(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 2024-08-26 View latest technical analysis
10 day averaged volume of Teekay Tankers is 248180
Date | Daily Closing Price | Open | High | Low | Volume |
26 Mon Aug 2024 | 55.91 | 56.10 | 57.05 | 55.73 | 0.862 times |
23 Fri Aug 2024 | 55.71 | 54.73 | 56.48 | 54.73 | 1.04 times |
22 Thu Aug 2024 | 54.81 | 55.40 | 55.84 | 54.71 | 0.86 times |
21 Wed Aug 2024 | 55.43 | 56.33 | 56.50 | 55.34 | 0.601 times |
20 Tue Aug 2024 | 56.02 | 56.59 | 56.75 | 55.77 | 0.861 times |
19 Mon Aug 2024 | 56.97 | 57.70 | 58.50 | 56.76 | 0.954 times |
16 Fri Aug 2024 | 57.85 | 57.39 | 58.17 | 56.87 | 1.056 times |
15 Thu Aug 2024 | 57.19 | 55.98 | 58.03 | 55.67 | 1.256 times |
14 Wed Aug 2024 | 54.99 | 55.53 | 55.93 | 54.84 | 1.097 times |
13 Tue Aug 2024 | 55.10 | 55.06 | 55.33 | 54.29 | 1.262 times |
My analysis of stock is bearish for shortterm, and stock might move down till 54.3 or till 50.8. Use a stoploss of 57.12 and if the stock hits stoploss, then it can shoot up till 59.99
Share price targets for Teekay Tankers (TNK)
Target Type | Value |
Downside Target | 52.78 |
Downside Target | 54.29 |
Upside Target | 57.05 |
Upside Target | 61.56 |
Upside Target | 61.76 |
Upside Target | 64.91 |
Upside Target | 65.00 |
Upside Target | 65.89 |
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 | 55.41 |
Downside Intraday Target | 54.91 |
Upside Intraday Target | 56.73 |
Upside Intraday Target | 57.55 |
Upside Intraday Target | 56.23 |
Weekly technical analysis of Teekay Tankers (TNK)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Mon Aug 2024 | 55.91 | 56.10 | 57.05 | 55.73 | 0.2 times |
23 Fri Aug 2024 | 55.71 | 57.70 | 58.50 | 54.71 | 0.759 times |
16 Fri Aug 2024 | 57.85 | 55.35 | 58.17 | 54.29 | 0.742 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 |
Price has moved up 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 |
26 Mon Aug 2024 | 55.91 | 63.55 | 65.00 | 52.78 | 1.016 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 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 short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Teekay Tankers in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Teekay Tankers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Teekay Tankers in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 56.04 and Teekay Tankers (TNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Teekay Tankers in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Teekay Tankers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Teekay Tankers in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 56.04 and Teekay Tankers (TNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.