Momentum Indicators for Health Care Equities -- Research on HCA Holdings, Community Health Systems, Tenet Healthcare, and Select Medical Holdings
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LONDON, April 2, 2014 /PRNewswire/ --
On Tuesday, April 01, 2014, the NASDAQ Composite ended at 4,268.04, up 1.64%, the Dow Jones Industrial Average finished 0.46% higher at 16,532.61, and the S&P 500 closed at 1,885.52, up 0.70%. The gains were broad based with eight out of ten sectors ending the session on a higher note. The S&P 500 Health Care Sector Index finished the day at 681.72, up 0.70%, and the same has gained 1.57% in previous three trading sessions. Investor-Edge has initiated coverage on the following equities: HCA Holdings Inc. (NYSE: HCA), Community Health Systems Inc. (NYSE: CYH), Tenet Healthcare Corp. (NYSE: THC) and Select Medical Holdings Corp. (NYSE: SEM). Free technical research on HCA, CYH, THC and SEM can be downloaded upon signing up at:
http://www.investor-edge.com/698-register
On Tuesday, shares in HCA Holdings Inc. declined 1.14% to close the trading session at $51.90. The stock recorded a trading volume of 2.81 million shares, as compared with a three months average volume of 2.71 million shares. Shares in the company oscillated between $51.54 and $52.83 during the trading session. The company's shares traded at a PE ratio of 15.27. HCA Holdings Inc.'s shares have advanced 3.06% in the previous three trading sessions, 1.37% in the last month and 8.78% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $49.66 and $44.54, respectively. Furthermore, the stock has a Relative Strength Index (RSI) of 65.42. Sign up today to read free research on HCA at:
http://www.investor-edge.com/698-HCA-02Apr2014.pdf
Community Health Systems Inc.'s stock recorded a trading volume of 1.37 million shares, as compared with a three months average volume of 1.97 million shares. The stock ended the day at $39.08, down 0.23% after vacillating between $38.90 and $39.53. Community Health Systems Inc.'s shares have gained 3.36% in the previous three trading sessions, but the stock has declined 5.85% in the last one month, and 0.48% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. Community Health Systems Inc.'s 50-day moving average of $39.59 is below its 200-day moving average of $41.81. Additionally, shares of the company have an RSI of 55.12. Sign up today to read free research on CYH at:
http://www.investor-edge.com/698-CYH-02Apr2014.pdf
On Tuesday, shares in Tenet Healthcare Corp. finished the session 0.58% lower at $42.56. A total of 1.67 million shares were traded, which is below the three months average volume of 1.94 million shares. The stock fluctuated between $42.25 and $43.28 during the session. Shares of the company traded at a PE ratio of 22.96. Tenet Healthcare Corp.'s stocks have gained 3.05% in the previous three trading sessions, and 1.04% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $43.80 and $43.24, respectively. Moreover, the stock has an RSI 54.53. Sign up today to read free research on THC at:
http://www.investor-edge.com/698-THC-02Apr2014.pdf
Shares in Select Medical Holdings Corp. reported a trading volume of 0.55 million shares, as compared with a three months average volume of 0.88 million shares. The stock ended the day at $12.65, up 1.61% and at an intraday range of $12.43 and $12.72. Select Medical Holdings Corp.'s shares have surged 6.48% in the previous three trading sessions, 12.85% in the last month and 8.96% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Select Medical Holdings Corp.'s 50-day moving average of $11.27 is above its 200-day moving average of $9.49. Furthermore, the stock has an RSI of 69.23. Sign up today to read free research on SEM at:
http://www.investor-edge.com/698-SEM-02Apr2014.pdf
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