Tenet Healthcare had its Relative Strength (RS) Rating upgraded from 69 to 83 Thursday.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.
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Tenet Healthcare is building a consolidation with a 171.20 entry. See if it can break out in volume at least 40% higher than normal.
Tenet Healthcare reported 28% earnings growth last quarter. Revenue rose -6%. Look for the next report on or around Apr. 29.
Tenet Healthcare earns the No. 3 rank among its peers in the Medical-Hospitals industry group. Nutex Health is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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