Health Net (HNT) NewsBite - HNT Is On the Move
Posted: Wednesday, July 08, 2009 11:57 AM EDT
By: Market Intelligence Center Staff
Health Net (HNT) appears to be on the move today and is now at $14.52, down $0.84 (-5.47%) on volume of 559,278 shares traded. Over the last 52 weeks the stock has ranged from a low of $7.38 to a high of $28.93. Health Net stock has been showing support around $14.35 and resistance in the $16.11 range. Technical indicators for the stock are neutral and S&P gives HNT a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on HNT the stock seems like it could be a candidate for an October out-of-the-money bear-call credit spread above the 17.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Health Net (HNT) Stock ReportSee what our analysts have uncovered about Health Net (HNT).