Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
Tsakos Energy Navigation Ltd
NYSE: TEN
Strait Signal — Technical Score
Score
80/100
Green
First entry on file — no prior week to compare.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 35/35
MACD bullish✓ +20
ROC positive✓ +15
Trend Strength · 0/20
ADX > 25 (value: 10.95)✗ +0
Volatility · 10/10
ATR vs 50d avg (stable, visual estimate)✓ +10
Note: Trend intact above both SMAs ($38.74 50-day, $30.32 250-day). Momentum modestly bullish (MACD just above signal, ROC +3.24). ADX at 10.95 shows no real directional strength — consolidating just below its recent highs after topping out in May. Volatility steady.
Chart
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
Tsakos Energy Navigation's daily chart shows price holding above both the 50-day ($38.74) and 250-day ($30.32) moving averages, but the move has clearly lost pace since topping out in May — the stock is consolidating just below those highs rather than pushing to new ones. MACD sits only just above signal and ROC is a modest +3.24, both consistent with a fading-momentum, sideways phase. ADX at 10.95 confirms there's no directional conviction currently driving price either way. Volatility stays steady, offering no immediate read on which way the consolidation resolves. A fresh breakout above the May highs on rising ADX would be the clearest signal the uptrend is resuming.