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Centene Corp Crosses Below its 10-day MA (CNC)

By David Diaz

Centene Corp (NYSE:CNC) shares have crossed bearishly below their 10-day moving average of $55.30 on a volume of 641K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Centene Corp share prices have been bracketed by a low of $45.44 and a high of $74.49 and are now at $55.14, 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.3%.

SmarTrend is monitoring the recent change of momentum in Centene Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Centene Corp in search of a potential trend change.

Keywords: moving crosses centene corp

Ticker(s): CNC