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Teekay Tankers Ltd.

TNK Technical Analysis Summary (NYSE)

Analyze TNK on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TNK●NYSE
IndustrialsMarine Shipping
$87.33
$1.63(1.90%)
U.S. Market is Open · 13:09

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TNK Technical Analysis Summary (NYSE)

Teekay Tankers Ltd. (NYSE: TNK) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.20)
Trend Strength:Moderate (ADX: 26.17)
Volatility:Medium (ATR: 4.18)
Support/Resistance:$82.57 – $105.60 (Bollinger Bands)

Technical conditions suggest Teekay Tankers Ltd. on the NYSE is awaiting a decisive move. Overall, Teekay Tankers Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 42.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.10

Bearish
Momentum remains weak below midpoint.

Williams %R: -67.18

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.63

Strongly Bearish
Sharp downside momentum.

Takeaway:Teekay Tankers Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -3.15

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.17

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.18

Medium
Medium volatility, healthy price movement.

CCI (14): -58.18

Bearish
Bearish, momentum remains under pressure.

Takeaway:Teekay Tankers Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$105.60
Middle Band (SMA 20)
$94.09
Lower Band
$82.57
Current Position
Within Bands

Takeaway:Teekay Tankers Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$101.34
Middle Line (EMA 20)
$92.98
Lower Channel
$84.61
Squeeze Status
No Squeeze

Takeaway:Teekay Tankers Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.83M
Money Flow Index44.82Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.76Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:TNK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Teekay Tankers Ltd. (NYSE: TNK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Teekay Tankers Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: TNK) Technical Analysis FAQ