Centene(CNC)

Centene (CNC) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CNC · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$65.89last close · Jul 22, 202652-week range $25.07 – $69.36 · 5% below the high

CNC Rising Wedge Pattern

CNC is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $57.92 (−12.6%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; CNC's own rising wedges have hit 46.2%.

DirectionBearishTarget$57.92Projected move−12.6%Breakout level$65.37

New to this pattern? What a rising wedge is and how to trade it →

CNC's Most Recent Rising Wedge Trade

CNC's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jan 5, 2026 near $43.28, then reached its target at $45.75 on Jan 16, 2026 — a 5.7% move (+0.47R) over 9 sessions. Across 62 backtested rising wedges, this setup wins 50.0% of the time.

OutcomeWinResult+5.7%R+0.47REntry$43.28Exit$45.75

Learn about rising wedge

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

CNC win rate

46.2%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

CNC Pattern Trade History

Every completed pattern trade our nightly backtest found on CNC's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Jan 5, 2026 @ $43.28	Jan 16, 2026 @ $45.75	Win	+12.6% · +0.47R
Triangle	Nov 24, 2025 @ $39.31	Dec 16, 2025 @ $38.97	Loss	+15.1% · -0.07R
Falling Wedge	Dec 12, 2024 @ $58.50	Jun 2, 2025 @ $54.91	Loss	+17.1% · -1.03R
Falling Wedge	Jul 3, 2024 @ $66.42	Jul 23, 2024 @ $64.89	Loss	+15.0% · -2.01R
Rising Wedge	Aug 16, 2023 @ $65.08	Oct 17, 2023 @ $72.12	Loss	+12.2% · -1.07R
Triangle	Nov 23, 2022 @ $83.27	Jan 5, 2023 @ $77.26	Loss	+15.8% · -1.41R
Triangle	Jun 9, 2022 @ $82.01	Jul 8, 2022 @ $88.01	Loss	+12.7% · -1.13R
Triangle	Apr 22, 2022 @ $85.53	Jun 10, 2022 @ $77.82	Win	+10.3% · +1.75R
Triangle	Apr 18, 2022 @ $85.66	Jun 10, 2022 @ $78.04	Win	+10.3% · +1.84R
Bullish Pennant	Jan 21, 2022 @ $79.65	Mar 23, 2022 @ $82.46	Win	+14.7% · +0.54R
Bullish Pennant	Feb 24, 2021 @ $59.74	Jun 2, 2021 @ $72.61	Win	+22.9% · +4.99R
Rising Wedge	Jul 30, 2020 @ $64.29	Aug 26, 2020 @ $58.84	Win	+10.6% · +1.31R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open LIN’s live chart →

EWEdwards Lifesciences

Losing trade · −7.5%

Opened Jun 30, 2026

Closed Jul 20, 2026

Open EW’s live chart →

Open SPGI’s live chart →

BROBrown & Brown

Winning trade · +6.9%

Opened Jun 26, 2026

Closed Jul 15, 2026

Open BRO’s live chart →

Learn about rising wedge

CNC Support and Resistance Levels

Price is being turned away at a ceiling near $70.25 and starting to slide. On the weekly chart, the next floor below sits near $54.94 — about 17% away.

Traders commonly watch $54.94 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $70.25 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

CNC Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$67.24	$67.57	$65.56	$65.89
Jul 21, 2026	$65.45	$67.64	$65.11	$67.59
Jul 20, 2026	$66.65	$67.00	$65.83	$65.84
Jul 17, 2026	$64.13	$66.50	$63.39	$66.44
Jul 16, 2026	$67.84	$68.00	$63.77	$63.89
Jul 15, 2026	$66.96	$67.19	$63.20	$66.61
Jul 14, 2026	$68.60	$69.36	$68.10	$68.72
Jul 13, 2026	$67.90	$68.69	$67.57	$68.29
Jul 10, 2026	$67.71	$68.01	$66.63	$67.35
Jul 9, 2026	$66.51	$67.87	$66.12	$67.60

CNC Frequently Asked Questions

What chart pattern is CNC forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Centene (CNC) on the daily chart, with a measured-move target of $57.92.

Is a rising wedge bullish or bearish?

The rising wedge detected on CNC is a bearish pattern, projecting a measured-move target of $57.92. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a rising wedge pattern, and what is its win rate?

Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

What is the price target if CNC's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $57.92 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was CNC's closing price on Jul 22, 2026?

Centene (CNC) last closed at $65.89 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.