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Stock Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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.

Open High Low TNK Price Change
49.48 49.73 49.02 49.09 -0.46
Entry Signal

MarketClub’s Trade Triangles for TNK

long term up The long-term trend has been UP since Aug 9th, 2023 at 46.23

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2023 at 49.52

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 50.23

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).

Smart Scan Analysis for TNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.48 49.73 49.02 49.09 -0.46
Prev. Close Volume Bid Ask Time
49.55 173777 2023-12-05 15:59:55
Year High1.43Year High Date2018-01-16
Year Low0.94Year Low Date2018-10-23
52wk High54.1152wk High Date2023-11-02
52wk Low26.452wk Low Date2023-01-09
Year End Close2.9Average Volume406,702
Shares Outstanding33,738Short Interest6,121,312
% Institutional28.4Market Cap320M
P/E Ratio7.4177Beta2.12
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