Tenet Healthcare's most recent trend suggests a bullish bias. One trading opportunity on Tenet Healthcare is a Bull Put Spread using a strike $44.00 short put and a strike $39.00 long put offers a potential 5.26% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $44.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $39.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tenet Healthcare is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Tenet Healthcare is bullish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Tenet Healthcare
Tenet is the Presenting Sponsor of the 2014 Clinton Foundation Health Matters Conference
Thu, 09 Jan 2014 23:02:00 GMT
Business Wire – Tenet Healthcare Corporation is the presenting sponsor of the third annual “Health Matters: Activating Wellness in Every Generation” conference scheduled for January 13-15 in La Quinta, Calif.
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Wed, 08 Jan 2014 18:44:28 GMT
Tenet Healthcare falls as analyst lowers rating
Wed, 08 Jan 2014 18:11:30 GMT
Tenet Healthcare falls as analyst lowers rating
Wed, 08 Jan 2014 18:11:30 GMT
Tenet downgraded to Market Perform from Outperform at Raymond James
Wed, 08 Jan 2014 11:22:29 GMT
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