TNK Crosses Above 20-Day Moving Average: A Bullish Trend for Investors

Teekay Tankers (TNK) recently crossed above the 20-day moving average, indicating a short-term bullish trend. The company has gained 5.9% over the past four weeks and is currently ranked a Zacks Rank #3 (Hold). Earnings estimate revisions have also been positive, with no downward revisions and one upward revision in the current fiscal year. Investors should keep an eye on TNK for further gains in the near future.