The Greedy Trader Weekly Analysis
Sign In May 30, 2025
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 5/23/2025 -
Sign In to see current Signals.

Centene Corporation (CNC) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :The price is below the lower Bollinger BandPrice has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Centene Corporation (CNC). During the week, the CNC dropped -5.37 points, or -8.69%, and closed at 56.41 on Friday, May 23, 2025. Weekly volume was -11% below average.

Long-term trend: [See CNC long-term trend chart]
A long-term downtrend had started on February 26, 2024 at 81.42 and reached 55.07 on December 11, 2024. CNC lost 26.35 points, or 32.36%, in 41 weeks. The price is now at the 5.09% retracement level.

Medium-term trend: [See CNC medium-term trend chart]
A medium-term downtrend had started on September 3, 2024 at 80.59 and reached 55.07 on December 11, 2024. CNC lost 25.52 points, or 31.67%, in 14 weeks. The price is now at the 5.25% retracement level.

Weekly Technical Indicators: [See CNC weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since January 10, 2025. The distance between MACD and the signal line is low and getting smaller. 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 May 12, 2025 at 64.15 and reached 55.79 on May 23, 2025. CNC lost 8.36 points, or 13.03%, in 11 days. The price is now at the 7.42% 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 May 21, 2025. This is an indication that the short-term trend is down.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.20
Williams' Percentage Range (W%R) 69.90
Lane's Stochastic (%D-Slow) 43.14
Greed/Fear Indicator (GFI) 37.80
Moving Average Converg./Diverg. (MACD) -0.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.21
Williams' Percentage Range (W%R) 73.10
Lane's Stochastic (%D-Slow) 42.69
Greed/Fear Indicator (GFI) 39.35
Moving Average Converg./Diverg. (MACD) -1.65
Trading Signals
Description Value Chart
Upper Bollinger Band 63.66
Parabolic System 61.55
50 Day Moving Average 60.60
20 Day Moving Average 60.38
Weekly Stochastic Crossing 60.24
Daily Stochastic Crossing 58.21
Lower Bollinger Band 56.91
Price 56.41
Sector and Industry
Description Name Rank
Sector Health Care 4
Industry Managed Health Care 15
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 64.15
High Date 05/12/2025
Low 55.79
Low Date 05/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 66.03
High Date 04/08/2025
Low 55.79
Low Date 05/23/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 80.59
High Date 09/03/2024
Low 55.07
Low Date 12/11/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 81.42
High Date 02/26/2024
Low 55.07
Low Date 12/11/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 98.53
High Date 08/15/2022
Low 55.07
Low Date 12/11/2024
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.