| WellCare Health Plans is a holding company. Through its subsidiaries, Co. is a managed care company and focuses primarily on providing government-sponsored managed care services to families, children, seniors and individuals with complex medical needs primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, as well as individuals in the Health Insurance Marketplace. Medicaid provides medical assistance to elderly, disabled, children and their families. The Medicare program provides health care coverage primarily to individuals age 65 or older as well as to individuals with certain disabilities and consists of four parts, labeled A through D. |
When researching a stock like WellCare Health Plans, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from WCG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for WCG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the WCG 200 day moving average ("WCG 200 DMA"), while one of the most popular "shorter look-backs" is the WCG 50 day moving average ("WCG 50 DMA"). A chart showing both of these popular moving averages is shown on this page for WellCare Health Plans.