Teekay Tankers Ltd. (TNK) is trading at $70.35, which is -15.3% below its all-time high of $83.03. The Drawdown Severity Score is 2.1, placing it in the yellow (elevated) zone. Over its tracked history, TNK has experienced 5 significant drawdown events with an average maximum drawdown of -26.3%.
Data last updated: May 30, 2026 at 04:22 PM EDT
TNK
StockTeekay Tankers Ltd.
Price
$70.35
as of May 29, 2026
All Time High: $83.03
Moderately Elevated
Current Drawdown
-15.3%
Days in Drawdown
14
Avg Max Drawdown
21.1%
Avg Length
1199
Drawdown Severity Score™
2.1
TNK - Price & High Water Mark
TNK - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Teekay Tankers Ltd. (TNK) Analysis: Current Drawdown Insights
Teekay Tankers Ltd. is currently experiencing an unusual drawdown opportunity. As of 2026-05-29, the stock is trading at $70.35, which represents a 15.3% decline from its all-time high of $83.03. This drawdown has persisted for 14 days.
Based on comprehensive historical analysis spanning 14 years, Teekay Tankers Ltd. typically experiences drawdowns averaging 21.1% in depth, with an average duration of 1199 days. Teekay Tankers Ltd. has gone through 5 total drawdown events in the last 14 years. The largest drawdown for Teekay Tankers Ltd. in the last 14 years was 90.5%. The longest drawdown duration in its history was 5843 days.
The Drawdown Severity Score™ for Teekay Tankers Ltd. currently stands at 2.12. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed normal ranges—worth monitoring for potential opportunities.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Teekay Tankers Ltd.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.
📜 Historical Drawdown Events
Current drawdown shown in blue. Complete record of all 5 historical pullbacks below.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-05-15 | Ongoing | 14 days | -15.3% | $83.03 | $70.35 | — |
| 2024-05-29 | 2024-05-30 | 2 days | -1.7% | $69.58 | $68.41 | $70.13 |
| 2024-05-22 | 2024-05-24 | 3 days | -1.1% | $68.37 | $67.60 | $69.00 |
| 2008-05-22 | 2024-05-20 | 5843 days | -90.5% | $67.08 | $6.41 | $67.22 |
| 2008-05-19 | 2008-05-21 | 3 days | -3.8% | $66.27 | $63.74 | $67.08 |
| 2007-12-19 | 2008-05-13 | 146 days | -34.7% | $60.15 | $39.30 | $62.35 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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TNK Price History and Drawdown Data
Latest price
$70.35
High-water mark
$83.03
Current drawdown
-15.3%
Days in drawdown
14
This TNK page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Teekay Tankers Ltd. drawdowns.
What History Says About TNK
Teekay Tankers Ltd. has dropped 15%+ from its high 2 times in its tracked history. These events lasted an average of 2995 days with an average max drop of -62.6%.
The current drawdown of -15.3% has lasted 14 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| May 2008 to May 2024 | -90.5% | 5843 days |
| Dec 2007 to May 2008 | -34.7% | 146 days |
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