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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Teekay Tankers Ltd. (NYSE:TNK)
Crossroads (-60) - TNK is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for TNK
The long-term trend has been UP since Aug 9th, 2023 at 46.23
The intermediate-term trend has been DOWN since Jun 11th, 2024 at 69.50
The short-term trend has been DOWN since Jul 25th, 2024 at 62.79
Smart Scan Analysis for TNK
Based on our trend formula, TNK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.2100 | 63.3040 | 62.0801 | 62.6130 | -0.2470 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.8600 | 135596 | 2024-07-26 15:59:48 |
| Year High | 1.43 | Year High Date | 2018-01-16 |
| Year Low | 0.94 | Year Low Date | 2018-10-23 |
| 52wk High | 74.2 | 52wk High Date | 2024-05-30 |
| 52wk Low | 37.2 | 52wk Low Date | 2023-10-05 |
| Year End Close | 2.9 | Average Volume | 268,766 |
| Shares Outstanding | 33,738 | Short Interest | 6,121,312 |
| % Institutional | 28.4 | Market Cap | 320M |
| Assets | 184,555,400M | Liabilities | 180,287,000M |
| P/E Ratio | 4.4455 | Beta | 2.12 |
| Volatility | 62.4 |