Is Teekay Tankers Ltd. technically bullish or bearish?

Oct 06 2025 12:08 PM IST
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As of October 3, 2025, Teekay Tankers Ltd. shows a mildly bullish trend with positive momentum from MACD and moving averages, despite short-term weakness indicated by the bearish RSI, while underperforming the S&P 500 recently but outperforming over longer periods.
As of 3 October 2025, the technical trend for Teekay Tankers Ltd. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is also bullish, indicating positive momentum. However, the weekly RSI is bearish, which suggests some short-term weakness. The Bollinger Bands are mildly bullish on the weekly timeframe and bullish on the monthly timeframe, supporting the overall positive outlook. Daily moving averages are bullish, reinforcing the strength of the current trend.

In terms of performance, Teekay Tankers has underperformed the S&P 500 over the past week and year, but it has outperformed over the year-to-date and the longer-term periods of 3, 5, and 10 years. Overall, the current technical stance is mildly bullish, driven by the mixed signals from the MACD and RSI, along with the bullish moving averages.
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