(STNG) Scorpio Tankers complete technical analysis [charts+indicators] | Buy/Sell Scorpio Tankers | (STNG) share price targets
Complete technical analysis of Scorpio Tankers (STNG) by charts plus indicators, forecast predictions and share price targets for Scorpio Tankers (STNG)
Scorpio Tankers trades in USA in Transportation sector.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Scorpio Tankers is 579290
Date | Daily Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 75.43 | 72.87 | 75.49 | 72.70 | 1.671 times |
07 Tue May 2024 | 72.70 | 71.91 | 73.27 | 71.91 | 0.699 times |
06 Mon May 2024 | 72.00 | 72.68 | 73.65 | 71.48 | 1.424 times |
03 Fri May 2024 | 72.40 | 71.63 | 72.51 | 70.88 | 0.839 times |
02 Thu May 2024 | 71.50 | 69.79 | 71.79 | 69.79 | 0.851 times |
01 Wed May 2024 | 69.31 | 70.42 | 70.88 | 69.01 | 1.119 times |
30 Tue Apr 2024 | 70.36 | 72.62 | 72.62 | 70.25 | 1.106 times |
29 Mon Apr 2024 | 72.25 | 72.66 | 73.26 | 72.02 | 1.13 times |
26 Fri Apr 2024 | 72.77 | 71.78 | 73.13 | 71.63 | 1.017 times |
25 Thu Apr 2024 | 71.81 | 70.61 | 72.02 | 70.01 | 0.881 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 74.5, for a target of 72.7 or 71.24
Share price targets for Scorpio Tankers (STNG)
Target Type | Value |
Downside Target | 61.22 |
Downside Target | 64.18 |
Downside Target | 67.80 |
Downside Target | 71.48 |
Downside Target | 72.75 |
Downside Target | 72.89 |
Downside Target | 73.13 |
Downside Target | 73.26 |
Downside Target | 73.67 |
Downside Target | 74.04 |
Upside Target | 75.49 |
Intraday share price targets for Scorpio Tankers (STNG)
Target Type | Value |
Downside Intraday Target | 72.78 |
Downside Intraday Target | 70.12 |
Upside Intraday Target | 76.79 |
Upside Intraday Target | 78.14 |
Downside Intraday Target | 74.13 |
Weekly technical analysis of Scorpio Tankers (STNG)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 75.43 | 72.68 | 75.49 | 71.48 | 0.752 times |
03 Fri May 2024 | 72.40 | 72.66 | 73.26 | 69.01 | 0.957 times |
26 Fri Apr 2024 | 72.77 | 69.37 | 73.13 | 68.33 | 0.909 times |
19 Fri Apr 2024 | 69.53 | 70.90 | 72.64 | 67.80 | 0.805 times |
12 Fri Apr 2024 | 70.97 | 71.44 | 72.49 | 68.56 | 1.307 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Scorpio Tankers (STNG)
Date | Monthly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 75.43 | 70.42 | 75.49 | 69.01 | 0.254 times |
30 Tue Apr 2024 | 70.36 | 71.55 | 74.04 | 67.80 | 0.863 times |
28 Thu Mar 2024 | 71.55 | 67.48 | 73.67 | 64.66 | 0.609 times |
29 Thu Feb 2024 | 67.13 | 71.74 | 72.89 | 64.18 | 0.832 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Scorpio Tankers (STNG)
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Scorpio Tankers stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Scorpio Tankers in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Scorpio Tankers Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Scorpio Tankers in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Scorpio Tankers is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 72.21 and Scorpio Tankers (STNG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Scorpio Tankers (STNG) stock. Volume based technical analysis of Scorpio Tankers (STNG) stock is negative.
Scorpio Tankers Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Scorpio Tankers stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Scorpio Tankers in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Scorpio Tankers Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Scorpio Tankers in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Scorpio Tankers is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 72.21 and Scorpio Tankers (STNG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Scorpio Tankers (STNG) stock. Volume based technical analysis of Scorpio Tankers (STNG) stock is negative.
Scorpio Tankers Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.