TEEKAY TANKERS LTD-CLASS A (TNK) Stock Technical Analysis
NYSE:TNK - New York Stock Exchange, Inc. - BMG8726X1065 - Common Stock - Currency: USD
Overall TNK gets a technical rating of 1 out of 10. TNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than TNK.
TNK is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 66% are performing better than TNK.
TNK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TNK has a been trading in the 36.25 - 44.84 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of TNK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
36.54
50.65
2 important support areas can be observed.
- Support @38.48 from a horizontal line in the weekly time frame.
- A support zone ranging from 36.91 to 37.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 40.95 to 42.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.11 from a horizontal line in the daily time frame.
- Resistance @45.37 from a horizontal line in the weekly time frame.
- Resistance @48.11 from a trend line in the weekly time frame.
- Resistance @50.15 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.64
Mansfield-3.28
10 Day High43.93
10 Day Low36.25
20 Day High44.84
20 Day Low36.25
52 Week High74.2
52 Week Low36.04
Performance
1 Week-4.05%
2 Weeks-7.78%
1 Month-1.52%
3 Month-3.43%
6 Month-27.66%
12 Month-25.41%
2 Year-10.74%
3 Year182.02%
5 Year143.51%
10 Year-13.89%
15 Year-50.71%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.23
RSI(14)42.97
LBB39.62
UBB44.01
40.3
-0.35 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.86%
1 Week-4.05%
2 Weeks-7.78%
1 Month-1.52%
3 Month-3.43%
6 Month-27.66%
12 Month-25.41%
2 Year-10.74%
3 Year182.02%
5 Year143.51%
10 Year-13.89%
15 Year-50.71%
Volatility
ATR(14)1.79
ATR(20)%4.15%
ATR Inc83.24%
Range Today4.46
ADR(20)1.63
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.64
Mansfield-3.28
10 Day High43.93
10 Day Low36.25
20 Day High44.84
20 Day Low36.25
52 Week High74.2
52 Week Low36.04
CS1 End38.48
CR1 Start40.95
Volume & EV
DER(3)4.77%
DER(5)1.88%
Volume933.70K
Volume Incr12.51%
Vol(5)522.52K
Vol(50)470.03K