Tenet Healthcare's most recent trend suggests a bearish bias. One trading opportunity on Tenet Healthcare is a Bear Call Spread using a strike $49.00 short call and a strike $55.00 long call offers a potential 10.09% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $49.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $5.45 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 below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Tenet Healthcare
Looking for opportunities in the for-profit hospital space
Thu, 13 Nov 2014 17:00:03 GMT
Who pays hospital bills? Analyzing hospitals’ payer mix
Wed, 12 Nov 2014 17:00:01 GMT
Market Realist – Government programs Government programs like Medicare and Medicaid, combined with other health insurance plans such as the Children’s Health Insurance Program (or CHIP), Department of Defense, and Department …
Your first trade for Wednesday
Tue, 11 Nov 2014 23:01:51 GMT
FMHR Final Trade: GS, RYF, THC & F
Tue, 11 Nov 2014 17:58:00 GMT
The Zacks Analyst Blog Highlights: UnitedHealth Group, WellPoint, Aetna, Tenet Healthcare and HCA Holdings
Tue, 11 Nov 2014 13:48:16 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook