Technical Analysis for THC - Tenet Healthcare Corporation

Grade Last Price % Change Price Change
A 64.13 0.60% 0.38
THC closed up 0.6 percent on Wednesday, May 5, 2021, on 73 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical THC trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.60%
Older End-of-Day Signals for THC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 13 hours ago
Rose Above Previous Day's High about 13 hours ago
New 52 Week High about 13 hours ago
Up 1% about 13 hours ago
Fell Below Upper Bollinger Band about 13 hours ago
View Earlier Intraday Alerts

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Profile

Tenet Healthcare Corporation Description

Tenet Healthcare Corporation, an investor-owned health care services company, owns and operates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, urgent care centers, and related health care facilities in the United States. The company's general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies. It also provides intensive care, critical care and/or coronary care units, physical therapy; and orthopedic, oncology, and outpatient services; tertiary care services, such as open-heart surgery, neonatal intensive care, and neuroscience; quaternary care in areas, including heart, liver, kidney, and bone marrow transplants, as well as burn services; gamma-knife brain surgery; and cyberknife radiation therapy for tumors and lesions in the brain, lung, neck, and spine. In addition, the company offers operational management for patient access, health information management, revenue integrity, and patient financial services; customized patient communications solutions to optimize the relationship between providers and patients; and management services, such as clinical integration, financial risk management, and population health management. As of December 31, 2012, it operated 49 hospitals, including 3 academic medical centers, a children's hospital, and a critical access hospital, with a total of 13,216 licensed beds, serving primarily urban and suburban communities in 10 states of the United States; a long-term acute care hospital; and 117 free-standing and provider-based outpatient centers in 11 states, including diagnostic imaging centers, ambulatory surgery centers, and urgent care centers. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.


Classification

Sector: Healthcare
Industry: Medical Care
Keywords: Medicine Surgery Bone Neuroscience Radiation Information Management Beds Respiratory Therapy Spine Tumors Radiology Radiation Therapy Diagnostic Imaging Acute Care Hospitals Physical Therapy Health Care Services Bone Marrow Health Management Therapy Services Clinic Financial Risk Management Ambulatory Care Health Information Management Outpatient Surgery Population Health Management Urgent Care Centers Acute Care Acute Care Services Diagnostic Imaging Centers Heart Surgery Operational Management Outpatient Services Bone Marrow Transplant Cyberknife Open Heart Surgery Radiology Services Respiratory Therapy Services

Is THC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 64.5
52 Week Low 15.19
Average Volume 1,085,974
200-Day Moving Average 39.28
50-Day Moving Average 54.24
20-Day Moving Average 55.90
10-Day Moving Average 59.22
Average True Range 2.34
ADX 23.78
+DI 36.40
-DI 12.62
Chandelier Exit (Long, 3 ATRs ) 57.48
Chandelier Exit (Short, 3 ATRs ) 56.39
Upper Bollinger Band 63.99
Lower Bollinger Band 47.81
Percent B (%b) 1.01
BandWidth 28.94
MACD Line 2.68
MACD Signal Line 1.66
MACD Histogram 1.0134
Fundamentals Value
Market Cap 6.77 Billion
Num Shares 106 Million
EPS -0.16
Price-to-Earnings (P/E) Ratio -403.33
Price-to-Sales 0.19
Price-to-Book 0.00
PEG Ratio 2.31
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 65.68
Resistance 3 (R3) 65.63 65.06 65.42
Resistance 2 (R2) 65.06 64.67 65.09 65.33
Resistance 1 (R1) 64.60 64.43 64.32 64.65 65.25
Pivot Point 64.03 64.03 63.89 64.06 64.03
Support 1 (S1) 63.57 63.64 63.29 63.62 63.01
Support 2 (S2) 63.00 63.40 63.03 62.93
Support 3 (S3) 62.54 63.00 62.84
Support 4 (S4) 62.59