TENET HEALTHCARE CORP (THC)
US88033G4073 - Common Stock
We assign a technical rating of 6 out of 10 to THC. In the last year, THC was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
THC is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 85% of 117 stocks in the same industry.
THC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so THC is performing more or less in line with the market.
THC has an average volume of 1155770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, THC did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month THC has a been trading in the 90.03 - 107.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
THC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
52.05
106.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 91.08 to 93.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.22 from a horizontal line in the daily time frame.
- Support @60.78 from a trend line in the weekly time frame.
- Support @52.58 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 105.11 to 105.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.87
Mansfield1.58
10 Day High103.7
10 Day Low90.03
20 Day High107.8
20 Day Low90.03
52 Week High107.8
52 Week Low51.04
Performance
1 Week2.35%
2 Weeks-2.81%
1 Month-3.97%
3 Month18.54%
6 Month84.98%
12 Month34.02%
2 Year35.51%
3 Year65.81%
5 Year348.68%
10 Year117.97%
15 Year991.78%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.7
RSI(14)49.88
LBB91.65
UBB105.22
TENET HEALTHCARE CORP
NYSE:THC (4/24/2024, 7:04:00 PM)
After market: 96.71 -1.55 (-1.58%)98.26
+0.4 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.41%
1 Week2.35%
2 Weeks-2.81%
1 Month-3.97%
3 Month18.54%
6 Month84.98%
12 Month34.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.01
ATR(20)%3.07%
ATR Inc
Range Today2.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High103.7
10 Day Low90.03
20 Day High107.8
20 Day Low90.03
52 Week High107.8
52 Week Low51.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume911.20K
Volume Incr61.38%
Vol(5)1.37M
Vol(50)1.16M