(TNK) Teekay Tankers complete technical analysis [charts+indicators] | Buy/Sell Teekay Tankers | (TNK) share price targets
Complete technical analysis of Teekay Tankers (TNK) by charts plus indicators, forecast predictions and share price targets for Teekay Tankers (TNK)
Teekay Tankers trades in USA in Consumer Services sector.
10 day averaged volume of Teekay Tankers is 371100
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Thu Dec 2022||32.65||33.42||33.59||32.54||2.125 times|
|30 Wed Nov 2022||33.74||33.95||34.17||33.24||0.767 times|
|29 Tue Nov 2022||33.41||33.34||34.45||32.91||1.269 times|
|28 Mon Nov 2022||32.17||32.75||32.91||32.01||0.749 times|
|25 Fri Nov 2022||33.29||32.50||33.71||32.00||0.63 times|
|23 Wed Nov 2022||32.53||34.22||34.74||32.33||1.192 times|
|22 Tue Nov 2022||34.26||34.51||35.27||34.07||0.967 times|
|21 Mon Nov 2022||34.45||34.92||35.35||33.18||1.608 times|
|18 Fri Nov 2022||34.86||33.59||34.95||33.26||1.088 times|
|17 Thu Nov 2022||33.66||32.08||33.73||31.56||1.057 times|
Stock of Teekay Tankers (TNK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 32.2 as stoploss in an intra day buy trade for a target of 33.23. However, stock will show a bearish move below 32.2.
Share price targets for Teekay Tankers (TNK)
Intraday share price targets for Teekay Tankers (TNK)
|Downside Intraday Target||31.62|
|Downside Intraday Target||30.6|
|Upside Intraday Target||34.06|
|Upside Intraday Target||35.48|
|Upside Intraday Target||33.04|
Weekly technical analysis of Teekay Tankers (TNK)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Thu Dec 2022||32.65||32.75||34.45||32.01||1.117 times|
|25 Fri Nov 2022||33.29||34.92||35.35||32.00||0.855 times|
|18 Fri Nov 2022||34.86||31.66||34.95||31.56||0.81 times|
|11 Fri Nov 2022||31.34||34.80||35.37||30.73||0.748 times|
|04 Fri Nov 2022||34.42||30.78||35.44||30.49||1.449 times|
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Teekay Tankers (TNK)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|01 Thu Dec 2022||32.65||33.42||33.59||32.54||0.081 times|
|30 Wed Nov 2022||33.74||32.00||35.44||30.73||0.871 times|
|31 Mon Oct 2022||31.49||28.23||33.60||25.29||0.781 times|
|30 Fri Sep 2022||27.54||24.26||31.98||22.82||1.244 times|
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Teekay Tankers (TNK)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||19, 20, 2||Sell|
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Teekay Tankers ( (TNK) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Teekay Tankers ( (TNK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Teekay Tankers stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Teekay Tankers in short term but the sell signal is initial and weak.
Teekay Tankers Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Teekay Tankers in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Teekay Tankers is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.49 and Teekay Tankers (TNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Teekay Tankers (TNK) stock. Volume based technical analysis of Teekay Tankers (TNK) stock is negative.
Teekay Tankers Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.