TEEKAY TANKERS LTD-CLASS A (TNK) Stock Technical Analysis
NYSE:TNK - New York Stock Exchange, Inc. - BMG8726X1065 - Common Stock - Currency: USD
Overall TNK gets a technical rating of 4 out of 10. TNK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
82% of all other stocks performed better in the past year than TNK.
TNK is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 62% are performing better than TNK.
TNK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TNK has a been trading in the 42.08 - 47.99 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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TNK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 43.48, a Stop Loss order could be placed below this zone.
More info and screens
42.14
48.08
2 important resistance areas can be observed.
- A resistance zone ranging from 43.30 to 43.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.91 to 47.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TNK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TNK is down. |
| ChartMill Relative Strength | 18.24 | NEGATIVE | TNK has a low relative strength, it was outperformed by 81.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TNK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TNK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.18 | NEUTRAL | The RSI value for TNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests TNK has a negative trend. |
| Stochastics (14,3) | 24.17 | NEUTRAL | The Stochastics value for TNK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for TNK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for TNK suggests a weak or negative 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)
NYSE:TNK (6/27/2025, 10:48:14 AM)
42.565
-0.93 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.13%
1 Week-6.81%
2 Weeks-3.18%
1 Month0.21%
3 Month12.44%
6 Month11.74%
12 Month-36.8%
2 Year13.76%
3 Year146.68%
5 Year239.24%
10 Year-17.76%
15 Year-51.16%
Volatility
ATR(14)1.7
ATR(20)%3.73%
ATR Inc-39.82%
Range Today1.63
ADR(20)1.56
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.24
Mansfield-1.34
10 Day High47.99
10 Day Low42.25
20 Day High47.99
20 Day Low42.08
52 Week High70
52 Week Low33.35
CS1 End43.48
CR1 Start46.91
Volume & EV
DER(3)1.85%
DER(5)2.66%
Volume63.05K
Volume Incr49.79%
Vol(5)700.60K
Vol(50)555.53K