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Teekay Corporation

TK Technical Analysis Summary (NYSE)

Analyze TK on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TKNYSE
EnergyOil & Gas Midstream
$12.08
$0.30(2.55%)
U.S. Market opens in 12h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TK Technical Analysis Summary (NYSE)

Teekay Corporation (NYSE: TK) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.92)
Trend Strength:Weak (ADX: 11.07)
Volatility:Medium (ATR: 0.46)
Support/Resistance:$10.63 – $11.97 (Bollinger Bands)

Technical conditions suggest Teekay Corporation on the NYSE is awaiting a decisive move. This mix signals that Teekay Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 61.92

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 74.21

Bullish
Buying momentum building without extremes.

Williams %R: -12.68

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.95

Strongly Bullish
Strong upside momentum.

Takeaway:Teekay Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.07

Weak
Weak trend, market trading sideways.

ATR (14): 0.46

Low
Low volatility, stable price action.

CCI (14): 233.07

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Teekay Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.97
Middle Band (SMA 20)
$11.30
Lower Band
$10.63
Current Position
Above Upper Band

Takeaway:Teekay Corporation trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$12.28
Middle Line (EMA 20)
$11.36
Lower Channel
$10.44
Squeeze Status
Squeeze On

Takeaway:Teekay Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.27M
Money Flow Index65.18Bullish, inflows support continued momentum.
Relative Vigor Index72.34Bullish, price momentum strongly favors buyers.

Overall Takeaway:TK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Teekay Corporation (NYSE: TK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Teekay Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: TK) Technical Analysis FAQ