Trading Signals: CNC Stock Price Prediction and Forecast

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Mon. Aug. 10, 2020

Trading Signals: CNC Stock Price Prediction and Forecast (Thu. Sep. 9, 2004 - Wed. Sep. 27, 2023)

(Centene Corporation)
CNC latest price $63.0000 (-1.99%) ($62.7650 - $64.4500) on Mon. Aug. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.26% (three month average)
RSI   42
Latest Price   $63.0000(-1.99%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   CNC declines -2.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support CNC advance at 0% a week (0% probability)
XLV(44%)    DIA(41%)    IWD(41%)    IVE(40%)    SPLV(40%)
Factors Impacting CNC price   CNC will decline at least -1.13% in a week (0% probabilities).
VIXM(-22%)    UUP(-13%)    VXX(-8%)    TLT(-5%)    SHY(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.13% (StdDev 2.26%)
Hourly BBV -0.9 ()
Intraday Trend -2.1%

Inflection Point   Yes
Resistance Level   $65.27
5 Day Moving Average   $63.52(-0.82%)
10 Day Moving Average   $64.29(-2.01%)
20 Day Moving Average   $65.27(-3.48%)
To recent high   -8.3%
To recent low   5.4%
Market Cap   $36.499b

Centene Corp. engages in the provision of programs and services to government sponsored healthcare programs. It operates through the Managed Care and Specialty Services segments. The Medicaid Managed Care segment provides health plan coverage to individuals through government subsidized programs through Medicaid. The Specialty Services segment offers healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company was founded in 1984 and is headquartered in St. Louis, MO.

$. CNC price fluctuates within 2.34% (three month std-dev: 2.26%) daily (68% of days).

Sample size 1 Average positive next day return: 1.05%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -0.37%(100%) Sample size 1 Average positive next weekly return: 2.51%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200910

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_10_2020	64.34	65.27	64.29	63.52	63.71	63.86	63(-1.99%)	DT	HoldShort	-50	-0.3	-16	30	2	-70	3.25	32%	0.23	-16.7	2.26%	-0.9	-1.5	42	1.7
2	Aug_7_2020	64.19	65.32	64.7	63.54	63.52	63.85	64.28(0.88%)	DP	OpenShort	-65	0.5	-13	40	3	-61	1.73	32%	0.17	-25	2.26%	0.9	-0.7	50	1.6
3	Aug_6_2020	64.08	65.32	65	63.74	63.58	63.56	63.72(-0.41%)	DT	OpenShort	-75	-0	-20	-10	-7	-58	1.76	32%	0.17	-31.8	2.26%	0.7	-1	43	1.7
4	Aug_5_2020	63.97	65.27	65.39	64.36	64.11	63.19	63.98(2.14%)	DP	OpenShort	-75	-0.2	-29	-110	-23	-45	2.59	32%	0.09	-27.8	2.32%	0.6	-0.8	45	1.7
5	Aug_4_2020	63.91	65.36	65.68	64.83	64.68	63.61	62.64(-0.73%)	DT	OpenShort	-75	-1.4	-42	-120	-43	-38	3.59	32%	0.14	-13.7	2.35%	-0.9	-1.8	42	1.6

6	Aug_3_2020	63.82	65.53	66.04	65.15	65.35	65.02	63.1(-3.3%)	DT	OpenShort	-75	-1.4	-28	-30	-29	-24	4.56	32%	-0.02	1.4	2.36%	-1.7	-1.7	45	1.3
7	Jul_31_2020	63.83	65.71	66.27	65.98	65.58	65.75	65.25(-2.33%)	N/A	N/A	0	-0.5	-4	-0	-8	7	2.53	35%	0.14	42.2	2.34%	-1.4	-0.3	59	1.5
8	Jul_30_2020	63.74	65.78	66.38	66.43	65.85	65.67	66.81(0.71%)	UT	HoldLong	50	0.3	6	-50	-3	31	2.54	35%	0.14	62.9	2.34%	1.2	0.8	67	1.3
9	Jul_29_2020	63.65	65.7	66.3	66.62	66.3	65.42	66.34(3.29%)	N/A	N/A	0	-0.2	-5	-110	-20	39	2.95	35%	0.09	80.7	2.34%	0.6	0.5	63	1.6
10	Jul_28_2020	63.59	65.57	66.23	66.71	66.75	66.04	64.23(-4.52%)	N/A	N/A	0	-1.8	-15	-70	-32	38	7.17	27%	0.14	78.5	2.31%	-1.8	-1	46	1.5

11	Jul_27_2020	63.5	65.51	66.37	67.04	67.02	67.17	67.27(-0.36%)	UD	OpenLong	75	0.2	18	10	4	59	3.41	32%	0.14	78.7	2.33%	-0.8	1.2	55	1.5
12	Jul_24_2020	63.41	65.15	66.01	66.56	66.69	67.46	67.51(-0.34%)	UD	OpenLong	75	0.5	29	90	23	46	2.64	32%	0.13	44.9	2.33%	0.3	1.2	52	1.2
13	Jul_23_2020	63.33	64.94	65.56	66.31	66.19	66.86	67.74(1.38%)	UT	OpenLong	75	0.8	28	70	27	29	3.33	32%	0.08	41.4	2.34%	0.7	1.5	53	1.3
14	Jul_22_2020	63.28	64.65	65.11	65.97	65.96	65.92	66.82(1.44%)	UT	OpenLong	75	0.5	12	-0	13	9	2.43	32%	0.21	32.6	2.34%	0.8	1.2	55	1.8
15	Jul_21_2020	63.15	64.49	64.96	65.73	65.96	65.51	65.87(1.56%)	N/A	N/A	0	0.1	-6	-30	-9	2	2.8	32%	0.17	29.6	2.37%	-1.4	0.8	60	1.8

16	Jul_20_2020	63.04	64.35	64.94	65.61	65.87	66	64.86(-2.13%)	UD	OpenLong	75	-0.4	6	30	3	15	2.34	32%	0.19	31	2.4%	-1.5	0.3	61	2.2
17	Jul_17_2020	62.92	64.31	65.1	65.34	65.54	66.23	66.27(0.36%)	UT	OpenLong	75	0.5	32	80	28	44	1.86	32%	0.22	33.1	2.43%	0.5	1.1	75	1.9
18	Jul_16_2020	62.78	64.18	65.09	64.66	64.82	65.74	66.03(0.66%)	UT	OpenLong	75	0.8	36	110	34	43	2.62	46%	0.19	33.1	2.45%	0.8	1.1	58	1.5
19	Jul_15_2020	62.66	64.05	65.02	64.66	64.07	64.85	65.6(0.49%)	UT	OpenLong	75	0.9	27	80	23	38	3.15	46%	0.16	22.7	2.55%	0.9	0.9	61	1.4
20	Jul_14_2020	62.56	63.97	64.82	64.11	63.73	63.9	65.28(2.75%)	UT	OpenLong	75	0.7	12	0	6	31	2.63	46%	0.1	19.2	2.59%	1.6	0.8	54	0.9

21	Jul_13_2020	62.5	63.8	64.57	64.22	64.08	63.3	63.53(1.1%)	N/A	N/A	0	-0.4	-9	-90	-19	23	3.02	40%	-0.03	6.3	2.58%	0.5	-0.2	52	0
22	Jul_10_2020	62.52	63.73	64.25	64.84	64.68	63.56	62.84(-0.74%)	N/A	N/A	0	-1.2	-31	-130	-45	11	2.56	40%	-0.05	8.4	2.59%	-0.7	-0.5	48	1.2
23	Jul_9_2020	62.55	63.63	64.33	65.58	65.67	64.87	63.31(-3.48%)	N/A	N/A	0	-1.2	-15	-80	-30	31	3.7	40%	-0.06	8.7	2.61%	-1.2	-0.2	49	0.8
24	Jul_8_2020	62.59	63.68	64.22	66	66.26	65.81	65.59(-0.36%)	UD	OpenLong	65	-0.2	7	-40	-6	45	2.49	61%	-0.02	12.9	2.58%	-1	1	56	0.9
25	Jul_7_2020	62.6	63.66	64.02	65.59	66.06	66.47	65.83(-1.2%)	UD	OpenLong	75	0.1	18	60	11	40	2.43	61%		5.2	2.78%	-2.2	1.2	55	0.7
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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