Technical Analysis for TNK - Teekay Tankers Ltd.

Grade Last Price % Change Price Change
grade A 2.145 0.70% 0.02
TNK closed up 4.41 percent on Thursday, October 17, 2019, on 2.01 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Very Strong Up Up Up
See historical TNK trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.70%
Calm After Storm Range Contraction 0.70%
NR7 Range Contraction 0.70%
Wide Bands Range Expansion 0.70%
Overbought Stochastic Strength 0.70%
New 52 Week Closing High Bullish 5.15%
Wide Bands Range Expansion 5.15%
Overbought Stochastic Strength 5.15%
Volume Surge Other 7.25%
Calm After Storm Range Contraction 7.25%

Older signals for TNK ...

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Profile
Teekay Tankers Ltd., together with its subsidiaries, engages in the operation of oil and product tankers, and transportation of crude oil and refined petroleum products. As of February 21, 2013, it owned a fleet of 27 double-hull vessels, including 11 Aframax tankers, 10 Suezmax tankers, 3 Long Range 2 product tankers, 3 Medium-Range product tankers, and had time-chartered in 2 Aframax tankers. Teekay Tankers Ltd. is headquartered in Hamilton, Bermuda.
Transportation Oil Crude Oil Petroleum Products Ships Oil Tanker Tanker AET Aframax Teekay National Iranian Tanker Company
Is TNK a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 2.19
52 Week Low 0.87
Average Volume 2,391,702
200-Day Moving Average 1.1573
50-Day Moving Average 1.3012
20-Day Moving Average 1.588
10-Day Moving Average 1.896
Average True Range 0.1316
ADX 51.64
+DI 37.2917
-DI 3.365
Chandelier Exit (Long, 3 ATRs ) 1.7952
Chandelier Exit (Short, 3 ATRs ) 1.5948
Upper Bollinger Band 2.2492
Lower Bollinger Band 0.9268
Percent B (%b) 0.91
BandWidth 83.274559
MACD Line 0.2305
MACD Signal Line 0.1756
MACD Histogram 0.0549
Fundamentals Value
Market Cap 381.7 Million
Num Shares 179 Million
EPS -0.21
Price-to-Earnings (P/E) Ratio -10.14
Price-to-Sales 0.64
Price-to-Book 0.32
PEG Ratio 29.72
Dividend 0.12
Dividend Yield 5.63%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.30
Resistance 3 (R3) 2.29 2.24 2.27
Resistance 2 (R2) 2.24 2.19 2.24 2.26
Resistance 1 (R1) 2.18 2.17 2.21 2.19 2.25
Pivot Point 2.13 2.13 2.14 2.13 2.13
Support 1 (S1) 2.07 2.08 2.10 2.08 2.01
Support 2 (S2) 2.02 2.06 2.02 2.00
Support 3 (S3) 1.96 2.02 1.99
Support 4 (S4) 1.97