(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 2024-09-20 View latest technical analysis
10 day averaged volume of Teekay Tankers is 230510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 55.77 | 56.20 | 56.62 | 55.15 | 2.717 times |
| 19 Thu Sep 2024 | 57.07 | 57.00 | 57.41 | 56.31 | 0.783 times |
| 18 Wed Sep 2024 | 55.83 | 56.18 | 56.94 | 55.53 | 1.082 times |
| 17 Tue Sep 2024 | 56.15 | 56.51 | 56.56 | 55.51 | 0.935 times |
| 16 Mon Sep 2024 | 56.21 | 55.30 | 56.40 | 55.12 | 1.02 times |
| 13 Fri Sep 2024 | 55.11 | 55.60 | 56.60 | 55.09 | 0.904 times |
| 12 Thu Sep 2024 | 55.06 | 54.39 | 55.75 | 53.77 | 1.24 times |
| 11 Wed Sep 2024 | 53.96 | 52.94 | 54.00 | 52.68 | 1.003 times |
| 10 Tue Sep 2024 | 52.85 | 54.11 | 54.11 | 52.13 | 1.105 times |
| 09 Mon Sep 2024 | 53.99 | 53.67 | 54.46 | 53.42 | 1.12 times |
Stock of Teekay Tankers (TNK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 56.4 or till 57.9. Use a stoploss of 55.2 and if this stock hits its stoploss, then it can fall down till 53.96
Share price targets for Teekay Tankers (TNK)
| Target Type | Value |
| Downside Target | 52.13 |
| Downside Target | 54.41 |
| Upside Target | 57.31 |
| Upside Target | 57.41 |
| Upside Target | 61.56 |
| Upside Target | 64.91 |
| Upside Target | 65.00 |
| 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 | 54.79 |
| Downside Intraday Target | 53.81 |
| Upside Intraday Target | 57.08 |
| Upside Intraday Target | 58.39 |
| Upside Intraday Target | 56.1 |
Weekly technical analysis of Teekay Tankers (TNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 55.77 | 55.30 | 57.41 | 55.12 | 1.217 times |
| 13 Fri Sep 2024 | 55.11 | 53.67 | 56.60 | 52.13 | 1.227 times |
| 06 Fri Sep 2024 | 53.40 | 56.01 | 56.33 | 53.07 | 4.282 times |
| 30 Fri Aug 2024 | 56.88 | 56.39 | 57.28 | 56.21 | 0.214 times |
| 30 Fri Aug 2024 | 56.88 | 56.10 | 57.28 | 54.41 | 1.027 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 |
| 20 Fri Sep 2024 | 55.77 | 56.01 | 57.41 | 52.13 | 0.541 times |
| 30 Fri Aug 2024 | 56.88 | 63.55 | 65.00 | 52.78 | 1.212 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 55.21 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 positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 55.21 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.