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SmarTrend Detects Continued Buying Pressure in Shares of Teekay Tankers (TNK)

Written on Sat, 03/13/2010 - 12:49pm
By Chip Brian

SmarTrend identified an Uptrend for Teekay Tankers (NYSE:TNK) on January 08, 2010 at $9.16. In approximately 2 months, Teekay Tankers has returned 23.6% as of today's recent price of $11.32.
Teekay Tankers is currently above its 50-day moving average of $9.30 and above its 200-day moving average of $9.22. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Teekay Tankers shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): TNK

Contact Chip Brian



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