$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.
Key facts today
Next report date
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Report period
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EPS estimate
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Revenue estimate
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5.20 EUR
2.45 B EUR
139.52 B EUR
499.37 M
About Centene Corporation
Sector
Industry
CEO
Sarah McGinty London
Website
Headquarters
St. Louis
Founded
1984
FIGI
BBG01K3XF4W8
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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Frequently Asked Questions
The current price of 1CNC is 55.16 EUR — it has decreased by −2.37% in the past 24 hours. Watch CENTENE stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MIL exchange CENTENE stocks are traded under the ticker 1CNC.
1CNC stock has risen by 4.08% compared to the previous week, the month change is a 1.04% rise, over the last year CENTENE has showed a −19.42% decrease.
We've gathered analysts' opinions on CENTENE future price: according to them, 1CNC price has a max estimate of 88.49 EUR and a min estimate of 49.48 EUR. Watch 1CNC chart and read a more detailed CENTENE stock forecast: see what analysts think of CENTENE and suggest that you do with its stocks.
1CNC reached its all-time high on Feb 26, 2024 with the price of 74.50 EUR, and its all-time low was 52.63 EUR and was reached on Dec 10, 2024. View more price dynamics on 1CNC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
1CNC stock is 2.43% volatile and has beta coefficient of 0.25. Track CENTENE stock price on the chart and check out the list of the most volatile stocks — is CENTENE there?
Today CENTENE has the market capitalization of 28.42 B, it has decreased by −0.97% over the last week.
Yes, you can track CENTENE financials in yearly and quarterly reports right on TradingView.
CENTENE is going to release the next earnings report on Feb 4, 2025. Keep track of upcoming events with our Earnings Calendar.
1CNC earnings for the last quarter are 1.45 EUR per share, whereas the estimation was 1.22 EUR resulting in a 19.58% surprise. The estimated earnings for the next quarter are 0.44 EUR per share. See more details about CENTENE earnings.
CENTENE revenue for the last quarter amounts to 37.74 B EUR, despite the estimated figure of 34.07 B EUR. In the next quarter, revenue is expected to reach 37.37 B EUR.
1CNC net income for the last quarter is 640.38 M EUR, while the quarter before that showed 1.07 B EUR of net income which accounts for −40.15% change. Track more CENTENE financial stats to get the full picture.
No, 1CNC 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 18, 2024, the company has 76.00 K employees. See our rating of the largest employees — is CENTENE on this list?
Like other stocks, 1CNC 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 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 technincal analysis shows the sell today, and its 1 week rating is strong 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 stock shows the strong sell signal. See more of CENTENE 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.