Watch Recovering
THC
Tenet Healthcare Corporation
Healthcare · Medical Care Facilities · large-cap ($16.9B)
-20.4%
from rolling 252-day high of $247.21 set 2026-03-05 · 72d ago
Current
$196.66
Decline depth
-20.4%
Decline σ
1.2σ
TFC
2/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Structural break signals

THC qualifies for the Watch on decline depth.

Decline depth
-20.4%
From rolling 252-day high of $247.21, 72d ago. Past the 20% Watch threshold.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
1.2σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (2.48% per day).

The structural read

What price action says about THC.

THC qualifies for the Watch on decline depth — down -20.4% from its rolling 252-day high.

Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.

Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether THC's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.

Upstream TFC read: moderate alignment, current phase weekly. Last bar types — daily 2D (red), weekly 2U (green), monthly 1 (green).

Earnings on file: 2026-04-30. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $146.60 49.8% of range 52W high $247.21

Sector context · Healthcare

215 other Healthcare tickers are on Broken Stocks.

107 Red List
57 Amber
51 Watch
-34.8% Median decline

Worst in sector: OPRX (-76.6%). Least-bad: KYMR (-20.2%). See all Healthcare listings →

Questions about THC

What people ask.

Why is THC on Broken Stocks?

THC qualifies for the Watch on decline depth. It is down -20.4% from its rolling 252-day high of $247.21, set on 2026-03-05 — 72d ago. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for THC?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — THC is still Watch because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is THC a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. THC is down -20.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is THC a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is THC trading inside its 52-week range?

At $196.66, THC sits 49.8% of the way from its 52-week low ($146.60) to its 52-week high ($247.21). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has THC been declining?

The current 20.4% decline accrued over 72d, which annualizes to roughly -103.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does THC compare to its sector?

There are 215 other Healthcare tickers on Broken Stocks: 107 Red, 57 Amber, 51 Watch, with 23 showing recovering structural signals. Median sector decline is -34.8% — THC's decline is shallower than the sector median.

Does THC's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-04-30) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.