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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Teekay Tankers Ltd. (NYSE:TNK)

Long-Term Uptrend (+90) - TNK is in a strong uptrend that is likely to continue. While TNK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open High Low TNK Price Change
43.5400 46.4200 43.0125 45.0200 +1.3000
Entry Signal

MarketClub’s Trade Triangles for TNK

long term up The long-term trend has been UP since Mar 1st, 2022 at 14.58

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2023 at 30.57

short term up The short-term trend has been UP since Mar 21st, 2023 at 43.00

Smart Scan Analysis for TNK

Based on our trend formula, TNK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.5400 46.4200 43.0125 45.0200 +1.3000
Prev. Close Volume Bid Ask Time
45.0200 586163 2023-03-22 16:00:00
Year High1.43Year High Date2018-01-16
Year Low0.94Year Low Date2018-10-23
52wk High48.0552wk High Date2023-03-09
52wk Low12.8952wk Low Date2022-03-29
Year End Close2.9Average Volume682,251
Shares Outstanding33,738Short Interest6,121,312
% Institutional28.4Market Cap320M
P/E Ratio36.9016Beta2.12
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