Teekay Stock Forecast

Sell candidate since May 26, 2026 Loss -5.63%

The Teekay Corporation stock price gained 1.40% on the last trading day (Friday, 5th Jun 2026), rising from $11.40 to $11.56. During the last trading day the stock fluctuated 4.70% from a day low at $11.27 to a day high of $11.80. The price has fallen in 7 of the last 10 days and is down by -14.31% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 62 thousand more shares were traded than the day before. In total, 433 thousand shares were bought and sold for approximately $5.01 million.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $11.42 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 7.39% during the next 3 months and, with a 90% probability hold a price between $12.26 and $15.38 at the end of this 3-month period.

TK Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, June 04, 2026, and so far it has risen 1.40%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Teekay Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $12.91. On a fall, the stock will find some support from the short-term average at $11.51. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Teekay Corporation stock

Teekay Corporation finds support from accumulated volume at $11.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.530 between high and low, or 4.70%. For the last week, the stock has had daily average volatility of 3.27%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TK) For The Upcoming Trading Day Of Monday 8th

For the upcoming trading day on Monday, 8th we expect Teekay Corporation to open at $11.54, and during the day (based on 14 day Average True Range), to move between $11.32 and $11.80, which gives a possible trading interval of +/-$0.488 (+/-4.32%) up or down from last closing price. If Teekay Corporation takes out the full calculated possible swing range there will be an estimated 4.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.61 (0.43%) than the support at $11.49 (0.61%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Teekay Corporation stock A Buy?

Teekay Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.315 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 8, 2026 - $11.54 ( 0.144%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk