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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.
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MarketClub’s Trade Triangles for TNK
The long-term trend has been UP since Mar 1st, 2022 at 14.58
The intermediate-term trend has been UP since Jan 31st, 2023 at 30.57
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).
| 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 High | 1.43 | Year High Date | 2018-01-16 |
| Year Low | 0.94 | Year Low Date | 2018-10-23 |
| 52wk High | 48.05 | 52wk High Date | 2023-03-09 |
| 52wk Low | 12.89 | 52wk Low Date | 2022-03-29 |
| Year End Close | 2.9 | Average Volume | 682,251 |
| Shares Outstanding | 33,738 | Short Interest | 6,121,312 |
| % Institutional | 28.4 | Market Cap | 320M |
| Assets | 163,258,200M | Liabilities | 709,886,000M |
| P/E Ratio | 36.9016 | Beta | 2.12 |
| Volatility | 62.4 |