Tenet Healthcare's most recent trend suggests a bearish bias. One trading opportunity on Tenet Healthcare is a Bear Call Spread using a strike $43.00 short call and a strike $48.00 long call offers a potential 8.7% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $43.00 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 $48.00 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 30.45 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 Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
Mon, 10 Mar 2014 20:31:21 GMT
Tenet Announces Completion of Private Offering of Senior Notes
Mon, 10 Mar 2014 19:52:05 GMT
noodls – Tenet Announces Completion of Private Offering of Senior Notes DALLAS – March 10, 2014 – Tenet Healthcare Corporation (NYSE: THC) announced the successful completion of its previously announced private …
Tenet Announces Completion of Private Offering of Senior Notes
Mon, 10 Mar 2014 18:00:00 GMT
Business Wire – Tenet Healthcare Corporation announced the successful completion of its previously announced private offering of $600 million aggregate principal amount of 5.00% senior
Tenet, Yale New Haven Collaborate
Fri, 07 Mar 2014 18:30:08 GMT
Tenet to Present at the Barclays Global Healthcare Conference on March 11
Fri, 07 Mar 2014 15:27:11 GMT
noodls – DALLAS – March 7, 2014 – Tenet Healthcare Corporation (NYSE:THC) will participate in the 2014 Barclays Global Healthcare Conference in Miami on Tuesday, March 11, 2014. Trevor Fetter, president and chief …
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