Stock Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Teekay Tankers Ltd. (NYSE:TNK)
Weak Downtrend (-65) - TNK is showing signs of a strengthening downtrend. Monitor TNK as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for TNK
The long-term trend has been UP since Mar 1st, 2022 at 14.5800
The intermediate-term trend has been DOWN since Jun 17th, 2022 at 18.2410
The short-term trend has been DOWN since Jun 30th, 2022 at 17.6501
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).
|Year High||1.43||Year High Date||2018-01-16|
|Year Low||0.94||Year Low Date||2018-10-23|
|52wk High||22.1||52wk High Date||2022-06-02|
|52wk Low||9.89||52wk Low Date||2022-01-24|
|Year End Close||2.9||Average Volume||355,296|
|Shares Outstanding||33,738||Short Interest||6,121,312|
|% Institutional||28.4||Market Cap||320M|