Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Teekay Tankers Ltd. (NYSE:TNK)

Sidelines Mode (+55) - TNK 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 TNK?

MarketClub looks at technical strength and momentum to determine if the timing is right for TNK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_TNK
Open High Low TNK Price Change
13.58 13.95 13.34 13.37 +0.08
Entry Signal

MarketClub’s Trade Triangles for TNK

long term up The long-term trend has been UP since Oct 1st, 2021 at 14.60

intermediate term up The intermediate-term trend has been UP since Sep 1st, 2021 at 11.81

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 14.02

Smart Scan Analysis for TNK

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

+55
Smart Scan Analysis for TNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.58 13.95 13.34 13.37 +0.08
Prev. Close Volume Bid Ask Time
13.37 196652 2021-10-15 15:59:54
Year High1.43Year High Date2018-01-16
Year Low0.94Year Low Date2018-10-23
52wk High16.0952wk High Date2021-03-18
52wk Low8.952wk Low Date2020-10-29
Year End Close2.9Average Volume341,946
Shares Outstanding33,738Short Interest6,121,312
% Institutional28.4Market Cap320M
Assets165,421,300MLiabilities724,780,000M
P/E Ratio5.8483Beta2.12
Volatility62.4
Get a free daily analysis and signals for Teekay Tankers Ltd. (TNK) - Request Your Free Report.