TENET HEALTHCARE CORP (THC)

US88033G4073 - Common Stock

122.65  -2.57 (-2.05%)

After market: 122.65 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, THC scores 4 out of 10 in our technical rating. Although THC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month THC has a been trading in the 120.53 - 144.94 range, which is quite wide. It is currently trading near the lows of this range.
THC is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 80% of 107 stocks in the same industry.
THC has an average volume of 1470600 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 82% of all other stocks. On top of that, THC also shows a nice and consistent pattern of rising prices. However, we also see that THC couldn't keep up this performance in the last couple of months.
THC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so THC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
THC Weekly chart
THC Daily chart
Setup Rating and Analysis

4

THC has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

121.41

167.50

When analyzing the support we notice one important area.

  • A support zone ranging from 122.64 to 122.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 129.71 to 131.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 165.84 to 165.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.31
Mansfield-1.18
10 Day High130.79
10 Day Low120.53
20 Day High144.94
20 Day Low120.53
52 Week High171.2
52 Week Low75.83
Performance
1 Week-4.14%
2 Weeks-3.77%
1 Month-13.33%
3 Month-21.66%
6 Month-6.94%
12 Month61.57%
2 Year123.61%
3 Year65.47%
5 Year287.64%
10 Year190.09%
15 Year453.48%
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)-0.05
RSI(14)26.92
LBB121.35
UBB135.86
THC Daily chart

TENET HEALTHCARE CORP

NYSE:THC (1/3/2025, 8:05:43 PM)

After market: 122.65 0 (0%)

122.65

-2.57 (-2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.05%
1 Week-4.14%
2 Weeks-3.77%
1 Month-13.33%
3 Month-21.66%
6 Month-6.94%
12 Month61.57%
2 Year123.61%
3 Year65.47%
5 Year287.64%
10 Year190.09%
15 Year453.48%
Volatility
ATR(14)3.61
ATR(20)%3.34%
ATR Inc1.04%
Range Today4.87
ADR(20)4.03
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.31
Mansfield-1.18
10 Day High130.79
10 Day Low120.53
20 Day High144.94
20 Day Low120.53
52 Week High171.2
52 Week Low75.83
CS1 End122.64
CR1 Start129.71
Volume & EV
DER(3)0.93%
DER(5)0.95%
Volume1.51M
Volume Incr-33.75%
Vol(5)937.48K
Vol(50)1.47M