
Technical analysis of Tenet Healthcare Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Tenet Healthcare Corporation is a healthcare services company that operates general hospitals and ambulatory care facilities in the United States. It provides acute care services, intensive care, specialized surgical procedures, imaging centers, emergency departments, and ambulatory surgery centers. The company operates through two main segments: Hospital Operations and Services and Ambulatory Care.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
261.25 $
+2.30%
50 sessions
264.25 $
+1.14%
200 sessions
216.81 $
+23.26%
s2
271.66
Support
s1
273.39
Support
pivot
275.50
Pivot
r1
277.23
Resistance
r2
279.34
Resistance
In the October 16, 2026 session Tenet Healthcare Corporation closed lower at 267.25 $, −2.86% versus the previous session.
The price sits above every moving average observed: +2.30% against the 21-session average, +1.14% against the 50 and +23.26% against the 200.
The 14-period RSI reads 55.0, in neutral territory.
MACD stands at 2.715 against a signal line at 1.423: the histogram is positive (+1.292).
ADX reads 14.1, indicating weak directionality.
Levels computed on the latest session place supports at 273.39 and 271.66 $ and resistances at 277.23 and 279.34 $, around a pivot of 275.50.
The average daily range (ATR) is 7.301 $, or 2.73% of price.
Turnover was 827.9K shares, 140% of the 20-session average.
Over the last twelve months the price ranged between 157.58 and 283.05 $, and today stands −5.58% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Tenet Healthcare Corporation analysed technically?
Technical analysis of Tenet Healthcare Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Tenet Healthcare Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Tenet Healthcare Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Tenet Healthcare Corporation it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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