Is Teekay Tankers Ltd. technically bullish or bearish?
As of September 5, 2025, Teekay Tankers Ltd. has shifted to a bullish trend, supported by positive weekly MACD and moving averages, despite some caution from monthly indicators, with a strong performance showing a 1-month return of 21.60% compared to the S&P 500's 2.33%.
As of 5 September 2025, the technical trend for Teekay Tankers Ltd. has changed from mildly bullish to bullish. The weekly MACD is bullish, supported by bullish signals from the Bollinger Bands and daily moving averages. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames. Overall, the strength of the bullish trend is reinforced by the company's strong performance, with a 1-month return of 21.60% compared to the S&P 500's 2.33%, and a year-to-date return of 37.52% versus the S&P 500's 12.22%.
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