Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
45/100 Orange
Prior entry (1 Aug 2026): 80/100 → Green. Real decline — Green → Orange.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 0/35
MACD bullish✗ +20
ROC positive✗ +15
Trend Strength · 0/20
ADX > 25(value: 9.19)✗ +20
Volatility · 10/10
ATR vs 50d avg(stable, visual estimate)✓ +10
Note: Trend intact, price above both the 50 SMA ($38.36) and 250 SMA ($30.69). Momentum has turned since the 1 August read — MACD just crossed below signal and ROC prints marginally negative at -0.08 — netting zero on that category. ADX at 9.19 shows no trend-strength conviction. Volatility has settled into a range-bound pattern for months and earns the full 10 points. Score falls from 80/Green to 45/Orange.
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
Tsakos Energy Navigation Ltd (TEN) daily chart with 50/250 SMA, ADX, MACD, ROC, and ATR panels
TEN follows the same script as several other names this week — trend intact, momentum broken. Price remains comfortably above both moving averages, but MACD has just crossed below its signal line and ROC has slipped marginally negative, a fresh but shallow reversal rather than a decisive breakdown. ADX at 9.19 is among the lower trend-strength readings in the batch, consistent with a stock consolidating just below its recent highs rather than trending with force in either direction. Volatility has been range-bound for months and stays the one reliable category. The setup argues for watching next week’s momentum read before drawing a firmer conclusion.