Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-10-30 View latest technical analysis

10 day averaged volume of Teekay Tankers is 323010

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	47.85	48.50	48.54	47.67	1.139 times
29 Tue Oct 2024	48.68	49.48	49.49	48.31	1.041 times
28 Mon Oct 2024	49.45	49.28	50.00	48.58	1.064 times
25 Fri Oct 2024	50.02	49.83	50.77	49.56	0.884 times
24 Thu Oct 2024	49.66	50.17	50.57	49.54	1.335 times
23 Wed Oct 2024	50.06	52.62	52.88	50.06	1.827 times
22 Tue Oct 2024	53.27	54.71	54.80	53.25	0.752 times
21 Mon Oct 2024	54.88	55.74	55.74	54.57	0.612 times
18 Fri Oct 2024	55.57	55.78	55.94	54.87	0.821 times
17 Thu Oct 2024	55.39	55.60	56.01	54.65	0.682 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.6, but if it comes above 50.6, then a intra day buy could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 45.1 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 55.25 as target.

Share price targets for Teekay Tankers (TNK)

Target Type	Value
Downside Target	47.67
Upside Target	49.54
Upside Target	52.13
Upside Target	54.37
Upside Target	55.74
Upside Target	57.14
Upside Target	58.41
Upside Target	61.56
Upside Target	62.45
Upside Target	64.91
Upside Target	65.00
Upside Target	70.00
Upside Target	74.00

Intraday share price targets for Teekay Tankers (TNK)

Target Type	Value
Downside Intraday Target	47.01
Downside Intraday Target	46.18
Upside Intraday Target	49.34
Upside Intraday Target	50.84
Upside Intraday Target	48.51

Weekly technical analysis of Teekay Tankers (TNK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	47.85	49.28	50.00	47.67	0.6 times
25 Fri Oct 2024	50.02	55.74	55.74	49.54	1.169 times
18 Fri Oct 2024	55.57	58.80	58.91	54.37	0.883 times
11 Fri Oct 2024	59.23	61.48	62.40	58.41	0.909 times
04 Fri Oct 2024	61.12	58.25	62.45	57.14	1.096 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
30 Wed Oct 2024	47.85	57.55	62.45	47.67	1.308 times
30 Mon Sep 2024	58.25	56.01	59.40	52.13	0.83 times
30 Fri Aug 2024	56.88	63.55	65.00	52.78	1.212 times
31 Wed Jul 2024	65.44	68.70	70.00	61.56	0.947 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)

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 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 mid to longer 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.

ADX buy sell signal for Teekay Tankers stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Teekay Tankers in short term and the sell signal is strong.

Teekay Tankers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Teekay Tankers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.88 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.