Technical Analysis for THC - Tenet Healthcare Corporation

Grade Last Price % Change Price Change
grade B 28.91 -1.16% -0.34
THC closed down 1.68 percent on Tuesday, August 11, 2020, on 50 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical THC trend table...

Date Alert Name Type % Chg
Bearish Engulfing Bearish -1.16%
Multiple of Ten Bearish Other -1.16%
Outside Day Range Expansion -1.16%
Wide Bands Range Expansion -1.16%
Overbought Stochastic Strength -1.16%
Multiple of Ten Bearish Other -2.82%
Wide Bands Range Expansion -2.82%
Overbought Stochastic Strength -2.82%
Slingshot Bullish Bullish Swing Setup -0.72%
Wide Bands Range Expansion -0.72%

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Profile

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.
Medicine Health Surgery Radiation Neuroscience Respiratory Therapy Radiation Therapy Tumors Diagnostic Imaging Physical Therapy Clinic Financial Risk Management Acute Care Services Diagnostic Imaging Centers Outpatient Services Urgent Care Centers Acute Care Health Information Management Open Heart Surgery Operational Management Outpatient Surgery Population Health Management 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 39.3675
52 Week Low 10.0
Average Volume 2,039,252
200-Day Moving Average 25.98
50-Day Moving Average 22.31
20-Day Moving Average 25.78
10-Day Moving Average 28.01
Average True Range 1.59
ADX 30.75
+DI 32.25
-DI 15.02
Chandelier Exit (Long, 3 ATRs ) 25.78
Chandelier Exit (Short, 3 ATRs ) 22.61
Upper Bollinger Band 31.13
Lower Bollinger Band 20.42
Percent B (%b) 0.82
BandWidth 41.55
MACD Line 2.31
MACD Signal Line 1.99
MACD Histogram 0.3214
Fundamentals Value
Market Cap 2.95 Billion
Num Shares 101 Million
EPS -1.95
Price-to-Earnings (P/E) Ratio -15.00
Price-to-Sales 0.07
Price-to-Book 3.47
PEG Ratio 1.20
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.34
Resistance 3 (R3) 31.53 31.04 30.99
Resistance 2 (R2) 31.04 30.51 30.94 30.87
Resistance 1 (R1) 30.14 30.18 29.90 29.95 30.76
Pivot Point 29.65 29.65 29.52 29.55 29.65
Support 1 (S1) 28.75 29.12 28.51 28.56 27.74
Support 2 (S2) 28.26 28.79 28.16 27.63
Support 3 (S3) 27.36 28.26 27.51
Support 4 (S4) 27.17