US stock / ETF

Centene Corporation

CNC · NYSE · USD

1 weekBullish81%
Weekly Upside probability 81%Bullish

CNC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $31.63 and reclaim $72.5.

Invalidation Trigger

Lose $31.63 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 62.2, MACD -0.422

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.23 (7.61%)

Weekly

EMA Structure

Bullish
EMA 8$67.04Bullish
EMA 21$63.66Bullish
EMA 50$57.16Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.2 · MACD -0.422

Momentum is strong

Strength
Range
Volatility
ATR $5.23 · BB 14.78%

High volatility

Strength
Bearish
Volume
MFI 57.4 · OBV -2.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$31.63 - $72.5

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+13.12% · 1.7 ATR above latest close

$77.73
Nearest resistance

+5.52% · 0.7 ATR above · 34-bar high

$72.5
Current price

Price shown is delayed

$68.71
Nearest support

-53.97% · 7.1 ATR below · 34-bar low

$31.63
Deeper support zone

-61.57% · 8.1 ATR below latest close

$26.4
ATR zone

Latest close ± ATR14

$63.48 - $73.94

Indicators

Trend

Dow Theory Structure

Confirmation $69.41, invalidation $59.46

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 21.7 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$51.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$64.12 / $52.07Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

High volatility

$5.23 (7.61%)Bearish
Bollinger Bands (20,2)

Width 14.78%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$74.03 / $53.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$63.48 / $73.94Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.5Range
Support

Nearest Downside Decision Level

$31.63Range

Momentum

RSI (14)

Momentum is strong

62.2Bullish
MACD (12,26,9)

Histogram is negative

-0.422Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.1 / 82.4Bearish
Williams %R (14)

Neutral zone

-23.9Range
CCI (20)

Balanced zone

76.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.4Bullish
OBV slope

20-period OBV slope

-2.78%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Trend

Dow Theory Structure

Confirmation $69.41, invalidation $59.46

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 21.7 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$51.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$64.12 / $52.07Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

62.2Bullish
MACD (12,26,9)

Histogram is negative

-0.422Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.1 / 82.4Bearish
Williams %R (14)

Neutral zone

-23.9Range
CCI (20)

Balanced zone

76.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$5.23 (7.61%)Bearish
Bollinger Bands (20,2)

Width 14.78%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$74.03 / $53.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$63.48 / $73.94Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.4Bullish
OBV slope

20-period OBV slope

-2.78%Bearish
Volume ratio

Relative to 20-period average volume

0.89xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.5Range
Support

Nearest Downside Decision Level

$31.63Range

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