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Today's Water-Logged And Getting Wetter Stock: Centene (CNC)

Trade-Ideas LLC identified Centene ( CNC) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Centene as such a stock due to the following factors:

  • CNC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $86.8 million.
  • CNC has traded 359,072 shares today.
  • CNC traded in a range 443.3% of the normal price range with a price range of $6.21.
  • CNC traded below its daily...