Tenet Healthcare's most recent trend suggests a bearish bias. One trading opportunity on Tenet Healthcare is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 8.7% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $50.00 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 39.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tenet Healthcare
4:36 pm Tenet Healthcare established the pricing of the previously announced private offering of senior notes maturing in 2019. A total of $600 mln aggregate principal amount of notes, which will bear interest at a rate of 5.00% per annum,
Thu, 06 Mar 2014 21:36:00 GMT
Tenet announces partnership with Yale New Haven Health System
Thu, 06 Mar 2014 12:02:30 GMT
Yale New Haven Health System and Tenet Healthcare Announce Partnership
Thu, 06 Mar 2014 12:00:00 GMT
Business Wire – Yale New Haven Health System and Tenet Healthcare Corporation have formed a partnership to create a comprehensive health care delivery network in Connecticut, with the i
TENET HEALTHCARE CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Wed, 05 Mar 2014 22:06:38 GMT
Tenet Announces Pricing of Private Offering of Senior Notes
Wed, 05 Mar 2014 21:42:07 GMT
noodls – Tenet Announces Pricing of Private Offering of Senior Notes DALLAS – March 5, 2014 – Tenet Healthcare Corporation (NYSE: THC) established today the pricing of the previously announced private offering …
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