(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 2024-08-19 View latest technical analysis
10 day averaged volume of Teekay Tankers is 331090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 56.97 | 57.70 | 58.50 | 56.76 | 0.715 times |
| 16 Fri Aug 2024 | 57.85 | 57.39 | 58.17 | 56.87 | 0.791 times |
| 15 Thu Aug 2024 | 57.19 | 55.98 | 58.03 | 55.67 | 0.941 times |
| 14 Wed Aug 2024 | 54.99 | 55.53 | 55.93 | 54.84 | 0.822 times |
| 13 Tue Aug 2024 | 55.10 | 55.06 | 55.33 | 54.29 | 0.946 times |
| 12 Mon Aug 2024 | 55.06 | 55.35 | 56.06 | 54.86 | 0.761 times |
| 09 Fri Aug 2024 | 55.32 | 55.17 | 55.43 | 54.79 | 0.736 times |
| 08 Thu Aug 2024 | 55.33 | 55.65 | 55.68 | 54.18 | 1.371 times |
| 07 Wed Aug 2024 | 55.65 | 57.43 | 57.43 | 54.74 | 0.841 times |
| 06 Tue Aug 2024 | 56.58 | 56.11 | 57.01 | 54.96 | 1.018 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55.3 as stoploss in an intra day buy trade for a target of 59.16. However, stock will show a bearish move below 55.3.
Share price targets for Teekay Tankers (TNK)
| Target Type | Value |
| Downside Target | 52.78 |
| Downside Target | 54.29 |
| Downside Target | 56.76 |
| Upside Target | 61.56 |
| Upside Target | 62.08 |
| Upside Target | 64.91 |
| Upside Target | 65.00 |
| 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 | 56.32 |
| Downside Intraday Target | 55.67 |
| Upside Intraday Target | 58.06 |
| Upside Intraday Target | 59.15 |
| Upside Intraday Target | 57.41 |
Weekly technical analysis of Teekay Tankers (TNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 56.97 | 57.70 | 58.50 | 56.76 | 0.168 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 |
| 26 Fri Jul 2024 | 62.61 | 62.79 | 66.25 | 62.08 | 1.005 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 |
| 19 Mon Aug 2024 | 56.97 | 63.55 | 65.00 | 52.78 | 0.834 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Teekay Tankers in short term but SELL 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 55.97 and Teekay Tankers (TNK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Teekay Tankers in short term but SELL 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 55.97 and Teekay Tankers (TNK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.