(TNK) Teekay Tankers complete technical analysis [charts+indicators] | Buy/Sell Teekay Tankers | (TNK) share price targets
Complete technical analysis of Teekay Tankers (TNK) by charts plus indicators, forecast predictions and share price targets for Teekay Tankers (TNK)
Teekay Tankers trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-08-14 View latest technical analysis
10 day averaged volume of Teekay Tankers is 394420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 54.99 | 55.53 | 55.93 | 54.84 | 0.69 times |
| 13 Tue Aug 2024 | 55.10 | 55.06 | 55.33 | 54.29 | 0.794 times |
| 12 Mon Aug 2024 | 55.06 | 55.35 | 56.06 | 54.86 | 0.639 times |
| 09 Fri Aug 2024 | 55.32 | 55.17 | 55.43 | 54.79 | 0.618 times |
| 08 Thu Aug 2024 | 55.33 | 55.65 | 55.68 | 54.18 | 1.151 times |
| 07 Wed Aug 2024 | 55.65 | 57.43 | 57.43 | 54.74 | 0.706 times |
| 06 Tue Aug 2024 | 56.58 | 56.11 | 57.01 | 54.96 | 0.855 times |
| 05 Mon Aug 2024 | 56.07 | 54.80 | 56.36 | 52.78 | 1.489 times |
| 02 Fri Aug 2024 | 58.09 | 59.70 | 60.43 | 57.95 | 1.194 times |
| 01 Thu Aug 2024 | 61.65 | 63.55 | 65.00 | 60.01 | 1.92 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56, but if it comes above 56, then a intra day buy could be more profitable.
If you take a sell trade below 56, then use 56 as stoploss and 51.1 as target. However if you take a buy trade in stock , then use 56 as stoploss and 60.09 as target.
Share price targets for Teekay Tankers (TNK)
| Target Type | Value |
| Downside Target | 52.78 |
| Downside Target | 54.29 |
| Upside Target | 57.31 |
| Upside Target | 61.56 |
| Upside Target | 64.91 |
| Upside Target | 65.00 |
| Upside Target | 65.15 |
| Upside Target | 65.89 |
| Upside Target | 66.25 |
| Upside Target | 70.00 |
| Upside Target | 74.00 |
| Upside Target | 74.20 |
Intraday share price targets for Teekay Tankers (TNK)
| Target Type | Value |
| Downside Intraday Target | 54.17 |
| Downside Intraday Target | 53.34 |
| Upside Intraday Target | 55.94 |
| Upside Intraday Target | 56.88 |
| Upside Intraday Target | 55.11 |
Weekly technical analysis of Teekay Tankers (TNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 54.99 | 55.35 | 56.06 | 54.29 | 0.441 times |
| 09 Fri Aug 2024 | 55.32 | 54.80 | 57.43 | 52.78 | 0.983 times |
| 02 Fri Aug 2024 | 58.09 | 63.57 | 65.89 | 57.95 | 1.652 times |
| 26 Fri Jul 2024 | 62.61 | 62.79 | 66.25 | 62.08 | 1.005 times |
| 19 Fri Jul 2024 | 62.77 | 63.50 | 65.15 | 61.56 | 0.807 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Teekay Tankers (TNK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 54.99 | 63.55 | 65.00 | 52.78 | 0.692 times |
| 31 Wed Jul 2024 | 65.44 | 68.70 | 70.00 | 61.56 | 0.947 times |
| 28 Fri Jun 2024 | 68.81 | 73.42 | 74.00 | 64.91 | 0.813 times |
| 31 Fri May 2024 | 72.83 | 58.31 | 74.20 | 57.31 | 1.094 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Teekay Tankers (TNK)
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Teekay Tankers ( (TNK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Teekay Tankers ( (TNK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Teekay Tankers stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Teekay Tankers in short term and the sell signal is strong.
Teekay Tankers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Teekay Tankers in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Teekay Tankers is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.04 and Teekay Tankers (TNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Teekay Tankers (TNK) stock. Volume based technical analysis of Teekay Tankers (TNK) stock is negative.
Teekay Tankers Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Teekay Tankers ( (TNK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Teekay Tankers ( (TNK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Teekay Tankers stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Teekay Tankers in short term and the sell signal is strong.
Teekay Tankers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Teekay Tankers in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Teekay Tankers is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.04 and Teekay Tankers (TNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Teekay Tankers (TNK) stock. Volume based technical analysis of Teekay Tankers (TNK) stock is negative.
Teekay Tankers Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.