| Centene is an insurance holding company. Co.'s Managed Care segment provides health plan coverage to individuals through government subsidized programs. Co. also provides a variety of individual, small group, and large group commercial healthcare products, both to employers and directly to members in the Managed Care segment. Co.'s Specialty Services segment consists of Co.'s specialty companies prviding healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations, as well as to its own subsidiaries. The Specialty Service segment also includes the Government Contracts business. |
When researching a stock like Centene, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CNC Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CNC stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CNC 200 day moving average ("CNC 200 DMA"), while one of the most popular "shorter look-backs" is the CNC 50 day moving average ("CNC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Centene. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CNC 200 DMA and the CNC 50 DMA, we get a moving average convergence divergence indicator ("CNC MACD"). The CNC MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).