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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Teekay Tankers is 338260

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	41.52	41.43	41.89	40.71	1.101 times
22 Fri Nov 2024	41.73	41.70	42.27	41.45	0.715 times
21 Thu Nov 2024	41.86	42.49	42.73	41.36	1.496 times
20 Wed Nov 2024	42.73	43.33	43.50	42.52	0.725 times
19 Tue Nov 2024	43.14	43.07	43.49	42.89	0.772 times
18 Mon Nov 2024	43.24	43.31	43.85	43.15	1.049 times
15 Fri Nov 2024	43.21	45.00	45.19	43.17	0.846 times
14 Thu Nov 2024	44.82	44.50	45.12	44.49	0.99 times
13 Wed Nov 2024	44.06	43.59	44.86	43.49	1.323 times
12 Tue Nov 2024	44.15	44.63	44.69	43.63	1.063 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.8, but if it comes above 42.8, then a intra day buy could be more profitable.
If you take a sell trade below 42.8, then use 42.8 as stoploss and 40.2 as target. However if you take a buy trade in stock , then use 42.8 as stoploss and 44.89 as target.

Share price targets for Teekay Tankers (TNK)

Target Type	Value
Downside Target	40.71
Upside Target	43.17
Upside Target	44.79
Upside Target	50.00
Upside Target	52.13
Upside Target	52.78
Upside Target	59.40
Upside Target	61.56
Upside Target	62.45
Upside Target	65.00
Upside Target	70.00

Intraday share price targets for Teekay Tankers (TNK)

Target Type	Value
Downside Intraday Target	40.86
Downside Intraday Target	40.19
Upside Intraday Target	42.04
Upside Intraday Target	42.55
Downside Intraday Target	41.37

Weekly technical analysis of Teekay Tankers (TNK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	41.52	41.43	41.89	40.71	0.231 times
22 Fri Nov 2024	41.73	43.31	43.85	41.36	0.907 times
15 Fri Nov 2024	43.21	45.27	45.53	43.17	0.885 times
08 Fri Nov 2024	45.49	46.37	47.99	44.79	0.817 times
01 Fri Nov 2024	46.68	49.28	50.00	46.33	1.403 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
25 Mon Nov 2024	41.52	48.00	48.07	40.71	0.839 times
31 Thu Oct 2024	47.68	57.55	62.45	47.18	1.387 times
30 Mon Sep 2024	58.25	56.01	59.40	52.13	0.83 times
30 Fri Aug 2024	56.88	63.55	65.00	52.78	1.212 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 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 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 gaining momentum.

MACD generated a SELL signal for Teekay Tankers in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Teekay Tankers in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Teekay Tankers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.05 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.