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(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.

10 day averaged volume of Scorpio Tankers is 649490

Date Daily Closing Price Open High Low Volume
24 Fri May 2024 81.39 81.61 82.42 81.25 0.679 times
23 Thu May 2024 80.89 81.58 82.48 80.70 0.777 times
22 Wed May 2024 81.33 82.40 82.40 80.78 0.893 times
21 Tue May 2024 82.98 82.18 83.33 82.15 0.791 times
20 Mon May 2024 82.38 82.00 83.12 82.00 0.993 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 81.5 as stoploss in an intra day sell trade for a target of 77.04. However, stock will show a bullish move above 81.5.

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 73.67
Downside Target 74.04
Downside Target 77.90
Downside Target 79.58
Downside Target 80.70
Upside Target 81.76
Upside Target 83.33

Intraday share price targets for Scorpio Tankers (STNG)

Target Type Value
Downside Intraday Target 80.28
Downside Intraday Target 79.18
Upside Intraday Target 82.91
Upside Intraday Target 84.44
Upside Intraday Target 81.81

Weekly technical analysis of Scorpio Tankers (STNG)

Date Weekly Closing Price Open High Low Volume
24 Fri May 2024 81.39 82.00 83.33 80.70 0.704 times
17 Fri May 2024 81.69 79.48 81.76 77.90 0.803 times
10 Fri May 2024 77.82 72.68 79.58 71.48 1.623 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

Price has moved down 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
24 Fri May 2024 81.39 70.42 83.33 69.01 0.853 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 0.89 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 30, 11, 46 Buy
MACD 5, 5Buy
Stochastics 66None
CCI 48Buy
RSI 48Sell
OBV 7044998Sell
VWAP 81Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Scorpio Tankers ( (STNG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 losing momentum.

MACD generated a BUY signal for Scorpio Tankers in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Scorpio Tankers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.93 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.

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