This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's ...

For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Teekay Tankers (TNK) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question. Our latest available data shows that TNK has returned about 25.6% since the start of the calendar year. In comparison, Transportation companies have returned an avera ...

We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and e ...

Is TNK Worth Investing In? Looking at the earnings estimate revisions for Teekay Tankers, the Zacks Consensus Estimate for the current year has increased 0.2% over the past month to $14.70. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings e ...

Heading into today, shares of the oil and gas shipping company had lost 8.66% over the past month, lagging the Transportation sector's loss of 5.79% and the S&P 500's gain of 3.71% in that time. For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.67 per share and a revenue of $867.54 million, signifying shifts of +1.38% and -2.53%, respectively, from the last year. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperf ...

Teekay Tankers currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by four brokerage firms. An ABR of 1.00 indicates Strong Buy. Of the four recommendations that derive the current ABR, four are Strong Buy, representing 100% of all recommendations. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into fi ...

The the stock of oil and gas shipping company has risen by 2.67% in the past month, leading the Transportation sector's loss of 2.76% and undershooting the S&P 500's gain of 3.51%. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Transportation - Shipping industry is part of the Transportation secto ...

a downward trend. Shares of TNK have been moving higher over the past four weeks, up 13.7%. Plus, the company is currently a Zacks Rank #3 (Hold) stock, suggesting that TNK could be poised for a continued surge. Once investors consider TNK's positive earnings estimate revisions, the bullish case only solidifies. No earnings estimate has been lowered in the past two months, compared to 2 raised estimates, for the current fiscal year, and the consensus estimate has increased as well. Given this move in earnin ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Our ...

分组1 - 公司在第一季度创造了151百万美元的总调整EBITDA,较上一季度的127百万美元有所增加 [7] - 公司报告了1.32亿美元或每股3.86美元的调整净收益,较2023年第四季度的1亿美元或2.91美元每股有所增加 [7] - 公司已完成回购剩余8艘售后租回安排的船舶,达到了无债务的重要里程碑 [9] - 公司宣布了每股0.25美元的固定季度现金股息,以及每股2美元的特别股息 [10] 分组2 - 公司中型船舶在第一季度的现货运费为历史第二高,仅次于去年同期 [11] - 预计Trans Mountain管道扩建将为Aframax船舶需求提供支持,并带动Aframax现货运费上涨 [12][18][19][20][21][22][23] - 公司预计未来几年内的供给和需求基本面将保持积极,支持中期内的强劲航运市场 [24][25][26][27] 问答环节重要的提问和回答 问题1 **Jonathan Chappell 提问** 尽管存在地缘政治动荡,但中型船舶的Suezmax和Aframax运费在过去6个月内保持相对稳定,这是为什么? [38][39][40][41][42][43] **Christian Waldegrave 回答** 一些事件因素自年初以来一直有利于吨海里需求,如红海地区商船遭袭导致航线延长,以及乌克兰对俄罗斯炼油厂的攻击导致俄罗斯出口保持较高水平,这些都支撑了运费在通常淡季保持较高水平 [40][41][42] 问题2 **Omar Nokta 提问** 公司现已无债务,未来将如何分配大量的自由现金流? [49][50][51][52][53][54] **Kevin Mackay 回答** 公司需要考虑船队更新,保持较高的现货市场敞口,同时也需要为未来的大规模船队更新保留资金。此外,公司也会根据资本配置计划向股东派发股息 [45][46][47] 问题3 **Ken Hoexter 提问** Trans Mountain管道投产后,Aframax船舶运费是否会因需求增加而上涨,而Suezmax相对表现较弱? [63][64][65][66] **Kevin Mackay 回答** 短期内Aframax和Suezmax运费之间的小幅差异不应过度解读,市场需要一段时间来消化Trans Mountain带来的影响。公司将密切关注这一发展,并根据实际情况做出反应 [65][66]