BEST STOCKS TO BUY TODAY: TNK @03/22/2023
| Ticker | TNK, Teekay Tankers Ltd. | Note |
| Last Price | 45.02 | |
| Buy | 45.02 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 49.52 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 42.85 | |
| Reward/Risk | 2.07 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 2.33 | |
| Beta | -0.12 | |
| RSI(14) | 60.50 | |
| SMA20 | 2.02% | Distance to SMA20 |
| SMA50 | 22.18% | Distance to SMA50 |
| Recommendation | 1.70 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. TNK is one of them. Let’s take a look at this stock’s chart.
After FED meeting, the market made a huge down, so maybe more downwards ahead? In this case, we should close all long positions and looking for shorts.
This TNK looks like a very conservative play. Since MA(20) is not down yet, we are looking it to reach previous high which is around $47. Stop at around $43. In a market like this, make sure to close your trade as soon as it reaches target,
More info about TNK
TNK is the stock ticker for Teekay Tankers Ltd., which is a shipping company that primarily transports crude oil and refined petroleum products.
Teekay Tankers Ltd. is incorporated in the Marshall Islands and is headquartered in Vancouver, Canada. The company owns a fleet of modern tankers that are used to transport oil and other petroleum products around the world.
As of my knowledge cutoff date of September 2021, Teekay Tankers Ltd. had a market capitalization of around $308 million and traded on the New York Stock Exchange (NYSE) under the ticker symbol TNK. It is worth noting that stock prices and market capitalizations can change rapidly over time, so the current value of TNK may be different from what was true in September 2021.
Investors interested in TNK may want to conduct further research on the company’s financial performance, competitive positioning, and industry outlook before making any investment decisions.