TEEKAY CORP LTD (TK) Stock Technical Analysis
USA - NYSE:TK - BMG8726T1053 - Common Stock
7.97 USD
-0.12 (-1.48%)
7.9701 USD
0 (0%)
We assign a technical rating of 1 out of 10 to TK. TK'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.
When comparing the yearly performance of all stocks, TK is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month TK has a been trading in the 7.83 - 8.91 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TK is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, TK did better than 55% 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.
Although the technical rating is bad, TK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.12
9.14
When analyzing the support we notice one important area.
- A support zone ranging from 7.19 to 7.22. 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 8.04 to 8.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.38 to 8.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.69 from a trend line in the daily time frame.
- A resistance zone ranging from 8.83 to 8.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.05 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 | 28.11 | NEGATIVE | TK has a low relative strength, it was outperformed by 71.89% off all stocks 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) | UP | POSITIVE | The current price of TK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.94 | NEUTRAL | The RSI value for TK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.93 | OVERSOLD | The low Stochastics value suggests TK may be oversold. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for TK suggests a possible start of a new 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)
7.97
-0.12 (-1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.48%
1 Week-3.28%
2 Weeks-5.9%
1 Month-5.9%
3 Month2.97%
6 Month22.05%
12 Month-13.09%
2 Year13.37%
3 Year103.84%
5 Year352.84%
10 Year-75.19%
15 Year-74.94%
Volatility
ATR(14)0.22
ATR(20)%2.79%
ATR Inc-4.59%
Range Today0.22
ADR(20)0.21
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.11
Mansfield-0.27
10 Day High8.41
10 Day Low7.83
20 Day High8.91
20 Day Low7.83
52 Week High9.35
52 Week Low5.65
CS1 End7.22
CR1 Start8.04
Volume & EV
DER(3)2.38%
DER(5)2.16%
Volume672.90K
Volume Incr13.27%
Vol(5)556.24K
Vol(50)549.92K