Tenet Healthcare's most recent trend suggests a bullish bias. One trading opportunity on Tenet Healthcare is a Bull Put Spread using a strike $60.00 short put and a strike $50.00 long put offers a potential 18.34% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $8.45 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Tenet Healthcare is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Tenet Healthcare is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Tenet Healthcare
Tenet Healthcare Reaches 52-Week High on Q2 Earnings Beat
Tue, 19 Aug 2014 17:35:02 GMT
How Rick Perry Could Warm To Obamacare's Medicaid Expansion
Sun, 17 Aug 2014 18:38:00 GMT
Quantitative screens: relative strength scans
Thu, 14 Aug 2014 06:11:01 GMT
Corporate America's ‘report cards' are strong
Mon, 11 Aug 2014 16:04:00 GMT
Red States Pressured To Expand Medicaid As Care Contrasts Emerge
Sun, 10 Aug 2014 14:00:00 GMT
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