(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 2024-08-09 View latest technical analysis
10 day averaged volume of Scorpio Tankers is 1035050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 74.27 | 73.74 | 74.72 | 73.50 | 0.731 times |
| 08 Thu Aug 2024 | 73.95 | 73.96 | 74.56 | 73.21 | 0.925 times |
| 07 Wed Aug 2024 | 73.65 | 75.00 | 75.69 | 72.62 | 0.935 times |
| 06 Tue Aug 2024 | 74.18 | 72.00 | 74.41 | 70.44 | 0.88 times |
| 05 Mon Aug 2024 | 71.80 | 70.00 | 73.24 | 69.08 | 1.428 times |
| 02 Fri Aug 2024 | 74.14 | 74.71 | 74.87 | 73.56 | 1.328 times |
| 01 Thu Aug 2024 | 76.49 | 77.41 | 77.67 | 74.80 | 0.861 times |
| 31 Wed Jul 2024 | 76.68 | 77.06 | 77.83 | 76.11 | 0.927 times |
| 30 Tue Jul 2024 | 76.87 | 75.90 | 77.74 | 75.12 | 1.224 times |
| 29 Mon Jul 2024 | 74.48 | 75.00 | 75.74 | 74.02 | 0.965 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 73.5 as stoploss in an intra day buy trade for a target of 75.1. However, stock will show a bearish move below 73.5.
Share price targets for Scorpio Tankers (STNG)
| Target Type | Value |
| Downside Target | 67.80 |
| Downside Target | 72.41 |
| Upside Target | 75.69 |
| Upside Target | 77.67 |
| Upside Target | 77.83 |
| Upside Target | 77.98 |
| Upside Target | 78.27 |
| Upside Target | 79.22 |
| Upside Target | 82.04 |
| Upside Target | 83.33 |
| Upside Target | 84.67 |
Intraday share price targets for Scorpio Tankers (STNG)
| Target Type | Value |
| Downside Intraday Target | 70.34 |
| Downside Intraday Target | 66.4 |
| Upside Intraday Target | 76.95 |
| Upside Intraday Target | 79.62 |
| Downside Intraday Target | 73.01 |
Weekly technical analysis of Scorpio Tankers (STNG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 74.27 | 70.00 | 75.69 | 69.08 | 0.924 times |
| 02 Fri Aug 2024 | 74.14 | 75.00 | 77.83 | 73.56 | 1.256 times |
| 26 Fri Jul 2024 | 72.69 | 75.50 | 78.27 | 72.41 | 0.852 times |
| 19 Fri Jul 2024 | 75.35 | 77.34 | 77.98 | 73.10 | 1.328 times |
| 12 Fri Jul 2024 | 76.41 | 79.00 | 79.22 | 75.61 | 5.895 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 |
| 09 Fri Aug 2024 | 74.27 | 77.41 | 77.67 | 69.08 | 0.382 times |
| 31 Wed Jul 2024 | 76.68 | 81.36 | 82.04 | 72.41 | 1.22 times |
| 28 Fri Jun 2024 | 81.29 | 82.32 | 84.67 | 75.24 | 1.045 times |
| 31 Fri May 2024 | 82.07 | 70.42 | 83.33 | 69.01 | 0.998 times |
Scroll below to view daily charts
Price has moved down 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Scorpio Tankers stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Scorpio Tankers in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Scorpio Tankers Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Scorpio Tankers in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 74.55 and Scorpio Tankers (STNG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Scorpio Tankers ( (STNG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Scorpio Tankers stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Scorpio Tankers in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Scorpio Tankers Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Scorpio Tankers in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 74.55 and Scorpio Tankers (STNG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.