US stock / ETF

Centene Corporation

CNC · NYSE · USD

1 weekBullish84%
Weekly Upside probability 84%Bullish

CNC 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $31.63 and reclaim $69.41.

Invalidation Trigger

Lose $31.63 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 64.2, MACD -0.492

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.04 (7.51%)

Weekly

EMA Structure

Bullish
EMA 8$65.85Bullish
EMA 21$61.4Bullish
EMA 50$54.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.2 · MACD -0.492

Momentum is strong

Strength
Bullish
Volatility
ATR $5.04 · BB 21.38%

High volatility

Strength
Bearish
Volume
MFI 55.1 · OBV 13.84%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$31.63 - $69.41

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.96% · 1.5 ATR above latest close

$74.45
Nearest resistance

+3.44% · 0.5 ATR above · 34-bar high

$69.41
Current price

Price shown is delayed

$67.1
Nearest support

-52.86% · 7.0 ATR below · 34-bar low

$31.63
Deeper support zone

-60.37% · 8.0 ATR below latest close

$26.59
ATR zone

Latest close ± ATR14

$62.06 - $72.14

Indicators

Trend

Dow Theory Structure

Confirmation $68.38, invalidation $56.67

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

Trend strength is active

44.2 / 15.5 / 20.3Bearish
Supertrend (10,3)

Price is above Supertrend

$52.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.78 / $50.52Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

High volatility

$5.04 (7.51%)Bearish
Bollinger Bands (20,2)

Width 21.38%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$72.11 / $51.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$62.06 / $72.14Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.41Range
Support

Nearest Downside Decision Level

$31.63Range

Momentum

RSI (14)

Momentum is strong

64.2Bullish
MACD (12,26,9)

Histogram is negative

-0.492Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.9 / 80.2Bullish
Williams %R (14)

Overbought zone

-18.1Bearish
CCI (20)

Balanced zone

86.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.1Bullish
OBV slope

20-period OBV slope

13.84%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $68.38, invalidation $56.67

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

Trend strength is active

44.2 / 15.5 / 20.3Bearish
Supertrend (10,3)

Price is above Supertrend

$52.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.78 / $50.52Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

64.2Bullish
MACD (12,26,9)

Histogram is negative

-0.492Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.9 / 80.2Bullish
Williams %R (14)

Overbought zone

-18.1Bearish
CCI (20)

Balanced zone

86.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$5.04 (7.51%)Bearish
Bollinger Bands (20,2)

Width 21.38%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$72.11 / $51.44Bearish
ATR channel lower / upper

Current Volatility Envelope

$62.06 / $72.14Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.1Bullish
OBV slope

20-period OBV slope

13.84%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$69.41Range
Support

Nearest Downside Decision Level

$31.63Range

Related Forecasts