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Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Teekay Tankers Ltd. (NYSE:TNK)

Bull Market Weakness (+75) - TNK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TNK as it may be in the beginning stages of a reversal.

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
57.60 58.79 57.31 57.58 -0.10
Entry Signal

MarketClub’s Trade Triangles for TNK

long term up The long-term trend has been UP since Aug 9th, 2023 at 46.23

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 56.13

short term up The short-term trend has been UP since Apr 11th, 2024 at 58.85

Smart Scan Analysis for TNK

Based on our trend formula, TNK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.60 58.79 57.31 57.58 -0.10
Prev. Close Volume Bid Ask Time
57.68 147140 2024-04-15 13:49:27
Year High1.43Year High Date2018-01-16
Year Low0.94Year Low Date2018-10-23
52wk High64.4252wk High Date2024-02-01
52wk Low3552wk Low Date2023-06-06
Year End Close2.9Average Volume375,882
Shares Outstanding33,738Short Interest6,121,312
% Institutional28.4Market Cap320M
Assets187,349,400MLiabilities347,709,000M
P/E Ratio3.8816Beta2.12
Volatility62.4
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