TEEKAY CORP (TK)

MHY8564W1030 - Common Stock

7.71  -0.01 (-0.13%)

After market: 7.71 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, TK scores 8 out of 10 in our technical rating. In the last year, TK was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TK has a been trading in the 7.02 - 7.79 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TK is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by TK over the past year are nicely spread over this period. However, we also see that TK couldn't keep up this performance in the last couple of months.
TK is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 214 stocks in the same industry.
TK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TK is lagging the market slightly.
Weekly and Daily overview Charts
TK Weekly chart
TK Daily chart
Setup Rating and Analysis

3

Although TK has an excellent technical rating, it 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.

Support and Resistance Analysis

6.38

7.83

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 7.35 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.05 to 7.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.44 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @7.75 from a horizontal 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
CRS77
Mansfield0.05
10 Day High7.79
10 Day Low7.17
20 Day High7.79
20 Day Low7.02
52 Week High9.28
52 Week Low5.2
Performance
1 Week2.8%
2 Weeks6.2%
1 Month3.07%
3 Month-11.99%
6 Month3.35%
12 Month42.78%
2 Year128.11%
3 Year114.17%
5 Year140.19%
10 Year-86.67%
15 Year-51.93%
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)0.06
RSI(14)60.52
LBB6.99
UBB7.75
TK Daily chart

TEEKAY CORP

NYSE:TK (5/3/2024, 7:21:56 PM)

After market: 7.71 0 (0%)

7.71

-0.01 (-0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.13%
1 Week2.8%
2 Weeks6.2%
1 Month3.07%
3 Month-11.99%
6 Month3.35%
12 Month42.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%2.48%
ATR Inc
Range Today0.11
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 High7.79
10 Day Low7.17
20 Day High7.79
20 Day Low7.02
52 Week High9.28
52 Week Low5.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume465.50K
Volume Incr-9.77%
Vol(5)498.60K
Vol(50)578.08K