Trading Signals: CNC Stock Price Prediction and Forecast

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Wed. Nov. 23, 2016

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

(Centene Corporation)
CNC latest price $28.2100 (0.89%) ($27.6400 - $28.2300) on Wed. Nov. 23, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.29% (three month average)
RSI   46
Latest Price   $28.2100(0.89%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CNC advances 0.3% a day on average for past five trading days.
Weekly Trend   CNC declines -3.6% 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(59%)    IVE(52%)    IWD(52%)    SDY(50%)    SPLV(50%)
Factors Impacting CNC price   CNC will decline at least -1.645% in a week (0% probabilities).
TLT(-18%)    VIXM(-12%)    UUP(-10%)    IGOV(-6%)    TIP(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.645% (StdDev 3.29%)
Hourly BBV 0 ()
Intraday Trend 1.5%

Resistance Level   $29.23
5 Day Moving Average   $28.45(-0.84%)
10 Day Moving Average   $27.67(1.95%)
20 Day Moving Average   $29.23(-3.49%)
To recent high   -19.3%
To recent low   11.3%
Market Cap   $16.343b

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 7.56% (three month std-dev: 3.29%) daily (68% of days).

Sample size 3 Average positive next day return: 3.62%(67%) Average negative next day return: 0%(33%) Sample size 3 Average positive next three day return: 2.44%(100%) Average negative next three day return: %(0%) Sample size 3 Average positive next weekly return: 1.31%(33%) Average negative next weekly return: -0.9%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161223

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	Nov_23_2016	32.98	29.23	27.67	28.45	28.44	28.21	28.21(0.89%)	DP	OpenShort	-75	-0.1	-21	-60	-5	-68	3.56	37%	-0.18	-34.5	3.29%	0	-0.5	46	INF
2	Nov_22_2016	33.04	29.41	27.55	28.37	28.54	28.61	27.96(-3.29%)	DT	HoldShort	-50	-0.2	-19	40	4	-87	3.75	37%	-0.18	-33	3.29%	0	-0.6	45	INF
3	Nov_21_2016	33.1	29.64	28.03	28.25	28.31	28.67	28.91(1.62%)	DP	OpenShort	-65	0.3	-3	100	21	-73	3.75	39%	-0.18	-31	3.27%	0	-0.3	46	INF
4	Nov_18_2016	33.16	29.77	28.35	27.63	27.84	28.46	28.45(-0.87%)	N/A	N/A	0	0.4	0	180	28	-84	2.73	39%	-0.24	-35.3	3.26%	0	-0.6	44	INF
5	Nov_17_2016	33.24	29.9	28.56	27	27.15	27.96	28.7(3.2%)	DP	OpenShort	-65	0.7	-13	230	20	-112	5.45	38%	-0.18	-41.3	3.27%	0	-0.5	43	INF

6	Nov_16_2016	33.3	30.02	28.71	26.81	26.68	27.21	27.81(1.57%)	DP	OpenShort	-65	0.4	-20	120	17	-129	5.08	37%	-0.21	-42.6	3.25%	0	-1	40	INF
7	Nov_15_2016	33.37	30.19	28.97	26.65	26.66	26.34	27.38(6.17%)	DP	OpenShort	-75	0.3	-58	-80	-24	-159	10.33	37%	-0.18	-44.7	3.25%	0	-1.3	37	INF
8	Nov_14_2016	33.43	30.37	29.33	27.86	26.67	26.14	25.79(1.78%)	DP	OpenShort	-75	-1	-83	-270	-60	-150	8.17	32%	-0.27	-32.4	3.15%	0	-2.2	29	INF
9	Nov_11_2016	33.52	30.6	29.9	29.22	28.45	26.99	25.34(-8.59%)	DT	OpenShort	-75	-2.1	-55	-440	-40	-101	9.78	32%	-0.3	-21.5	3.14%	0	-2.8	33	INF
10	Nov_10_2016	33.62	30.87	30.56	30.31	29.87	27.19	27.72(2.55%)	DP	OpenShort	-75	-1.8	-68	-670	-66	-75	10.21	36%	-0.21	-9.9	2.97%	0	-2.2	41	INF

11	Nov_9_2016	33.69	31.01	30.99	30.84	30.67	29.92	27.03(-19.07%)	DT	OpenShort	-75	-3	-66	-190	-69	-55	18.92	36%	-0.21	-3.2	2.95%	0	-3.2	39	INF
12	Nov_8_2016	33.76	31.21	31.52	31.52	31.59	32.56	33.4(2.42%)	UT	OpenLong	75	2.1	50	220	58	27	3.31	51%	-0.03	14.2	1.8%	0	2.4	65	INF
13	Nov_7_2016	33.77	31.07	31.41	31.04	31.05	31.42	32.61(5.84%)	UT	OpenLong	75	2.1	30	80	37	9	4.45	48%	-0.03	-2.9	1.78%	0	2	64	INF
14	Nov_4_2016	33.78	31.07	31.29	30.76	30.79	30.62	30.81(1.58%)	DP	OpenShort	-75	0.1	-11	-40	-11	-11	1.9	40%	-0.09	-15.3	1.62%	0	-0.3	61	INF
15	Nov_3_2016	33.81	31.01	31.32	30.91	30.98	30.68	30.33(-0.39%)	N/A	N/A	0	-0.9	-19	-60	-26	3	1.8	46%	-0.09	-25.9	1.6%	0	-1	56	INF

16	Nov_2_2016	33.84	31.05	31.4	31.19	31.28	30.97	30.45(-1.71%)	N/A	N/A	0	-1.1	-10	-60	-24	31	2.56	46%	-0.09	-34.4	1.68%	0	-0.9	56	INF
17	Nov_1_2016	33.87	31.08	31.48	31.5	31.49	31.27	30.98(-0.83%)	N/A	N/A	0	-0.8	-7	-50	-28	58	2.95	48%	-0.09	-46.6	1.67%	0	-0.2	57	INF
18	Oct_31_2016	33.9	31.09	31.47	31.84	31.82	31.59	31.24(-1.05%)	UD	OpenLong	65	-0.9	14	-50	-10	87	3.86	48%	-0.09	-55	1.68%	0	0.2	54	INF
19	Oct_28_2016	33.93	31.11	31.35	31.89	32.1	31.7	31.57(-0.44%)	UD	OpenLong	65	-0.4	16	-70	-5	78	1.84	53%	-0.06	-54.3	1.68%	0	0.6	49	INF
20	Oct_27_2016	33.95	31.19	31.21	31.79	32	32.04	31.71(-0.84%)	UD	OpenLong	65	-0.1	12	30	-4	61	2.34	50%	-0.09	-52	1.75%	0	0.5	56	INF

21	Oct_26_2016	33.98	31.28	31.05	31.64	31.82	32.49	31.98(-2.14%)	UD	OpenLong	75	0.3	34	160	27	55	4.16	42%	-0.03	-49.1	1.76%	0	0.6	57	INF
22	Oct_25_2016	33.99	31.38	30.89	31.47	31.48	31.96	32.68(3.65%)	UT	OpenLong	75	0.9	40	110	39	41	6.47	44%	-0.03	-46.2	2.03%	0	0.9	63	INF
23	Oct_24_2016	34	31.45	30.68	31.07	31.06	31.14	31.53(1.55%)	UT	OpenLong	75	0.3	15	20	17	9	2.75	40%	-0.03	-48.1	1.97%	0	0.1	52	INF
24	Oct_21_2016	34.01	31.57	30.67	30.74	30.87	31	31.05(0.26%)	N/A	N/A	0	0.2	5	40	11	-13	1.84	44%	-0.03	-50	2.01%	0	-0.3	42	INF
25	Oct_20_2016	34.02	31.72	30.65	30.54	30.63	30.98	30.97(-0.42%)	N/A	N/A	0	0.3	0	90	15	-44	1.66	44%		-49.6	2.01%	0	-0.5	28	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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