Tenet Healthcare's most recent trend suggests a bullish bias. One trading opportunity on Tenet Healthcare is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 11.11% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $35.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Tenet Healthcare is bullish and the probability of a rise 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 at 39.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tenet Healthcare
Conifer Extends Ties with LCMC
Mon, 25 Nov 2013 21:45:02 GMT
Healthcare Stock Picks in the Obamacare Muddle: A Wall Street Transcript Interview with Willem Schilpzand, an Associate Portfolio Manager and Analyst at Alpine Capital Research
Mon, 25 Nov 2013 17:49:00 GMT
HCP Extend Ties with Tenet
Fri, 22 Nov 2013 22:55:03 GMT
Athenahealth CEO: ACA doesn't feel like ‘true marketplace'
Fri, 22 Nov 2013 16:19:00 GMT
Multiples don't fall off until ‘real inflation': Larry Robbins
Fri, 22 Nov 2013 15:56:00 GMT
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