Teekay Tankers Ltd. (TNK)

Teekay Tankers Ltd. is trading at $108.43, up 2.16% on the session. The 50 day average sits at $91.91 and the 200 day at $75.96, which puts the stock in a uptrend. RSI is at 69.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $92.54 with resistance near $107.39, so that band frames the current range. Average daily movement is roughly $3.82, or about 3.5% of the share price, which is what any stop placement has to allow for. The overall health score of 83 out of 100 combines a trend score of 100, momentum of 82 and a risk score of 57.

Teekay Tankers Ltd., together with its subsidiaries, provides marine transportation services to oil industries in Bermuda and internationally. The company operates in two segments: Tankers and Marine Servies. It offers voyage and time charter services; offshore ship-to-ship transfer of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. In addition, the company is involved in the vessels management, procurement, and equipment rental businesses. It serves energy and utility companies, oil traders, oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. The company was incorporated in 2007 and is based in Hamilton, Bermuda.