Technical Analysis for THC - Tenet Healthcare Corporation

Grade Last Price % Change Price Change
grade F 21.99 -1.61% -0.36
THC closed down 1.61 percent on Friday, January 18, 2019, on 61 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. 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 Down Flat Up
See historical THC trend table...

Date Alert Name Type % Chg
Jan 18 Fell Below 50 DMA Bearish 0.00%
Jan 18 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 18 Weak + Overbought Other 0.00%
Jan 18 Outside Day Range Expansion 0.00%
Jan 18 Wide Bands Range Expansion 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 MACD Bullish Centerline Cross Bullish -1.61%
Jan 17 Narrow Range Bar Range Contraction -1.61%
Jan 17 NR7 Range Contraction -1.61%
Jan 17 Inside Day Range Contraction -1.61%

Older signals for THC ...

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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.
Is THC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 39.74
52 Week Low 16.605
Average Volume 1,557,820
200-Day Moving Average 28.9484
50-Day Moving Average 22.0118
20-Day Moving Average 19.4675
10-Day Moving Average 21.305
Average True Range 0.9808
ADX 25.84
+DI 28.3513
-DI 20.0728
Chandelier Exit (Long, 3 ATRs ) 19.7676
Chandelier Exit (Short, 3 ATRs ) 19.5474
Upper Bollinger Band 23.4719
Lower Bollinger Band 15.4631
Percent B (%b) 0.81
BandWidth 41.139335
MACD Line 0.1548
MACD Signal Line -0.4314
MACD Histogram 0.5862
Fundamentals Value
Market Cap 2.22 Billion
Num Shares 101 Million
EPS -1.95
Price-to-Earnings (P/E) Ratio -11.28
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) 23.03
Resistance 3 (R3) 23.13 22.88 22.85
Resistance 2 (R2) 22.88 22.62 22.83 22.79
Resistance 1 (R1) 22.44 22.46 22.32 22.34 22.74
Pivot Point 22.19 22.19 22.13 22.14 22.19
Support 1 (S1) 21.75 21.93 21.63 21.65 21.24
Support 2 (S2) 21.50 21.77 21.45 21.19
Support 3 (S3) 21.06 21.50 21.13
Support 4 (S4) 20.96