US stock / ETF

Centene Corporation

CNC · NYSE · USD

1 dayBearish56%
Daily Downside probability 56%Bearish

CNC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $63.95 and stabilize above resistance $69.41.

Invalidation Trigger

Break above $69.41 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 54.2, MACD 0.265

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.7 (2.62%)

Daily

EMA Structure

Bearish
EMA 8$63.83Bullish
EMA 21$63.95Bullish
EMA 50$64.09Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.2 · MACD 0.265

Neutral zone

Strength
Bullish
Volatility
ATR $1.7 · BB 12.78%

Medium volatility

Strength
Range
Volume
MFI 41.7 · OBV -22.15%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$59.46 - $69.41

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.42% · 3.6 ATR above latest close

$71.11
Nearest resistance

+6.8% · 2.6 ATR above · 34-bar high

$69.41
Current price

Price shown is delayed

$64.99
Nearest support

-8.51% · 3.2 ATR below · 34-bar low

$59.46
Deeper support zone

-11.13% · 4.2 ATR below latest close

$57.76
ATR zone

Latest close ± ATR14

$63.29 - $66.69

Indicators

Trend

Dow Theory Structure

Confirmation $69.41, invalidation $59.46

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.3 / 19.8 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$59.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$63.63 / $63.04Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

Medium volatility

$1.7 (2.62%)Range
Bollinger Bands (20,2)

Width 12.78%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$67.34 / $60.5Range
ATR channel lower / upper

Current Volatility Envelope

$63.29 / $66.69Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.41Range
Support

Nearest Downside Decision Level

$59.46Range

Momentum

RSI (14)

Neutral zone

54.2Range
MACD (12,26,9)

Histogram is positive

0.265Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.3 / 70.3Bullish
Williams %R (14)

Overbought zone

-17.7Bearish
CCI (20)

Balanced zone

31.4Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.7Bearish
OBV slope

20-period OBV slope

-22.15%Bearish
Volume ratio

Relative to 20-period average volume

1.36xBullish

Trend

Dow Theory Structure

Confirmation $69.41, invalidation $59.46

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.3 / 19.8 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$59.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$63.63 / $63.04Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

54.2Range
MACD (12,26,9)

Histogram is positive

0.265Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.3 / 70.3Bullish
Williams %R (14)

Overbought zone

-17.7Bearish
CCI (20)

Balanced zone

31.4Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$1.7 (2.62%)Range
Bollinger Bands (20,2)

Width 12.78%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$67.34 / $60.5Range
ATR channel lower / upper

Current Volatility Envelope

$63.29 / $66.69Range

Volume / Money Flow

MFI (14)

Money flow is weak

41.7Bearish
OBV slope

20-period OBV slope

-22.15%Bearish
Volume ratio

Relative to 20-period average volume

1.36xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.41Range
Support

Nearest Downside Decision Level

$59.46Range

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