REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CNC has been trading over the last 2 weeks and the past day especially. On its latest session, Centene Corporation ($CNC) opened at 47.2, reaching a high of 47.3 and a low of 45.77 before closing at a price of 45.77. There was a total volume of 5598581.
VOLUME INDICATORS FOR CENTENE CORPORATION ($CNC): We saw an accumulation-distribution index of 1851.94514, an on-balance volume of 46.88, chaikin money flow of 29.6 and a force index of 0.0423. There was an ease of movement rating of 0.00026, a volume-price trend of -2.56346 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR CENTENE CORPORATION ($CNC): We noted an average true range of 0.98494, bolinger bands of 46.45912, an upper bollinger band of 45.44088, lower bollinger band of 45.77, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 46.75667, high band keltner channel of 46.65667, low band keltner channel of 46.85667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 45.77, a donchian channel low band of 45.77, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR CENTENE CORPORATION ($CNC): We calculated a Moving Average Convergence Divergence (MACD) of 0.00808, a MACD signal of 0.00449, a MACD difference of 0.00359, a fast Exponential Moving Average (EMA) indicator of 45.77, a slow Exponential Moving Average (EMA) indicator of 45.77, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 2.22512, a trix of -2.52086, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 2.81271, a KST Oscillator (KST) of -57.89537 and a KST Oscillator (KST Signal) of -57.89537 (leaving a KST difference of 1.85251). We also found an Ichimoku rating of 47.25, an Ichimoku B rating of 47.25, a Ichimoku visual trend A of 49.06686, an Ichimoku visual trend B of 47.67475, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR CENTENE CORPORATION ($CNC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.64174, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -119.27834, a stochastic oscillator of 1530.0, a stochastic oscillator signal of 1530.0, a Williams %R rating of 1430.0 and an awesome oscillator of -0.25117.
RETURNS FOR CENTENE CORPORATION ($CNC): There was a daily return of -5.78954, a daily log return of 0.78346 and a cumulative return of 0.78654.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Centene Corporation ($CNC)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Centene Corporation ($CNC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.