Teekay TankersNYSE: TNK

Teekay Tankers (TNK) closed the most recent trading day at $65.32, moving -0.44% from the previous trading session.

The latest trading day saw Teekay Tankers (TNK) settling at $69.73, representing a -2% change from its previous close.

From a technical perspective, Teekay Tankers (TNK) is looking like an interesting pick, as it just reached a key level of support. TNK recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Teekay Tankers (TNK) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top-performing stocks. However, we also stay updated on current value, growth, and momentum trends to highlight our best recommendations.

Teekay Tankers' (TNK) performance in Q1 is likely to have been negatively impacted by the high costs.

At Zacks, our main priority is the tried-and-true Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep an eye on current value, growth, and momentum trends to highlight solid choices.

Here is how Teekay Tankers (TNK) and Frontier Group Holdings (ULCC) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.