Momentum Stocks in Focus: Tenet Healthcare Corporation (NYSE:THC) , Corcept Therapeutics Incorporated (NASDAQ:CORT)

On 5/11/2017, Shares of Tenet Healthcare Corporation (NYSE:THC) closed at $18.29 in last trading day. After noting the initial trading entry at $18.11, it reached to a day’s high of $18.39 and moved to a day’s low of $17.64. The recent daily volume was 2.24 million as contrast to it’s an average volume of 4.02 million.

Technical Indicators:

The last close of the Tenet Healthcare Corporation stock reflects that it traded up +7.71% from its 50-day moving average of $16.98. The stock traded above +4.47% to its 200-day MA of $17.51. Furthermore, it moved lower -42.56% from its 52-week high of $31.84 and +30.09% up from $14.06, which is 52-week low of the stock.

Tenet Healthcare Corp.’s (THC) moved with shift of 3.57% in the past week. Over the last three months, the shares of the company have changed -3.58% and performed -9.77% over the last six months. The stock currently has Monthly Volatility of 4.97% and Weekly Volatility of 4.00%.

Corcept Therapeutics Incorporated (NASDAQ:CORT) finalized the last transaction at value of $10.04, with a daily change of +1.41% or +0.14 points. The company maintained volume of 825.93 thousand shares. In past trading day, the stock hit the maximum price of $10.20 and touched to minimum value of $9.90. It has a market cap of $ 1.14B.

Technical Indicators:

As of last trade close, the stock is trading  downside -13.30% from its one year high of $11.58 and moved +118.26% upward from $4.60, which is one year low of the stock.

The stock traded below -1.36% from its 50-day moving average of $10.18. Furthermore, the stock moved up +13.67% to its 200-day MA of $ 8.83.

During the last month, Corcept Therapeutics Incorporated’s (CORT) has changed -4.38% and performed 23.34% over the last 6 months. The mean rating score for this stock is at 3.00. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 5.20% in recent month and observed Weekly Volatility of 4.77%.

 

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