Trading Signals: CNC Stock Price Prediction and Forecast

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Thu. Mar. 3, 2016

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

(Centene Corporation)
CNC latest price $30.1600 (1.89%) ($29.2600 - $30.1700) on Thu. Mar. 3, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.67% (three month average)
RSI   74
Latest Price   $30.1600(1.89%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CNC advances 1% a day on average for past five trading days.
Weekly Trend   CNC advances 2.9% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CNC advance at 0% a week (0% probability)
XLV(56%)    IVE(49%)    IWD(49%)    SDY(48%)    SPY(48%)
Factors Impacting CNC price   CNC will decline at least -1.335% in a week (0% probabilities).
TLT(-16%)    VIXM(-13%)    UUP(-8%)    IGOV(-6%)    TIP(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.335% (StdDev 2.67%)
Hourly BBV 0 ()
Intraday Trend 2.2%

5 Day Moving Average   $29.26(3.08%)
10 Day Moving Average   $28.92(4.29%)
20 Day Moving Average   $28.42(6.12%)
To recent high   -9.9%
To recent low   12.3%
Market Cap   $17.473b

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 3.41% (three month std-dev: 2.67%) daily (68% of days).

Sample size 3 Average positive next day return: 2.68%(67%) Average negative next day return: -0.77%(33%) Sample size 3 Average positive next three day return: 1.79%(67%) Average negative next three day return: -4.83%(33%) Sample size 3 Average positive next weekly return: 3.17%(33%) Average negative next weekly return: -1%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160403

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	Mar_3_2016	29.91	28.42	28.92	29.26	29.21	29.55	30.16(1.89%)	UT	OpenLong	75	0.9	32	80	18	72	2.78	53%	0.07	-24.9	2.67%	0	1.8	74	INF
2	Mar_2_2016	29.89	28.39	28.69	28.98	28.98	29.14	29.6(1.23%)	UT	OpenLong	75	0.7	25	40	12	62	4.88	53%	0.03	-38.2	2.71%	0	1.3	65	INF
3	Mar_1_2016	29.88	28.41	28.6	28.79	28.84	28.86	29.24(2.67%)	UT	OpenLong	75	0.4	20	10	6	60	2.39	53%	0.03	-39.3	2.7%	0	0.8	60	INF
4	Feb_29_2016	29.87	28.52	28.44	28.66	28.69	28.82	28.48(-1.25%)	UD	OpenLong	65	-0.1	13	30	-2	58	3.97	53%	0	-31.7	2.68%	0	-0	63	INF
5	Feb_26_2016	29.87	28.63	28.3	28.73	28.7	28.83	28.84(0.28%)	UT	OpenLong	75	0.1	22	30	11	56	4.34	54%	0.03	-29.5	2.71%	0	0.2	51	INF

6	Feb_25_2016	29.86	28.66	28.11	28.51	28.64	28.56	28.76(0.42%)	UT	OpenLong	75	0.2	11	-10	7	21	3.83	54%	0.07	-35.1	2.73%	0	0.1	42	INF
7	Feb_24_2016	29.84	28.76	27.97	28.35	28.37	28.57	28.64(0.25%)	DP	OpenShort	-75	0.2	-5	50	-4	-8	2.4	54%	0.07	-37.4	2.73%	0	-0.1	43	INF
8	Feb_23_2016	29.82	28.82	27.88	28.38	28.41	28.73	28.57(-1%)	N/A	N/A	0	0.1	8	80	16	-17	2.84	54%	0.03	-40.3	2.73%	0	-0.2	40	INF
9	Feb_22_2016	29.81	28.92	27.71	28.19	28.28	28.18	28.86(4.11%)	DP	OpenShort	-65	0.4	-3	-20	16	-60	4.52	54%	0.03	-42.3	2.73%	0	-0	36	INF
10	Feb_19_2016	29.8	29.04	27.65	27.8	27.94	28.09	27.72(-0.86%)	DP	OpenShort	-65	-0	-24	50	1	-99	4.29	51%	0.03	-46.1	2.77%	0	-0.8	35	INF

11	Feb_18_2016	29.79	29.15	27.87	27.63	27.75	28.39	27.96(-2.95%)	DP	OpenShort	-65	0.2	-10	170	17	-90	5.46	51%	0.03	-51.9	2.97%	0	-0.7	45	INF
12	Feb_17_2016	29.78	29.32	28.05	27.52	27.35	27.79	28.81(4.46%)	DP	OpenShort	-65	0.8	-12	90	18	-101	9.6	51%	0.07	-54	2.95%	0	-0.3	42	INF
13	Feb_16_2016	29.76	29.43	28.18	27.31	27.2	27.11	27.58(2.45%)	DP	OpenShort	-65	0.2	-22	-40	9	-114	3.99	48%	0.07	-54.3	2.89%	0	-1.1	42	INF
14	Feb_12_2016	29.74	29.58	28.57	27.17	27	26.91	26.92(0.22%)	DP	OpenShort	-75	-0.2	-43	-40	-16	-125	3.89	47%	-0.13	-60.9	2.86%	0	-1.6	36	INF
15	Feb_11_2016	29.78	29.81	28.98	27.49	27.09	27.29	26.86(-2.15%)	DT	OpenShort	-75	-0.4	-44	10	-19	-117	4.43	46%	-0.17	-61.2	2.89%	0	-1.9	34	INF

16	Feb_10_2016	29.83	30.01	29.27	28.15	27.67	27.1	27.45(-1.12%)	DT	OpenShort	-75	-0.5	-34	-200	-14	-94	5.13	46%	-0.1	-63.7	2.9%	0	-1.9	44	INF
17	Feb_9_2016	29.86	30.22	29.62	28.65	28.25	26.89	27.76(3.35%)	DP	OpenShort	-75	-0.7	-57	-380	-45	-91	8.86	46%	-0.13	-65.9	2.9%	0	-2	40	INF
18	Feb_8_2016	29.9	30.37	29.87	29.18	29.13	28.24	26.86(-5.75%)	DT	OpenShort	-75	-2.1	-63	-220	-56	-85	6.09	44%	-0.17	-72.4	2.87%	0	-3.1	37	INF
19	Feb_5_2016	29.95	30.6	30.28	30.17	30.04	29.61	28.5(-5.54%)	DT	OpenShort	-75	-2.1	-28	-110	-25	-36	6.18	46%	-0.1	-79.5	2.78%	0	-2.7	45	INF
20	Feb_4_2016	29.98	30.78	30.59	30.68	30.59	30.03	30.17(0.67%)	DP	OpenShort	-75	-0.8	-6	-140	-6	-7	4.05	49%	-0.07	-84.6	2.69%	0	-0.9	47	INF

21	Feb_3_2016	30	30.91	30.58	30.55	30.65	30.48	29.97(-1.48%)	DT	OpenShort	-75	-0.7	-18	-30	-17	-22	4.85	49%	-0.07	-76.8	2.7%	0	-1.2	49	INF
22	Feb_2_2016	30.02	31.08	30.71	30.74	30.68	31.15	30.42(-4.34%)	N/A	N/A	0	-0.3	5	100	8	-6	4.14	49%	-0.03	-58.6	2.69%	0	-0.7	47	INF
23	Feb_1_2016	30.03	31.2	30.79	30.65	30.72	30.82	31.8(2.48%)	N/A	N/A	0	1.1	15	30	20	0	4.07	52%	0	-56.2	2.65%	0	0.6	56	INF
24	Jan_29_2016	30.03	31.24	30.65	30.43	30.41	30.21	31.03(5.12%)	DP	OpenShort	-75	0.6	-17	-50	-13	-28	3.95	52%	0	-61.5	2.64%	0	-0.2	49	INF
25	Jan_28_2016	30.03	31.34	30.66	30.54	30.6	30.63	29.52(-4.53%)	DT	OpenShort	-75	-0.9	-8	10	-3	-24	5.19	49%		-53.6	2.56%	0	-1.7	42	INF
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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