TEEKAY TANKERS LTD-CLASS A (TNK) Stock Technical Analysis
USA - NYSE:TNK - BMG8726X1065 - Common Stock
51.13 USD
+0.58 (+1.15%)
Overall TNK gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TNK is a bad performer.
69% of all other stocks performed better in the past year than TNK.
In the last month TNK has a been trading in the 49.16 - 56.44 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 positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TNK is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, TNK did better than 56% of them.
TNK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TNK is lagging the market.
TNK 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
46.03
54.00
2 important support areas can be observed.
- A support zone ranging from 50.54 to 50.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.49 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.84 to 53.47. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TNK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TNK is neutral. |
| ChartMill Relative Strength | 31.51 | NEUTRAL | TNK is not amongst the best or worst performers 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 | POSITIVE | The current price of TNK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for TNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests TNK has a negative trend. |
| Stochastics (14,3) | 14.7 | OVERSOLD | The low Stochastics value suggests TNK may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for TNK suggests some volalility. |
| Average Directional Index/ADX (14) | 38.42 | POSITIVE | The high ADX value value for TNK 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)
NYSE:TNK (10/1/2025, 12:45:15 PM)
51.13
+0.58 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.15%
1 Week-7.25%
2 Weeks-7.08%
1 Month2.74%
3 Month14.24%
6 Month46.65%
12 Month-17.29%
2 Year21.43%
3 Year83.55%
5 Year366.33%
10 Year-8.42%
15 Year-51.43%
Volatility
ATR(14)1.61
ATR(20)%3.16%
ATR Inc12.56%
Range Today1.08
ADR(20)1.4
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.51
Mansfield0.34
10 Day High55.68
10 Day Low50.35
20 Day High56.44
20 Day Low49.16
52 Week High62.4
52 Week Low33.35
CS1 End50.54
CR1 Start52.84
Volume & EV
DER(3)-3.6%
DER(5)-3.18%
Volume110.03K
Volume Incr-28.06%
Vol(5)423.60K
Vol(50)560.41K