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
$68.03 -3.05% Oct 26 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 $34B.
Market Structure
Trend structure: uptrend
Latest event: structure_shift
(bullish)
Support
37.92–38.15
· 3 touches · moderate
Support
33.61–33.85
· 3 touches · moderate
Support
63.20–63.47
· 3 touches · moderate
Resistance
69.29–69.63
· 3 touches · moderate
Support
59.46–59.90
· 3 touches · moderate
Verdict · setup score 65/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 65, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 2. ROE ≥ 17% — ROE -28.7%
- Minervini 2. Revenue growth ≥ 20% YoY — +19.4% YoY
- O'Neil A: Annual earnings & revenue quality — Rev +19.4% | ROE -28.7%
- O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
- Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
- Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
- Minervini: watch Trend-template read: 11/13 pass; wait for the soft misses to improve.
- O'Neil: watch CANSLIM read: 5/8 pass; improvement is still needed.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
74
Strong
Legend Score · rates the stock
Strong (74/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 94
- Trend Template (25%) 100
- Institutional Footprint (20%) 69
- EPS Growth (15%) 36
- Quality (SMR-like) (15%) 44
RS rank 93: top 7% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 69: mild accumulation. EPS growth reads +4%, but trailing earnings are negative — that percentage is an artifact, capped. Quality 44: weak fundamentals (sales growth 30, return on equity 39, leverage 100). Updated 2026-10-27.
Earnings
Post-earnings setup
Next earnings
Tuesday, October 27, 2026
Before market open
Exact clock time not supplied by source
Deterministic evidence
CNC-3.05%
Sector proxy · XLV+0.00%
Broad market · SPY+0.71%
CatalystUnavailable
Stock reactionNegative
Sector reactionWeak
Opening surge—
Event riskEarnings-driven
Session internals Weak
Rule: closed flat-to-down and in the bottom third of the range. Judged on internals, not on the size of the move.
Vs prior close-3.05%
From the open-3.89%
Range position14%
GapNo gap
QQQ confirmationDiverging (+1.11%)
SMH confirmationDiverging (+2.74%)
Short-term conviction -1 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.
- 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
$31.63
Tight Wks
0
Base
B2
SMA 200
$54.91
RS Line vs High
-4.7%
RS Line Slope
+9.2% ▲
Group Rank
#18/66
ADR%
3.2%
ATR(14)
$2.33 (3.4%)
Vol Pace (live)
N/A
A/D Days
15A / 13D
A/D Rating
B
VDU Bars
0/10 d
Power Trend
9d
Earnings
TODAY
CNC Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$CNC · $68.03 · as of 2026-10-26 · multi-factor read
100
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▲ Uptrend
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$65.82 ↑
100-day$65.37 ↑
200-day$54.91 ↑
Bullish (50 > 200)
RSI (14)
Reading52.7 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateBullish
Histogram+0.234
Bullish — MACD above its signal line and above zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width59% · 20.0%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol1.51 · Accumulation
Rel volume1.5×
Pocket pivots · 10d0
5d vs 50d vol104%
Heavy vol up / down0 / 1
Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.
- 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $69.39swing level
R · $72.5052-week high
Price · $68.03now
S · $63.39swing level
S · $61.81swing level
S · $59.68swing level
Fibonacci · Uptrend swing
23.6% ◄ price here$67.66
38.2%$64.67
50.0%$62.25
61.8%$59.83
78.6%$56.39
Retracement support zones measured from the recent swing low up to the high.
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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume accumulation
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.
How to read the numbers: the setup score (65/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
8 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
B
Trend-template read: 11/13 pass; wait for the soft misses to improve.
partialEnter on break of $68.03 pivot with stop at $63.15 (risk 7.2%). SEPA Grade B (4/7).
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $68.03, MA150 $59.35, MA200 $54.91
1.2 150-day MA > 200-day MAMA150 $59.35 vs MA200 $54.91
Failing evidence
2. ROE ≥ 17%ROE -28.7%
2. Revenue growth ≥ 20% YoY+19.4% YoY
O'Neil
Watch
C
CANSLIM read: 5/8 pass; improvement is still needed.
partialInverse Head & Shoulders still forming in a top industry group — ideal buy point at $68.03 on big volume. CANSLIM 73.
Passing evidence
C: Quarterly EPS acceleration ≥ 25%+383.2% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 93
Failing evidence
A: Annual earnings & revenue qualityRev +19.4% | ROE -28.7%
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Weinstein
Watch
B
Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $68.03 vs MA200 $54.91
Failing evidence
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
dennis
Watch
B
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $59.46
Volatility-unit sizing (1N ≈ 1% of equity)1N = $2.25 (3.31% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
C
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $78.23-$81.64; trail the rest
Failing evidence
Named Zanger pattern onlyInverse Head & Shoulders is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
zweig
Watch
D
Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+383.2% QoQ — Zweig wants growth above the S&P average
Price strength (RS ≥ 70)RS score 93 — Zweig buys strength, not bargains
Failing evidence
Insider buyingNo insider buying flagged
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
Livermore
Watch
B
Pivotal-point read: 5/6 structural checks pass; awaiting volume confirmation.
mediumTrend is your friend. Inverse Head & Shoulders continuation — trade in the direction of least resistance. RS score 93.
Passing evidence
Price$68.03
Relative strengthRS 93
Failing evidence
Pivotal point cleared on expanding volumeNot confirmed
Darvas
Watch
B
Box-theory read: 5/6 structural checks pass; awaiting volume confirmation.
mediumBuilding the top of the box (6.2% from 52W high) — watch for a box breakout with volume expansion.
Passing evidence
Price$68.03
Relative strengthRS 93
Failing evidence
Box top broken on heavy volumeNot confirmed
Wyckoff
Watch
B
Supply-and-demand read: 5/6 structural checks pass; awaiting volume confirmation.
Passing evidence
Price$68.03
Relative strengthRS 93
Failing evidence
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?
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 +1
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B
4/7 criteria
Separate score from the Minervini Trend Template (8/8): 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
+383%
Revenue growth ≥20% YoY
+19%
Gross margin ≥30%
7%
ROE ≥17%
-29%
RS rating ≥80 (leadership)
93
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-6.2%
Method Playbook
Trade it like Weinstein
EXACT LEVELS · PRO
Weinstein B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact.
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 a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation.
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)
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 ~64.55 (mid-cup), then a breakout through ~72.50 on strong volume.
Confirms above
72.50
Invalidates at
64.55
Rim
69.63
Cup Low
59.46
Pivot
72.50
Mid Cup
64.55
Cup depth 15%, recovery 84%, 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
93
Trend template
8/8 ✓
CANSLIM
73.4* (B)
left shoulder: 63.2
head: 56.67
right shoulder: 63.47
shoulder symmetry: 0.004
prior decline: 0.183
sessions since breakout: 30
breakout volume ratio: 1.567
retest: ✓
confirmed via right armpit: ✓
validation reason: valid inverse head-and-shoulders
multi tf evaluated: ✓
multi tf reason: weekly trend template 8/8 confirmed
Why This Setup?
D+W Confluence
Inverse Head & Shoulders · schematic
Inverse H&S breakout: LS 63.20, head 56.67, RS 63.47, neckline 68.38, breakout 30 bars ago, vol 1.57x (confirmed via right armpit) | Strong trend (8/8) | Top RS (93) | High-confidence pattern (90%) | Accumulation (1.5× up/dn vol) | Power Trend | Stage 2 | Readiness 74/100 (watch) | CANSLIM 73.4 (B) | ⚠ Late-stage base (#4); 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.
6/7
universals met
- Clear of earnings — not met in 0 days — event risk
- A relative-strength leader — met RS rank 85
- Asymmetric reward — met Met — levels are a Pro detail
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
- Not chasing (in range) — met Met — levels are a Pro detail
- Risk is defined — met Met — levels are a Pro detail
- Volume confirms — met 1.5× average
Minervini Trend Template
8/8 ✓Grades 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
$68.03 vs SMA150 $59.35 / SMA200 $54.91
SMA 150 above SMA 200
SMA150 $59.35 vs SMA200 $54.91
SMA 200 trending up
Slope +2.56 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $65.82
Price above SMA 50
$68.03 vs SMA50 $65.82
30%+ above 52-week low
+115.1% from $31.63
Within 25% of 52-week high
-6.2% from $72.50
RS score above 70
RS 93
Fundamentals
52W Range
89%
Mkt Cap SEC
33.7B
EPS QoQ
+383%
Rev YoY
+19%
ROE
-29%
Gross Margin
7%
D/E
0.87
EPS TTM
$-13.53
Float
495M
Insider
No Buy
Company
Company profile
Centene Corporation
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
73.4* CANSLIM
* disqualified on C, M
C · Curr. EPS
40
A · Annual EPS
47
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
93
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
100
W. Support
$41.68
W. Resist
$72.50
W. Patterns
Base Breakout
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
20× streakOct 27
Inverse Head & Shoulders
✓ Gate
65
Oct 26
Inverse Head & Shoulders
✓ Gate
65
0.0%
Oct 23
Inverse Head & Shoulders
✓ Gate
65
-3.0%
Latest News
Headlines for CNCLoading headlines…
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