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(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 385200

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	57.51	57.60	58.79	57.31	0.73 times
12 Fri Apr 2024	57.68	59.40	59.90	57.31	0.944 times
11 Thu Apr 2024	58.84	57.20	59.27	57.12	1.24 times
10 Wed Apr 2024	56.36	55.65	56.63	55.65	0.768 times
09 Tue Apr 2024	55.59	57.72	57.81	55.39	1.719 times
08 Mon Apr 2024	57.78	58.85	58.85	57.39	0.596 times
05 Fri Apr 2024	58.86	59.59	59.96	58.86	0.691 times
04 Thu Apr 2024	59.41	60.81	60.95	59.33	0.737 times
03 Wed Apr 2024	60.93	59.82	61.76	59.73	1.182 times
02 Tue Apr 2024	59.86	60.60	61.00	59.17	1.049 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.3 or till 54.4. Use a stoploss of 57.81 and if the stock hits stoploss, then it can shoot up till 59.35

Share price targets for Teekay Tankers (TNK)

Target Type	Value
Downside Target	46.25
Downside Target	50.41
Downside Target	52.01
Downside Target	54.17
Downside Target	56.52
Upside Target	58.59
Upside Target	58.79
Upside Target	59.90
Upside Target	61.76
Upside Target	63.22
Upside Target	64.42

Intraday share price targets for Teekay Tankers (TNK)

Target Type	Value
Downside Intraday Target	56.95
Downside Intraday Target	56.39
Upside Intraday Target	58.43
Upside Intraday Target	59.35
Upside Intraday Target	57.87

Weekly technical analysis of Teekay Tankers (TNK)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	57.51	57.60	58.79	57.31	0.139 times
12 Fri Apr 2024	57.68	58.85	59.90	55.39	1.113 times
05 Fri Apr 2024	58.86	58.62	61.76	58.59	1.693 times
28 Thu Mar 2024	58.41	57.09	58.43	56.52	0.555 times
22 Fri Mar 2024	56.92	55.90	57.89	54.17	1.073 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
15 Mon Apr 2024	57.51	58.62	61.76	55.39	0.574 times
28 Thu Mar 2024	58.41	54.81	58.43	52.51	0.647 times
29 Thu Feb 2024	54.82	62.68	64.42	52.01	1.016 times
31 Wed Jan 2024	62.55	50.94	63.22	50.41	1.217 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 58.2 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 positive

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