The best indicator for Centene Corporation (CNC)
We backtested 366 indicators across daily, weekly and hourly charts on real Centene Corporation (CNC) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI
On the weekly chart, this is the strongest risk-adjusted edge we found for Centene Corporation (CNC) over ~24.6 years — beating buy-and-hold by 1.5% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Centene Corporation (CNC) — trailing buy-and-hold by 11.2% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | CCI ✓ | Weekly | 18.3% | 0.85 | -34.5% | 89.7% | 29 | 1.5% |
| 2 | MA Envelope ✓ | Weekly | 15.5% | 0.64 | -54.7% | 73.1% | 67 | -1.2% |
| 3 | SMC: Liquidity Sweep ✓ | Weekly | 14.4% | 0.61 | -65.8% | 88.9% | 18 | -2.3% |
| 4 | Center of Gravity ✓ | Weekly | 13.6% | 0.6 | -37.7% | 54.5% | 154 | -3.1% |
| 5 | QQE ✓ | Weekly | 16.6% | 0.59 | -61.9% | 52.9% | 68 | -0.1% |
| 6 | MA Envelope ✓ | Daily | 12.6% | 0.58 | -59.3% | 70.6% | 194 | -4.1% |
| 7 | Projection Bands ✓ | Daily | 10.7% | 0.55 | -58.3% | 71.6% | 197 | -6.0% |
| 8 | Lorentzian Classification ✓ | Weekly | 12.4% | 0.55 | -65.2% | 53.6% | 222 | -4.3% |
| 9 | SMC: Liquidity Sweep ✓ | Daily | 12.6% | 0.55 | -65.2% | 74.1% | 81 | -4.1% |
| 10 | Order-Flow Reversion ✓ | Weekly | 9.6% | 0.54 | -30.4% | 84.2% | 19 | -7.1% |
| 11 | Connors RSI ✓ | Daily | 10.0% | 0.53 | -68.7% | 65.1% | 278 | -6.7% |
| 12 | Murrey Math Lines ✓ | Daily | 11.1% | 0.53 | -56.7% | 82.9% | 70 | -5.6% |
| 13 | Parabolic SAR ✓ | Weekly | 11.6% | 0.53 | -58.8% | 55.2% | 58 | -5.1% |
| 14 | Demand Index ✓ | Weekly | 12.7% | 0.53 | -59.6% | 67.2% | 64 | -4.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Centene Corporation (CNC), CCI on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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