Scorpio Tankers Inc

STNG is in a Stage 2 advancing corrective reset within its long-term uptrend, with price holding just above the repaired 9 EMA and 21 EMA in a neutral OB/OS context. No primary patterns are active, but the HH/HL sequence and rising 50 DMA support a bullish medium-term bias. Short-term timing is neutral, suggesting to stalk for a pullback into the EMAs for cleaner engagement. Key risks include failure to hold EMAs, overhead supply near resistance, and moderate Stage 2→3 transition risk.

• ↑Q1 2026 adjusted EBITDA $214M and IFRS net income $216M including $66M vessel sale gain.
• ↑$500M share repurchase program and $0.45 quarterly dividend reflect disciplined capital return.
• ↓Shipping is cyclical; rate volatility may compress future earnings.