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Watch for Centene Corp to Potentially Rebound After Falling 1.81% Yesterday

By Amy Schwartz

Centene Corp (NYSE:CNC) traded in a range yesterday that spanned from a low of $65.78 to a high of $68.09. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $68.96 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Centene Corp and will alert subscribers who have CNC in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Centene Corp has traded in a range of $41.62 to $74.70 and is now at $67.33, 62% above that low. The 200-day and 50-day moving averages have moved 0.54% higher and 0.71% higher over the past week, respectively.

Keywords: rebounders centene corp

Ticker(s): CNC