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Tenet Healthcare Bullish Moving Average Crossover Alert (THC)

By David Diaz

Today, shares of Tenet Healthcare (NYSE:THC) have crossed bullishly above their 10-day moving average of $18.30 on a volume of 313K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Tenet Healthcare share prices have moved between a 52-week high of $60.93 and a 52-week low of $14.06 and are now trading 32% above that low price at $18.53 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has advanced 1.9%.

SmarTrend is tracking the current trend status for Tenet Healthcare and will alert subscribers who have THC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Tenet Healthcare

Ticker(s): THC