$CNC, Long, Risk 1/4, why not?NYSE:CNC , Long, Risk 1/4
TP > 25%
Fundamentally the stock is good.
Look, let's go in))
Don't risk it if you're not sure.
Good luck to everyone.
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5.79 USD
2.70 B USD
154.00 B USD
499.34 M
About Centene Corporation
Sector
Industry
CEO
Sarah McGinty London
Website
Headquarters
St. Louis
Founded
1984
FIGI
BBG000BDXCJ5
Centene Corp. is a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment includes the Temporary Assistance for Needy Families program, Medicaid Expansion programs, the Aged, Blind or Disabled program, the Children's Health Insurance Program, Long-Term Services and Supports, Foster Care, Medicare-Medicaid Plans, which cover beneficiaries who are dually eligible for Medicaid and Medicare, and other state-based programs. The Medicare segment consists of Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans, and Medicare Prescription Drug Plans. The Commercial segment is involved in the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products. The Other segment refers to pharmacy operations, Envolve Benefit Options’ vision and dental services, clinical healthcare, behavioral health, international operations, and corporate management companies. The company was founded in 1984 and is headquartered in St. Louis, MO.
CNC. Will we finally see CNC reverse? This is an untested yearly level and major point of support on the chart and according to my proprietary fib pulls. Will long here with a stop loss to see if we can test all time highs again. The chart speaks for itself.
Long on CNC. Bullish Wedge. Entering demand zone.Based of technical analysis CNC should reverse and potentially hit or break above resistance. Strong support level of $61. Bullish wedge pattern on weekly timeframe. I see upside for this company due to Trumps presidency and the improvement on healthcare in the US.
Perhaps to HastyI had expected the 5 times tested botom to hold. However the dayly momentum is still a bit to high. Well, the month has not yet ended and it is not clear yet whether the bottom will be confirmed another time.
Perhaps I was a little bit to fast. Let's see.
Centene Corp | CNC | Long at $65As a managed health care company, Centene Corp NYSE:CNC doesn't get much attention. However, it is an undervalued growth stock. It's been a workhorse historically for slow and steady financial returns with a 3%+ dividend. The biggest dips along my selected moving average have been into the blue li
CNC: bouncing from its 200-day?A price action above 73.00 supports a bullish trend direction.
Increase long exposure for a break above 76.00.
The target price is set at 79.00 (its 23.6% Fibonacci retracement level.
The stop-loss is set at 71.00 its 78.6% retracement).
The price action seems to be bouncing from its 200-dau and 200
CNC: some upside potential?A price action above 75.00 supports a bullish trend direction.
Further bullish confirmation for a break above 79.00.
The profit take is set at 82.00.
The stop-loss price is set at 75.00.
Remains above its 200-day simple moving average, confirming a bullish long-term trend.
The start of upside price
RectanglePrice is close to support.
Neutral pattern until broken.
One can calculate targets using the width of the rectangle and projecting that measure up and down from the lines of the rectangle.
Top line is at 71.66 and bottom line is at 60.83.
No recommendation.
CNC - Up Trend ReachedCNC has reached a strong up trend on this daily chart.
Possibility for the bulls to make a play here and push price up off the trendline.
It is also a region of strong horizontal support.
See all ideas
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of CNC is 60.08 USD — it has decreased by −0.51% in the past 24 hours. Watch Centene Corporation stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Centene Corporation stocks are traded under the ticker CNC.
CNC stock has risen by 1.00% compared to the previous week, the month change is a 0.82% rise, over the last year Centene Corporation has showed a −18.40% decrease.
We've gathered analysts' opinions on Centene Corporation future price: according to them, CNC price has a max estimate of 93.00 USD and a min estimate of 52.00 USD. Watch CNC chart and read a more detailed Centene Corporation stock forecast: see what analysts think of Centene Corporation and suggest that you do with its stocks.
CNC stock is 1.42% volatile and has beta coefficient of 0.24. Track Centene Corporation stock price on the chart and check out the list of the most volatile stocks — is Centene Corporation there?
Today Centene Corporation has the market capitalization of 30.59 B, it has increased by 2.25% over the last week.
Yes, you can track Centene Corporation financials in yearly and quarterly reports right on TradingView.
Centene Corporation is going to release the next earnings report on Feb 4, 2025. Keep track of upcoming events with our Earnings Calendar.
CNC earnings for the last quarter are 1.62 USD per share, whereas the estimation was 1.35 USD resulting in a 19.58% surprise. The estimated earnings for the next quarter are 0.49 USD per share. See more details about Centene Corporation earnings.
Centene Corporation revenue for the last quarter amounts to 42.02 B USD, despite the estimated figure of 37.93 B USD. In the next quarter, revenue is expected to reach 39.36 B USD.
CNC net income for the last quarter is 713.00 M USD, while the quarter before that showed 1.15 B USD of net income which accounts for −37.78% change. Track more Centene Corporation financial stats to get the full picture.
No, CNC doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 30, 2024, the company has 76.00 K employees. See our rating of the largest employees — is Centene Corporation on this list?
Like other stocks, CNC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Centene Corporation stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Centene Corporation technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Centene Corporation stock shows the sell signal. See more of Centene Corporation technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.