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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Teekay Corporation (NYSE:TK)
Bull Market Weakness (+75) - TK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TK
The long-term trend has been DOWN since Apr 19th, 2024 at 7.040
The intermediate-term trend has been UP since Apr 29th, 2024 at 7.560
The short-term trend has been UP since Apr 23rd, 2024 at 7.295
Smart Scan Analysis for TK
Based on our trend formula, TK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.6900 | 8.0699 | 7.6900 | 8.0600 | +0.3900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.0600 | 596286 | 2024-05-08 15:59:42 |
| Year High | 10.9 | Year High Date | 2018-01-23 |
| Year Low | 4.1 | Year Low Date | 2018-11-26 |
| 52wk High | 9.275 | 52wk High Date | 2024-02-01 |
| 52wk Low | 5.2 | 52wk Low Date | 2023-05-09 |
| Year End Close | 32.1 | Average Volume | 497,886 |
| Shares Outstanding | 101,109 | Short Interest | 1,645,220 |
| % Institutional | 87.3 | Market Cap | 446M |
| Assets | 219,663,800M | Liabilities | 146,436,000M |
| P/E Ratio | 4.9805 | Beta | 1.19 |
| Volatility | 65.76 |