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Centene Corp Bullish Moving Average Crossover Alert (CNC)

By Nick Russo

Today, shares of Centene Corp (NYSE:CNC) have crossed bullishly above their 10-day moving average of $46.10 on a volume of 966K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Centene Corp has traded in a range of $44.50 to $74.49 and is now at $46.84, 5% above that low. The 200-day and 50-day moving averages have moved 0.92% lower and 1.14% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Centene Corp on June 27th, 2019 by issuing a Downtrend alert when the shares were trading at $52.25. Since that call, shares of Centene Corp have fallen 12.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses centene corp

Ticker(s): CNC