Stand aside — setup invalidated
Setup score 65, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
CNC · Centene Corporation
$65.40 +2.09% Sep 10 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$CNC
Centene CorporationCentene Corporation is a large-cap Managed Health Care company in the Health Services sector with a market cap of $32B.
Verdict · setup score 65/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 65, but distribution days reach 5 or more — stand aside until the condition resets.
Earnings
Normal technical setup
Next earnings
Tuesday, October 27, 2026
Before market open
Exact clock time not supplied by source
Deterministic evidence
CNC+2.09%
Broad market · SPY-0.60%
Session internals Green but fading
Rule: closed up but below the open and in the bottom third of the range. Judged on internals, not on the size of the move.
Vs prior close+2.09%
From the open-0.15%
Range position5%
GapFaded
QQQ confirmationDiverging (-1.06%)
SMH confirmationDiverging (-2.44%)
⚠ Green but fading. The day closed below its open and in the lower third of the range. This is not strong momentum, whatever the headline percentage says.
Short-term conviction -2 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- Session closed below its open and in the lower third of the day's range — green on the day, but the move faded.
- QQQ, SMH moved against the stock — no index confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$29.98
Tight Wks
0
Base
B3
SMA 200
$50.77
RS Line vs High
-5.8%
RS Line Slope
+1.7% ▲
Group Rank
#7/58
ADR%
2.9%
ATR(14)
$2.12 (3.2%)
Vol Pace (live)
N/A
U/D Vol
0.85
A/D Days
16A / 19D
A/D Rating
E
VDU Bars
0/10 d
Earnings
in 45d
CNC Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$CNC · $65.40 · as of 2026-09-10 · multi-factor read
67
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▬ Sideways / consolidating
Monthly
▲ Uptrend
Moving Averages
50-day$65.52 ↓
100-day$61.48 ↑
200-day$50.77 ↑
Bullish (50 > 200)
RSI (14)
Reading50.3 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateWeakening
Histogram-0.085
Weakening — MACD slipped below its signal line. Histogram contracting.
Bollinger Bands (20,2)
%B / Width49% · 7.1%
Squeeze — volatility compressing
Mid-band — no directional band edge in play. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.
Volume · Buyer vs Seller
Up/Down vol0.85 · Neutral
Rel volume1.04×
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
Support & Resistance
R · $66.55swing level
R · $68.38swing level
R · $69.3352-week high
Price · $65.40now
S · $63.39swing level
S · $59.90swing level
S · $56.70swing level
Fibonacci · Uptrend swing
23.6%$60.46
38.2%$54.95
50.0%$50.49
61.8%$46.04
78.6%$39.70
Retracement support zones measured from the recent swing low up to the high.
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Monthly uptrendAbove 200-day MA50/200 bullishRS 90 (leader)
Want this read in a legend's voice?
Ask a Legend about CNC
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini C
Trend-template read: fails Price > 50-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $65.40, MA150 $53.76, MA200 $50.77
1.2 150-day MA > 200-day MAMA150 $53.76 vs MA200 $50.77
Failing evidence
1.5 Price > 50-day MAPrice $65.40 vs MA50 $65.52
2. Quarterly EPS growth ≥ 25%-25.5% QoQ
Avoid
O'Neil D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 90
N: Near 52-week high or RS line new high5.7% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-25.5% QoQ
A: Annual earnings & revenue qualityRev +19.4% | ROE -24.0%
Watch
Weinstein C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $65.40 vs MA200 $50.77
Failing evidence
Volume expansion above averageVolume ratio 1.04x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$65.40
Relative strengthRS 90
Failing evidence
Volume vs average1.04x
Pivotal point cleared on expanding volumeNot confirmed
Watch
Darvas B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$65.40
Relative strengthRS 90
Failing evidence
Volume vs average1.04x
Box top broken on heavy volumeNot confirmed
Watch
Wyckoff B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$65.40
Relative strengthRS 90
Failing evidence
Volume vs average1.04x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Shooting Star — Long upper shadow with a small body near the low — sellers rejected higher prices. A caution flag when price is extended above a pivot.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -5
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
-26%
Revenue growth ≥20% YoY
+19%
Gross margin ≥30%
7%
ROE ≥17%
-24%
RS rating ≥80 (leadership)
90
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-5.7%
Method Playbook
Trade it like O'Neil
EXACT LEVELS · PRO
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro levelPublished-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Forming Patterns (predictive — not confirmed)
Inverse Head & Shoulders
bullish
forming
80%
built
Possible inverse head & shoulders — not confirmed. Watch for a daily close above ~69.06 (neckline) to confirm, with a measured move toward ~81.45. A drop under the right shoulder near 63.47 weakens the structure; a close below the head near 56.67 invalidates it.
Confirms above
69.06
Invalidates at
56.67
Left Shoulder
63.20
Head
56.67
Right Shoulder
63.47
Neckline
69.06
Target
81.45
LS 63.20 / head 56.67 / RS 63.47, neckline ~69.06, 5.3% below confirmation
Cup & Handle
bullish
near confirmation
90%
built
Cup complete, possible handle forming — watch for a quiet 5-15 bar drift on light volume holding above ~63.02 (mid-cup), then a breakout through ~68.83 on strong volume.
Pivot Watch
4.98% away
Tightness / volume
Tightening · No VDU
Recent-pace band
3–8 sessions
Confirms above
68.83
Invalidates at
63.02
Rim
69.36
Cup Low
56.67
Pivot
68.83
Mid Cup
63.02
Cup depth 18%, recovery 69%, handle=forming
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
65
setup score
RS Score
90
Trend template
7/8
CANSLIM
67.3* (B)
high slope: -0.0156
low slope: 0.0843
triangle height: 3.2
depth: 0.0479
triangle volume ratio: 0.812
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly trend template 8/8 confirmed
Why This Setup?
Ascending Triangle · schematic
Flat resistance (slope=-0.0156), rising lows (slope=0.0843) | Strong trend (7/8) | Top RS (90) | Moderate pattern (60%) | Stage 2 | Readiness 71/100 (approaching) | CANSLIM 67.3 (B) | ⚠ 3rd-stage base; Negative earnings (CANSLIM C fail)
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
3/7
universals met
- Risk is defined — not met No stop — undefined risk
- Asymmetric reward — partly met No target set
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 1.0× average — light
- A relative-strength leader — met RS rank 87
- Clear of earnings — met in 45 days
- In a confirmed uptrend — met Stage 2 · Trend template 7/8
Minervini Trend Template
7/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$65.40 vs SMA150 $53.76 / SMA200 $50.77
SMA 150 above SMA 200
SMA150 $53.76 vs SMA200 $50.77
SMA 200 trending up
Slope +2.98 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $65.52
Price above SMA 50
$65.40 vs SMA50 $65.52
30%+ above 52-week low
+118.1% from $29.98
Within 25% of 52-week high
-5.7% from $69.36
RS score above 70
RS 90
Fundamentals
52W Range
90%
Mkt Cap SEC
32.3B
EPS QoQ
-26%
Rev YoY
+19%
ROE
-24%
Gross Margin
7%
D/E
0.87
EPS TTM
$-13.53
Float
494M
Company
Company profile
Centene Corporation
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
67.3* CANSLIM
* disqualified on C, M
C · Curr. EPS
20
A · Annual EPS
50
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
90
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
100
W. Support
$31.63
W. Resist
$69.36
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
3× streakSep 11
Ascending Triangle
65
Sep 10
watchlist_candidate
0
0.0%
Sep 08
Trend Only
✓ Gate
89
+1.3%
Sep 08
Trend Only
✓ Gate
89
+1.3%
Sep 08
Trend Only
✓ Gate
87
+1.3%
Sep 08
Trend Only
✓ Gate
86
+1.3%
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