Tenet Healthcare's most recent trend suggests a bearish bias. One trading opportunity on Tenet Healthcare is a Bear Call Spread using a strike $46.00 short call and a strike $55.00 long call offers a potential 5.88% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $46.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $8.50 would be incurred if the stock rose above the $55.00 long call 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 down which suggests that the medium-term momentum for Tenet Healthcare is bearish.
The RSI indicator is at 46.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tenet Healthcare
TENET HEALTHCARE CORP Financials
Sat, 01 Mar 2014 18:04:15 GMT
Tenet Arm, University Health Pen Deal
Thu, 27 Feb 2014 20:55:05 GMT
University Health System Selects Conifer Health Solutions to Deliver Revenue Cycle Management Services
Wed, 26 Feb 2014 19:35:00 GMT
Business Wire – Conifer Health Solutions has reached an agreement with University Health System to provide revenue cycle management services to 452-bed University Health Shreveport and 247-bed Uni
Weakness Seen in Tenet Healthcare (THC): Stock Tumbles 9.1%
Wed, 26 Feb 2014 11:35:58 GMT
Why SINA, VIVUS, and Tenet Healthcare Tumbled Today
Wed, 26 Feb 2014 01:32:07 GMT
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