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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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
43.47 44.29 42.52 43.58 -1.00
Entry Signal

MarketClub’s Trade Triangles for TNK

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 57.3100

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2024 at 39.9988

short term down The short-term trend has been DOWN since Jan 16th, 2025 at 45.5800

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
43.47 44.29 42.52 43.58 -1.00
Prev. Close Volume Bid Ask Time
43.60 433687 2025-01-17 15:59:52
Year High1.43Year High Date2018-01-16
Year Low0.94Year Low Date2018-10-23
52wk High74.252wk High Date2024-05-30
52wk Low36.0452wk Low Date2024-12-17
Year End Close2.9Average Volume517,709
Shares Outstanding29,112Short Interest6,121,312
% Institutional28.4Market Cap320M
Assets188,059,100MLiabilities184,648,000M
P/E Ratio3.3956Beta2.12
Volatility62.4
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