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Best Relative Performance in the Health Care Facilities Industry Detected in Shares of Tenet Healthcare (THC , HCA , UHS , SEM , ACHC )

By Amy Schwartz

We looked at the Health Care Facilities industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Tenet Healthcare (NYSE:THC ) ranks first with a gain of 3.63%; Hca Healthcare I (NYSE:HCA ) ranks second with a gain of 2.65%; and Universal Hlth-B (NYSE:UHS ) ranks third with a gain of 2.18%.

Select Medical (NYSE:SEM ) follows with a gain of 2.15% and Acadia Healthcar (NASDAQ:ACHC ) rounds out the top five with a gain of 1.88%.

SmarTrend recommended that subscribers consider buying shares of Tenet Healthcare on October 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $24.31. Since that recommendation, shares of Tenet Healthcare have risen 25.7%. We continue to monitor Tenet Healthcare for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance Tenet Healthcare hca healthcare i universal hlth-b select medical acadia healthcar