corporation (CNC). During the week, the CNC dropped -0.91 points, or -1.35%, and closed at 66.44 on Friday, July 17, 2026. Weekly volume was -55% below average.

CNC is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See CNC long-term trend chart]
A long-term downtrend had started on August 15, 2022 at 98.53 and reached 25.08 on August 7, 2025. CNC lost 73.45 points, or 74.55%, in 155 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (7.60) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CNC medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 31.63 and reached 69.36 on July 14, 2026. CNC gained -37.73 points, or -119.29%, in 15 weeks. The price is now at the 7.74% retracement level.

Weekly Technical Indicators: [See CNC weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 24, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See CNC short-term trend chart]
A short-term downtrend had started on July 14, 2026 at 69.36 and reached 63.20 on July 15, 2026. CNC lost 6.16 points, or 8.88%, in 1 days. The price is now at the 52.60% retracement level.

Daily Technical Indicators: [See CNC daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 2, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is falling, and it was 12.4% on Friday. It is 54.65% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.91
Williams' Percentage Range (W%R) 58.10
Lane's Stochastic (%D-Slow) 57.32
Greed/Fear Indicator (GFI) 50.37
Moving Average Converg./Diverg. (MACD) 1.91
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 86.14
Overbought
Williams' Percentage Range (W%R) 13.80
Overbought
Lane's Stochastic (%D-Slow) 87.42
Overbought
Greed/Fear Indicator (GFI) 80.28
Overbought
Moving Average Converg./Diverg. (MACD) 5.06
Trading Signals
Description Value Chart
Upper Bollinger Band 69.61
Parabolic System 69.18
Weekly Stochastic Crossing 67.76
Price 66.44
Daily Stochastic Crossing 66.35
20 Day Moving Average 65.72
50 Day Moving Average 62.33
Lower Bollinger Band 61.35
Yearly Trendline Resistance 54.73
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Managed Health Care 109
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 69.36
High Date 07/14/2026
Low 63.20
Low Date 07/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.63
Low Date 03/30/2026
High 69.36
High Date 07/14/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.08
Low Date 08/07/2025
High 69.36
High Date 07/14/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 81.42
High Date 02/26/2024
Low 25.08
Low Date 08/07/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 54.73
Support 7.60
High 98.53
High Date 08/15/2022
Low 25.08
Low Date 08/07/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.