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Archive
- 7/18/2025 -
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Centene Corporation (CNC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Centene Corporation (CNC). During the week, the CNC dropped -3.49 points, or -11.10%, and closed at 27.95 on Friday, July 18, 2025. Weekly volume was 187% above average.
CNC is a member of Managed Health Care Industry. Managed Health Care is the third most oversold industry. 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 February 26, 2024 at 81.42 and reached 27.88 on July 18, 2025. CNC lost 53.54 points, or 65.76%, in 72 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The downtrend support line (40.68) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 support in a long-term trend.
 Medium-term trend: [See CNC medium-term trend chart]
A medium-term downtrend had started on February 3, 2025 at 66.81 and reached 27.88 on July 18, 2025. CNC lost 38.93 points, or 58.27%, in 23 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See CNC weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly 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 below its signal line since May 30, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 April 8, 2025 at 66.03 and reached 27.88 on July 18, 2025. CNC lost 38.15 points, or 57.78%, in 101 days. Price is near the trend low.
Daily Technical Indicators: [See CNC daily technical indicators chart]
Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is below its signal line since July 1, 2025. This is an indication that the short-term trend is down.
The distance between the Bollinger Bands (160.86%) is close to one year high (132.19%). It is 871.38% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
3 |
| Industry |
Managed Health Care |
3 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
66.03 |
| High Date |
04/08/2025 |
| Low |
27.88 |
| Low Date |
07/18/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
66.81 |
| High Date |
02/03/2025 |
| Low |
27.88 |
| Low Date |
07/18/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
80.59 |
| High Date |
09/03/2024 |
| Low |
27.88 |
| Low Date |
07/18/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Right-Angled, Descending Wedge |
| Status |
Broken Support |
| Resistance |
78.74 |
| Support |
40.68 |
| High |
81.42 |
| High Date |
02/26/2024 |
| Low |
27.88 |
| Low Date |
07/18/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
98.53 |
| High Date |
08/15/2022 |
| Low |
27.88 |
| Low Date |
07/18/2025 |
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