CNC (CNC) — Downtrend in force
CNC (CNC) is trading at $62.99, +1.17 (+3.28%) on the session. Over the last 127 sessions the trend is down with a +77.9% move. Price is -9.2% from its 6-month high and +77.9% from its 6-month low. Annualised volatility (30-day) is ~31%.
Probability scenarios
Bearish bias — 1 bullish, 6 bearish, 1 neutral of 8 signals.
Trend Downtrend in force
CNC (CNC) is trading at $62.99. Over the last 127 sessions the trend is **down** with a +77.9% move.
Price is -9.2% from the 6-month high and +77.9% from the low. Annualised volatility (30-day) is ~31%.
Price is on the 15-day MA ($63.59) and below the 50-day SMA ($64.70).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $62.99, upper $68.64, middle $64.18, lower $59.73. Price is inside the bands — range-bound.
Bandwidth is 13.9% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 35.4. Momentum has faded; the bullish case needs rebuilding.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bearish — momentum slowing
MACD (12, 26, 9): line $-0.90, signal $-0.71, histogram -0.191.
The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 0.85) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($62.99) is +6.6% above the anchored VWAP ($59.09). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 2 support levels
Current price $62.99. Resistance above: $63.67, $64.84, $67.43. Support below: $61.25, $59.46.
Watch $63.67 as the first upside level to clear, and $61.25 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$63.67
Resistance
$64.84
Resistance
$67.43
Support
$61.25
Support
$59.46
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (+77.9% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($64.70).
- RSI (14) Bearish RSI 35 — below 50, momentum fading.
- MACD (12,26,9) Bearish Histogram negative (-0.191) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.37).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bullish Price above anchored VWAP ($59.09).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:02:05.318149620Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.