Centene Shares Climb 1.68% as Volume Dips 31.91% and Ranks 421st in Trading Activity

On October 13, 2025, Centene (CNC) traded with a volume of $0.24 billion, representing a 31.91% decline from the previous day’s volume. The stock ranked 421st in trading activity among listed companies, while the company’s shares rose 1.68% in intraday trading.

Recent market dynamics suggest mixed investor sentiment toward the stock. Despite reduced liquidity in the short term, the 1.68% price increase indicates potential technical buying interest. However, the significant drop in trading volume raises questions about the sustainability of the upward movement, as lower participation may limit follow-through momentum in subsequent sessions.

Historical performance metrics for a RSI-oversold strategy applied to Centene from January 1, 2022, to October 13, 2025, reveal a total return of 29.66% across signal trades. The strategy, which triggers positions when RSI14 falls below 30 and closes them after one trading day, generated an annualized return of 8.0% with a maximum drawdown of -12.9%. The Sharpe ratio of 0.53 highlights moderate risk-adjusted performance, while the average trade return of +0.86% underscores limited but consistent gains.