BAYTEX ENERGY CORP (BTE)

CA07317Q1054 - Common Stock

2.29  +0.06 (+2.69%)

After market: 2.3 +0.01 (+0.44%)

Technical Rating and Analysis

0

Overall BTE gets a technical rating of 0 out of 10. BTE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BTE is a bad performer in the overall market: 89% of all stocks are doing better.
BTE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 205 stocks in the same industry do better.
BTE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BTE is lagging the market.
In the last month BTE has a been trading in the 2.19 - 3.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BTE has an average volume of 11724900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BTE Weekly chart
BTE Daily chart
Setup Rating and Analysis

3

The technical rating of BTE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.27

3.78

5 important resistance areas can be observed.

  • A resistance zone ranging from 2.82 to 2.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.17 from a horizontal line in the daily time frame.
  • Resistance @3.25 from a trend line in the weekly time frame.
  • Resistance @3.43 from a trend line in the daily time frame.
  • Resistance @3.74 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.11
Mansfield-3.67
10 Day High2.64
10 Day Low2.19
20 Day High3.05
20 Day Low2.19
52 Week High4.08
52 Week Low2.19
Performance
1 Week-8.4%
2 Weeks-11.24%
1 Month-24.17%
3 Month-27.07%
6 Month-29.54%
12 Month-31.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)27.47
LBB2.15
UBB2.84
BTE Daily chart

BAYTEX ENERGY CORP

NYSE:BTE (12/20/2024, 8:04:01 PM)

After market: 2.3 +0.01 (+0.44%)

2.29

+0.06 (+2.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.69%
1 Week-8.4%
2 Weeks-11.24%
1 Month-24.17%
3 Month-27.07%
6 Month-29.54%
12 Month-31.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.5%
ATR Inc5.25%
Range Today0.12
ADR(20)0.1
ADR(20)%4.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.11
Mansfield-3.67
10 Day High2.64
10 Day Low2.19
20 Day High3.05
20 Day Low2.19
52 Week High4.08
52 Week Low2.19
CS1 EndN/A
CR1 Start2.82
Volume & EV
DER(3)-0.48%
DER(5)-0.97%
Volume15.17M
Volume Incr18.5%
Vol(5)12.58M
Vol(50)11.72M