TEEKAY TANKERS LTD-CLASS A (TNK)

MHY8565N3002 - Common Stock

41.86  -0.87 (-2.04%)

After market: 41.86 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, TNK scores 0 out of 10 in our technical rating. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than TNK.
TNK is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 84% of 204 stocks in the same industry do better.
TNK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TNK has a been trading in the 41.36 - 50.77 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
TNK Weekly chart
TNK Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

41.44

60.33

When analyzing the resistance we notice 4 important areas.

  • Resistance @46.77 from a horizontal line in the daily time frame.
  • Resistance @56.57 from a trend line in the weekly time frame.
  • Resistance @57.82 from a trend line in the daily time frame.
  • Resistance @59.73 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.92
Mansfield-3.58
10 Day High46.63
10 Day Low41.36
20 Day High50.77
20 Day Low41.36
52 Week High74.2
52 Week Low41.36
Performance
1 Week-6.6%
2 Weeks-10.48%
1 Month-15.71%
3 Month-24.86%
6 Month-42.26%
12 Month-19.48%
2 Year24.07%
3 Year272.75%
5 Year121.48%
10 Year16.28%
15 Year-34.35%
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)-0.03
RSI(14)20.33
LBB41.48
UBB47.62
TNK Daily chart

TEEKAY TANKERS LTD-CLASS A

NYSE:TNK (11/21/2024, 8:04:00 PM)

After market: 41.86 0 (0%)

41.86

-0.87 (-2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.04%
1 Week-6.6%
2 Weeks-10.48%
1 Month-15.71%
3 Month-24.86%
6 Month-42.26%
12 Month-19.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.29
ATR(20)%3.15%
ATR Inc
Range Today1.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High46.63
10 Day Low41.36
20 Day High50.77
20 Day Low41.36
52 Week High74.2
52 Week Low41.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume506.10K
Volume Incr-16.85%
Vol(5)330.72K
Vol(50)356.17K