TEEKAY CORP LTD (TK) Stock Technical Analysis
NYSE:TK - New York Stock Exchange, Inc. - BMG8726T1053 - Common Stock - Currency: USD
Overall TK gets a technical rating of 4 out of 10. In the last year, TK was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month TK has a been trading in the 7.22 - 9.35 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, TK turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
TK is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, TK did better than 67% of them.
TK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TK is lagging the market.
TK has an average technical rating and it also does not offer a high 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
5.72
7.83
2 important support areas can be observed.
- Support @7.54 from a horizontal line in the daily time frame.
- Support @5.78 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TK is down. |
| ChartMill Relative Strength | 53.64 | NEUTRAL | TK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for TK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests TK has a negative trend. |
| Stochastics (14,3) | 17.32 | OVERSOLD | The low Stochastics value suggests TK may be oversold. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TK suggests some volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for TK suggests a strong trend. |
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)
7.75
+0.2 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.65%
1 Week-9.67%
2 Weeks-16.13%
1 Month-10.2%
3 Month32.48%
6 Month11.67%
12 Month-9.14%
2 Year16.37%
3 Year146.82%
5 Year225.63%
10 Year-78.36%
15 Year-71.94%
Volatility
ATR(14)0.37
ATR(20)%4.39%
ATR Inc126.43%
Range Today0.34
ADR(20)0.3
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.64
Mansfield-0.68
10 Day High9.32
10 Day Low7.22
20 Day High9.35
20 Day Low7.22
52 Week High9.78
52 Week Low5.65
CS1 End8.43
CR1 Start9.05
Volume & EV
DER(3)1.86%
DER(5)-0.71%
Volume772.80K
Volume Incr16.76%
Vol(5)1.08M
Vol(50)992.90K