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Tenet Healthcare Has Returned 19.2% Since SmarTrend Recommendation (THC)

By James Quinn

SmarTrend identified a Downtrend for Tenet Healthcare (NYSE:THC) on August 8th, 2018 at $31.78. In approximately 2 months, Tenet Healthcare has returned 19.21% as of today's recent price of $25.67.

Tenet Healthcare share prices have moved between a 52-week high of $39.74 and a 52-week low of $12.25 and are now trading 110% above that low price at $25.67 per share. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has declined 2.5%.

Tenet Healthcare Corporation, through its subsidiaries, owns or operates general hospitals and related health care facilities serving communities in the United States. The Company operates rehabilitation hospitals, specialty hospitals, long-term care facilities, psychiatric facilities, and medical office buildings near its general hospitals, as well as ancillary health care businesses.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Tenet Healthcare.

Log in and add Tenet Healthcare (THC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Tenet Healthcare

Ticker(s): THC