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Stock Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Teekay Corporation (NYSE:TK)

Sidelines Mode (+55) - TK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low TK Price Change
5.92 6.08 5.92 6.02 +0.14
Entry Signal

MarketClub’s Trade Triangles for TK

long term up The long-term trend has been UP since Aug 12th, 2022 at 3.5500

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2023 at 6.4312

short term up The short-term trend has been UP since Sep 20th, 2023 at 5.9650

Smart Scan Analysis for TK

Based on our trend formula, TK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.92 6.08 5.92 6.02 +0.14
Prev. Close Volume Bid Ask Time
5.88 372500 2023-09-22 15:59:59
Year High10.9Year High Date2018-01-23
Year Low4.1Year Low Date2018-11-26
52wk High7.2652wk High Date2023-08-22
52wk Low3.2152wk Low Date2022-10-12
Year End Close32.1Average Volume524,429
Shares Outstanding101,109Short Interest1,645,220
% Institutional87.3Market Cap446M
P/E Ratio7.7368Beta1.19
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