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Managed Health Care Industry Stocks Technical Analysis - CNCArchive
- 7/24/2026 -
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Centene Corporation (CNC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Centene Corporation (CNC). During the week, the CNC dropped -3.03 points, or -4.56%, and closed at 63.41 on Friday, July 24, 2026. Weekly volume was -58% below average.
CNC is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CNC long-term trend chart]
A long-term downtrend had started on August 15, 2022 at 98.53 and reached 25.08 on August 7, 2025. CNC lost 73.45 points, or 74.55%, in 155 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (7.23) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See CNC medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 31.63 and reached 69.36 on July 14, 2026. CNC gained -37.73 points, or -119.29%, in 15 weeks. The price is now at the 15.77% retracement level.
 Weekly Technical Indicators: [See CNC weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since April 24, 2026. This is an indication that the medium-term trend is up. 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 July 14, 2026 at 69.36 and reached 62.86 on July 23, 2026. CNC lost 6.50 points, or 9.37%, in 9 days. The price is now at the 8.46% 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 July 2, 2026. This is an indication that the short-term trend is down.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 10.03% on Friday. It is 59.05% lower than one year average. It indicates the period of low volatility of the stock price. 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.
Price is close to the 50 Day Moving Average. 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.
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