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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Tenet Healthcare Corporation (NYSE:THC)
Long-Term Downtrend (-90) - THC is in a strong downtrend that is likely to continue. While THC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 6th, 2024 at 137.0801
The intermediate-term trend has been DOWN since Nov 25th, 2024 at 141.0900
The short-term trend has been DOWN since Dec 12th, 2024 at 137.5100
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 |
|---|---|---|---|---|
| 128.630 | 130.245 | 127.770 | 129.690 | +0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.710 | 314750 | 2024-12-24 12:59:41 |
| Year High | 39.739 | Year High Date | 2018-07-26 |
| Year Low | 14.5 | Year Low Date | 2018-01-08 |
| 52wk High | 171.2 | 52wk High Date | 2024-09-23 |
| 52wk Low | 73.21 | 52wk Low Date | 2024-01-05 |
| Year End Close | 32.47 | Average Volume | 1,459,745 |
| Shares Outstanding | 95,097 | Short Interest | 7,544,259 |
| % Institutional | 97.4 | Market Cap | 2,696M |
| Assets | 293,720,000M | Liabilities | 255,380,000M |
| P/E Ratio | 4.156 | Beta | 2.27 |
| Volatility | 57.25 |