Centene Corporation (CNC) is trading at $59.14, which is -39.2% below its all-time high of $97.22. The Drawdown Severity Score is 7.6, placing it in the red (severe) zone. Over its tracked history, CNC has experienced 161 significant drawdown events with an average maximum drawdown of -5.4%.

Data last updated: May 25, 2026 at 05:11 PM EDT

CNC

Stock

Centene Corporation

Price

$59.14

as of May 22, 2026

All Time High: $97.22

🔴

Very Strong

Current Drawdown

-39.2%

Days in Drawdown

1323

Avg Max Drawdown

5.4%

Avg Length

45

Drawdown Severity Score™

7.6

CNC - Price & High Water Mark

CNC - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Centene Corporation (CNC) Analysis: Current Drawdown Insights

Centene Corporation is currently experiencing an unusual drawdown opportunity. As of 2026-05-22, the stock is trading at $59.14, which represents a 39.2% decline from its all-time high of $97.22. This drawdown has persisted for 1323 days.

Based on comprehensive historical analysis spanning 14 years, Centene Corporation typically experiences drawdowns averaging 5.4% in depth, with an average duration of 45 days. Centene Corporation has gone through 161 total drawdown events in the last 14 years. The largest drawdown for Centene Corporation in the last 14 years was 41.8%. The longest drawdown duration in its history was 996 days.

The Drawdown Severity Score™ for Centene Corporation currently stands at 7.59. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown—the asset seldom sees declines at this level. This may represent a buying opportunity for value-focused investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Centene Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 161 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2022-10-07Ongoing1323 days-39.2%$97.22$59.14
2022-08-112022-08-122 days-0.9%$94.82$94.01$96.64
2022-08-032022-08-086 days-0.5%$93.31$92.80$93.32
2022-07-272022-08-027 days-1.0%$93.15$92.25$93.31
2022-07-202022-07-256 days-1.3%$91.35$90.16$91.93
2022-04-212022-07-1586 days-15.0%$89.01$75.70$89.66
2022-04-082022-04-2013 days-4.2%$88.56$84.88$89.01
2022-03-182022-04-0721 days-6.3%$87.98$82.46$88.56
2022-03-072022-03-169 days-5.2%$86.05$81.57$86.87
2022-02-102022-03-0423 days-5.9%$85.95$80.84$86.05
2021-12-272022-02-0844 days-11.1%$84.72$75.34$85.67
2021-12-162021-12-227 days-1.1%$83.33$82.42$84.37
2021-12-132021-12-142 days-0.4%$78.45$78.15$81.85
2021-11-182021-12-1023 days-7.9%$76.18$70.18$78.45
2021-11-152021-11-173 days-1.2%$75.86$74.98$76.18
2021-07-132021-11-09120 days-20.0%$74.70$59.73$74.77
2021-06-182021-07-1225 days-3.5%$74.31$71.69$74.70
2021-05-262021-06-1723 days-7.0%$73.96$68.78$74.31
2018-08-302021-05-21996 days-41.8%$73.44$42.73$73.73
2018-08-172018-08-226 days-0.6%$71.96$71.54$72.03
2018-07-242018-08-0816 days-4.9%$68.06$64.70$68.73
2018-07-162018-07-194 days-1.0%$67.26$66.61$67.63
2018-06-212018-07-0515 days-2.9%$62.88$61.06$63.99
2018-06-192018-06-202 days-0.6%$62.52$62.13$62.88
2018-06-142018-06-185 days-0.9%$62.33$61.75$62.52
2018-05-312018-06-067 days-1.4%$59.40$58.58$59.49
2018-05-292018-05-302 days-1.3%$59.21$58.46$59.40
2018-05-072018-05-2519 days-3.3%$58.33$56.42$59.21
2018-04-192018-05-0214 days-4.0%$56.11$53.87$57.12
2018-01-232018-04-1784 days-10.9%$55.79$49.69$56.06
2018-01-182018-01-225 days-0.6%$55.67$55.33$55.79
2018-01-162018-01-172 days-0.2%$54.74$54.65$55.67
2018-01-102018-01-112 days-0.2%$52.99$52.90$53.39
2018-01-082018-01-092 days-0.5%$52.74$52.46$52.99
2018-01-042018-01-052 days-1.8%$52.22$51.25$52.74
2017-12-282018-01-037 days-2.1%$51.51$50.44$52.22
2017-12-212017-12-277 days-0.8%$51.47$51.08$51.51
2017-12-012017-12-2020 days-7.1%$51.04$47.43$51.47
2017-09-142017-11-2977 days-8.5%$49.08$44.89$49.51
2017-09-012017-09-077 days-0.6%$44.42$44.16$44.54
2017-08-292017-08-302 days-0.1%$43.17$43.11$43.22
2017-08-232017-08-286 days-0.6%$43.13$42.85$43.17
2017-07-212017-08-2233 days-7.0%$42.70$39.71$43.13
2017-06-262017-07-1823 days-5.3%$42.08$39.85$42.22
2015-06-262017-06-22728 days-37.8%$40.74$25.34$41.50
2015-06-232015-06-253 days-2.5%$40.17$39.16$40.74
2015-06-172015-06-193 days-0.9%$39.61$39.24$39.74
2015-06-022015-06-1514 days-4.1%$37.95$36.41$38.88
2015-04-272015-05-2933 days-15.9%$36.83$31.00$37.67
2015-04-092015-04-2315 days-4.9%$35.66$33.90$36.27
2015-03-312015-04-089 days-1.2%$35.62$35.18$35.66

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

Don't Miss the Next Rare Buying Opportunity

See 9 real alerts from the past 5 years with actual returns

Average gain: +988% • Real alerts • Real results

Or explore current opportunities:

CNC Price History and Drawdown Data

Latest price

$59.14

High-water mark

$97.22

Current drawdown

-39.2%

Days in drawdown

1,323

This CNC page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Centene Corporation drawdowns.

What History Says About CNC

Centene Corporation has dropped 10%+ from its high 7 times in its tracked history. These events lasted an average of 299 days with an average max drop of -21.8%.

The current drawdown of -39.2% has lasted 1,323 days, which is 4.4x the average duration of comparable events.

PeriodMax DropDuration
Aug 2018 to May 2021-41.8%996 days
Jun 2015 to Jun 2017-37.8%728 days
Jul 2021 to Nov 2021-20.0%120 days
Apr 2015 to May 2015-15.9%33 days
Apr 2022 to Jul 2022-15.0%86 days
Dec 2021 to Feb 2022-11.1%44 days

Track CNC in a weekly digest

Get one weekly drawdown digest and a reminder to build a watchlist for tickers like Centene Corporation. No per-article blasts.

Learn More About Drawdowns