Stock Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Tenet Health Care (NYSE:THC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for THC
The long term trend has been DOWN since Sep 7th, 2018 at 31.250
The intermediate term trend has been UP since Jan 9th, 2019 at 20.770
The short term trend has been UP since Jan 3rd, 2019 at 18.025
Smart Scan Analysis for THC
Based on a pre-defined weighted trend formula for chart analysis, THC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||39.739||Year High Date||2018-07-26|
|Year Low||14.5||Year Low Date||2018-01-08|
|52wk High||39.739||52wk High Date||2018-07-26|
|52wk Low||12.45||52wk Low Date||2017-12-06|
|Year End Close||32.47||Average Volume||1,563,436|
|Shares Outstanding||106,475||Short Interest||7,544,259|