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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Tenet Healthcare Corporation (NYSE:THC)
Long-Term Uptrend (+90) - THC is in a strong uptrend that is likely to continue. While THC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid THC?
MarketClub looks at technical strength and momentum to determine if the timing is right for THC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for THC
The long-term trend has been UP since Jan 8th, 2024 at 78.545
The intermediate-term trend has been UP since Apr 30th, 2024 at 103.700
The short-term trend has been UP since Apr 30th, 2024 at 99.180
Smart Scan Analysis for THC
Based on our trend formula, THC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 123.320 | 124.600 | 121.165 | 121.420 | -2.650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 124.070 | 649621 | 2024-05-08 13:23:34 |
| Year High | 39.739 | Year High Date | 2018-07-26 |
| Year Low | 14.5 | Year Low Date | 2018-01-08 |
| 52wk High | 124.9189 | 52wk High Date | 2024-05-07 |
| 52wk Low | 51.04 | 52wk Low Date | 2023-10-31 |
| Year End Close | 32.47 | Average Volume | 1,466,161 |
| Shares Outstanding | 101,552 | Short Interest | 7,544,259 |
| % Institutional | 97.4 | Market Cap | 2,696M |
| Assets | 289,070,000M | Liabilities | 254,540,000M |
| P/E Ratio | 4.8145 | Beta | 2.27 |
| Volatility | 57.25 |