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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 2024-11-26 View latest technical analysis

10 day averaged volume of Teekay Tankers is 340810

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	41.09	41.39	42.06	40.89	1.05 times
26 Tue Nov 2024	41.09	41.39	42.06	40.89	1.05 times
25 Mon Nov 2024	41.52	41.43	41.89	40.71	1.092 times
22 Fri Nov 2024	41.73	41.70	42.27	41.45	0.71 times
21 Thu Nov 2024	41.86	42.49	42.73	41.36	1.485 times
20 Wed Nov 2024	42.73	43.33	43.50	42.52	0.72 times
19 Tue Nov 2024	43.14	43.07	43.49	42.89	0.766 times
18 Mon Nov 2024	43.24	43.31	43.85	43.15	1.041 times
15 Fri Nov 2024	43.21	45.00	45.19	43.17	0.84 times
14 Thu Nov 2024	44.82	44.50	45.12	44.49	0.983 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.1, but if it comes above 42.1, then a intra day buy could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 39.6 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 44.17 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	47.18
Upside Target	48.07
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	40.63
Downside Intraday Target	40.18
Upside Intraday Target	41.8
Upside Intraday Target	42.52
Upside Intraday Target	41.35

Weekly technical analysis of Teekay Tankers (TNK)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	41.09	41.39	42.06	40.89	0.49 times
26 Tue Nov 2024	41.09	41.43	42.06	40.71	0.454 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

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
26 Tue Nov 2024	41.09	48.00	48.07	40.71	0.929 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 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 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

RSI is generating a BUY signal in short term but buying is losing 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 42.37 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.