Stock Analysis: Centene Corp (CNC)

Stock Analysis for Centene Corp (CNC)

The Interpreter
Hey Friend, I'm analysing CENTENE CORP (CNC), and it is between the Support of $ 69.86 (PivotS1) and the Resistance of $ 71.20 (38.2% of Fibonacci). The stock is also approaching the line of PivotS1 at $ 69.86, and if it goes below this line it could reach the next Support of 0% of Fibonacci at $ 67.05.

Centene Corp (CNC)

$ 75.67 -0.7%

Last Close 25-Apr-24

Trade CNC Now

Supports

Next Support: $ 69.86

Pivot S1: $ 69.86
Fibonacci 0%: $ 67.05
Triangle Level (0): $ 65.09

Resistances

Next Resistance: $ 71.20

Pivot: $ 74.16
Fibonacci 38.2%: $ 71.20
Triangle Level (1): $ 72.04

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 01 Apr 2024	Sell Price: 77.75	Profit: Open Day1 ($ 75.33)	Abandoned Baby	Sell
002 05 Feb 2024	Sell Price: 74.07	Profit: Open Day1 ($ 73.76)	Abandoned Baby	Sell
003 16 Nov 2023	Sell Price: 72.94	Profit: Close Day1 ($ 72.61)	Engulfing	Sell
004 16 Nov 2023	Sell Price: 73.21	Profit: Close Day1 ($ 72.61)	Dark Cloud Cover	Sell
005 19 Oct 2023	Sell Price: 71.94	Profit: Close Day1 ($ 71.89)	Abandoned Baby	Sell
006 02 Oct 2023	Buy Price: 69.30	Loss: Close Day2 ($ 68.25)	Engulfing	Buy
007 14 Sep 2023	Sell Price: 67.61	Profit: Open Day1 ($ 67.56)	Dark Cloud Cover	Sell
008 22 Aug 2023	Sell Price: 63.80	Profit: Close Day1 ($ 63.63)	Abandoned Baby	Sell
009 10 Jul 2023	Buy Price: 67.31	Profit: Close Day1 ($ 67.76)	Abandoned Baby	Buy
010 23 Jun 2023	Sell Price: 66.33	Profit: Open Day1 ($ 66.30)	Abandoned Baby	Sell
011 23 Jun 2023	Sell Price: 66.37	Profit: Open Day1 ($ 66.30)	Engulfing	Sell
012 14 Jun 2023	Sell Price: 64.65	Loss: Close Day2 ($ 65.67)	Abandoned Baby	Sell
013 31 May 2023	Buy Price: 62.41	Profit: Open Day1 ($ 62.69)	Engulfing	Buy
014 11 May 2023	Buy Price: 67.37	Profit: Open Day1 ($ 67.58)	Piercing Line	Buy
015One Year Average	Both Sides Result for 14 Signals	Profit: $ 2.90 ($ 0.21 / Signal) +4.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for CNC Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	74.84	SELL	2	74.60	SELL
3	75.29	SELL	3	74.86	SELL
5	75.46	SELL	5	74.92	SELL
8	74.77	SELL	8	74.69	SELL
13	73.68	BUY	13	74.46	SELL
21	73.81	BUY	21	74.55	SELL
34	75.11	SELL	34	74.95	SELL
55	76.40	SELL	55	75.28	SELL
90	76.05	SELL	90	75.06	SELL
200	72.25	BUY	200	73.79	BUY

Company Info +

Name & IPO

Centene Corp
IPO: 2001-12-13

Stock Ticker & Exchange

Ticker: CNCIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.centene.com/
Phone:

Stock Type

Common Stock

SIC Office

Finance ()

Industry

Hospital & Medical Service Plans

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
1	Assets +	68,719	40,994	30,901	21,855	20,197	7,339	5,838	3,529	2,742	2,190	1,944	1,702	379	269
2	Investments in and Advance to Affiliates +	838	664	387	0	0	0	0	0	0	0	0	0	0	0
3	Cash and Cash Equivalents +	10,800	12,123	5,342	4,072	3,930	1,760	1,546	974	844	574	434	404	379	269
4	Property +	2,774	2,121	1,706	1,104	797	518	445	395	378	350	326	230	0	0
5	Property +	4,251	3,223	2,506	1,694	1,239	869	733	640	581	527	465	0	0	0
6	Intangible Assets +	8,388	2,063	2,239	1,398	1,545	155	120	49	20	27	29	22	0	0
7	Finite-Lived Intangible Assets +	8,388	2,063	2,239	1,398	1,545	155	120	49	20	27	29	0	0	0
8	Liabilities and Equity +	68,719	40,994	30,901	21,855	20,197	7,339	5,838	3,529	2,742	2,190	1,944	1,702	501	415
9	Liabilities +	42,757	28,302	19,878	14,979	14,143	5,015	3,947	2,286	1,788	1,254	1,147	1,083	0	0
10	Debt and Lease Obligation +	0	0	0	0	0	0	0	0	0	0	95	0	0	0
11	Temporary Equity +	77	33	10	12	145	156	148	0	0	0	0	0	0	0
12	Redeemable Noncontrolling Interest +	77	33	10	12	145	156	148	0	0	0	0	0	0	0
13	Stockholders' Equity +	25,885	12,659	11,013	6,864	5,909	2,168	1,743	1,243	954	936	797	619	501	415
14	Stockholders' Equity Attributable to Parent +	25,773	12,551	10,917	6,850	5,895	2,157	1,744	1,234	953	936	794	601	0	0
15	Preferred Stock +	0	0	0	0	0	0	0	0	0	0	0	0	0	0
16	Common Stock +	0	0	0	0	0	0	0	0	0	0	0	0	0	0
17	Partners' Capital +	6,792	4,984	3,663	2,748	1,920	1,358	1,003	732	567	565	454	359	0	0
18	Partners' Capital +	6,792	4,984	3,663	2,748	1,920	1,358	1,003	732	567	565	454	359	0	0
19	Limited Liability Company (LLC) Members' Equity +	7,129	5,118	3,607	2,745	1,884	1,348	1,002	729	567	565	454	359	0	0
20	Limited Liability Company (LLC) Members' Equity +	7,129	5,118	3,607	2,745	1,884	1,348	1,002	729	567	565	454	359	0	0
21	Current Assets +	23,393	20,323	11,998	8,703	8,365	3,605	3,034	1,800	1,374	940	657	616	0	0
22	Cash +	1,580	863	722	531	505	176	177	102	139	130	21	40	0	0
23	Current Disposal Group +	0	0	0	0	0	0	75	78	177	0	1	5	0	0
24	Long-Term Assets +	21,562	8,773	7,542	5,203	4,807	1,019	834	407	320	340	308	262	0	0
25	Long-term Investments and Receivables +	12,853	7,717	6,861	5,312	4,545	1,927	1,280	792	615	506	596	525	0	0
26	Long-Term Restricted Cash and Investments +	1,060	658	555	135	138	115	100	47	35	27	23	20	0	0
27	Long-Term Disposal Group +	0	0	0	0	0	0	0	0	2	0	0	0	0	0
28	Current Liabilities +	21,585	12,932	11,971	9,332	8,623	3,629	2,900	1,559	1,197	838	765	716	0	0
29	Long-Term Other Undisclosed Liabilities	-1,334	-811	0	0	0	0	0	0	1	0	0	0	0	0
30	Long-Term Liabilities +	21,172	15,370	7,907	5,647	5,520	1,386	1,047	727	591	416	381	367	0	0
31	Increase (Decrease) in Stockholders' Equity [Roll Forward] +	-816	-214	-139	-244	-179	-147	-98	-90	-70	-57	-50	-47	0	0
32	Treasury Stock Transactions +	-816	-214	-139	-244	-179	-147	-98	-90	-70	-57	-50	-47	0	0
33	Treasury Stock +	-816	-214	-139	-244	-179	-147	-98	-90	-70	-57	-50	-47	0	0
34	Current Other Assets +	1,317	1,090	784	687	832	390	324	218	127	78	64	65	0	0
35	Total Current Assets +	23,393	20,323	11,998	8,703	8,365	3,605	3,034	1,800	1,374	940	657	616	0	0
36	Operating Lease +	1,311	661	0	0	0	0	0	0	0	0	0	0	0	0
37	Goodwill +	18,652	6,863	7,015	4,749	4,712	842	754	348	256	282	278	225	0	0
38	Long-Term Other Assets +	1,599	1,249	527	454	95	177	80	59	64	58	30	37	0	0
39	Long-Term Regulated Entity +	157	143	75	65	77	14	14	0	0	0	0	0	0	0
40	Total Assets +	68,719	40,994	30,901	21,855	20,197	7,339	5,838	3,529	2,742	2,190	1,944	1,702	0	0
41	Total Liabilities +	42,757	28,302	19,878	14,979	14,143	5,015	3,947	2,286	1,788	1,254	1,147	1,083	0	0
42	Stockholders' Equity Attributable to Noncontrolling Interest +	112	108	96	14	14	11	-1	9	1	1	3	19	0	0
43	Total Stockholders' Equity +	25,885	12,659	11,013	6,864	5,909	2,168	1,743	1,243	954	936	797	619	501	415
44	Total Liabilities and Equity +	68,719	40,994	30,901	21,855	20,197	7,339	5,838	3,529	2,742	2,190	1,944	1,702	0	0

Income Statement +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
1	Premiums Earned +	0	0	0	43,353	35,399	19,389	14,198	10,153	8,126	5,077	4,192	3,787	0
2	Total Revenues +	111,115	74,639	60,116	48,382	40,607	22,760	16,560	10,863	8,668	5,341	4,448	4,103	3,365
3	Total Cost of Goods and Services Sold +	-3,303	-2,465	-2,386	-1,847	-1,864	0	0	0	0	0	0	0	0
4	Total Depreciation +	1,259	643	495	361	278	111	89	67	66	58	52	44	35
5	Operating Lease +	341	203	0	0	0	0	0	0	0	0	0	0	0
6	Total General and Administrative Expense +	0	0	0	0	0	1,826	1,314	931	705	587	548	515	445
7	Total Selling-General and Administrative Expense +	9,867	6,533	6,043	4,446	3,676	1,802	1,298	0	0	0	0	0	0
8	Gain (Loss) on Disposition of Business +	104	0	0	0	0	0	0	0	0	0	0	0	0
9	Gain (Loss) on Disposition of Other Assets +	0	0	0	0	0	0	0	0	0	0	-8	0	0
10	Total Operating Income (Loss) +	3,082	1,781	1,458	1,199	1,260	705	464	277	-27	190	157	138	132
11	Total Investment Income +	0	0	0	0	0	0	0	0	11	10	11	7	0
12	Total Investment Income +	480	443	253	190	114	35	28	18	36	13	15	16	22
13	Total Interest Expense +	728	412	343	255	217	43	35	27	20	20	18	16	17
14	Total Gain (Loss) on Extinguishment of Debt +	57	30	0	0	0	0	0	0	0	8	0	0	0
15	Total Income (Loss) from Continuing Operations before Equity Method Investments +	2,773	1,782	1,368	1,134	1,157	697	457	269	-12	175	154	138	137
16	Income (Loss) from Equity Method Investments +	0	0	0	3	5	8	6	0	0	0	0	0	0
17	Income Tax Expense (Benefit) +	-979	-473	-474	-326	-599	-339	-196	-107	0	-67	-60	-49	-52
18	Total Income (Loss) from Continuing Operations +	0	0	0	482	-41	19	65	55	-11	41	34	40	32
19	Discontinued Operation +	0	0	0	0	0	0	4	6	-134	-13	0	0	0
20	Discontinued Operation +	0	0	0	0	-2	1	3	4	-86	-9	-4	1	0
21	Total Income (Loss) from Discontinued Operations +	0	0	0	0	0	0	3	4	-87	-9	4	-2	-1
22	Total Net Income (Loss) +	1,794	1,309	894	808	561	357	264	166	-11	108	98	86	83
23	Total Net Income (Loss) Attributable to Redeemable Noncontrolling Interest +	0	0	0	20	-2	2	0	0	0	0	0	0	0
24	Total Net Income (Loss) Attributable to Noncontrolling Interest +	14	12	6	20	1	-2	7	-1	13	3	3	3	0
25	Total Net Income (Loss) Attributable to Parent +	1,808	1,321	900	828	562	355	271	165	2	111	95	84	83
26	Income (Loss) from Continuing Operations +	0	0	0	808	558	358	261	162	-11	108	94	89	84
27	Total Income (Loss) from Continuing Operations +	0	0	0	1,636	1,117	714	529	323	-9	219	185	175	168
28	Income (Loss) from Discontinued Operations +	0	0	0	0	0	0	3	4	-87	-9	4	-2	-1
29	Total Income (Loss) from Discontinued Operations +	0	0	0	0	3	-1	3	4	-87	-9	4	-2	-1
30	Income (Loss) from Continuing Operations +	0	0	0	4.80	3.50	2.99	2.30	2.98	0.04	2.22	1.87	2	1.95
31	Total Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations +	0	0	0	0	0.02	-0.01	0.03	0.07	-1.68	-0.18	0.08	-0.06	-0.02
32	Total Earnings Per Share +	3.17	3.19	2.31	4.80	3.52	2.98	2.33	3.05	0.04	2.22	1.95	1.94	1.93
33	Income (Loss) from Continuing Operations +	0	0	0	4.80	3.50	2.99	2.30	2.98	0.04	2.22	1.87	2	1.95
34	Income (Loss) from Continuing Operations +	0	0	0	4.69	3.41	2.89	2.23	2.87	0.03	2.12	1.80	1.94	1.90
35	Total Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations +	0	0	0	0	0.02	-0.01	0.02	0.07	-1.62	-0.18	0.08	-0.05	-0.02
36	Total Earnings Per Share +	3.12	3.14	2.26	4.69	3.43	2.88	2.25	2.94	0.03	2.12	1.88	1.89	1.88
37	Discontinued Operation +	0	0	0	0	0	0	4	6	-134	-13	0	0	0

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

SEC Filings +

SEC Filings (click for details) SEC Filings Web Page for Centene Corp

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