BAYTEX ENERGY CORP (BTE) Stock Technical Analysis
NYSE:BTE - New York Stock Exchange, Inc. - CA07317Q1054 - Common Stock - Currency: USD
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.
92% of all other stocks performed better in the past year than BTE.
BTE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 83% of 212 stocks in the same industry do better.
BTE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BTE has an average volume of 43098100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BTE has a been trading in the 1.36 - 2.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTE has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.63
2.90
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.04 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.15 from a trend line in the daily time frame.
- Resistance @2.21 from a trend line in the weekly time frame.
- Resistance @2.87 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.31
Mansfield-4.13
10 Day High1.78
10 Day Low1.54
20 Day High2.26
20 Day Low1.36
52 Week High3.96
52 Week Low1.36
Performance
1 Week-5.17%
2 Weeks3.77%
1 Month-27.31%
3 Month-34.78%
6 Month-44.44%
12 Month-58.02%
2 Year-56.23%
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)0.01
RSI(14)40.06
LBB1.51
UBB1.79
1.65
+0.01 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.61%
1 Week-5.17%
2 Weeks3.77%
1 Month-27.31%
3 Month-34.78%
6 Month-44.44%
12 Month-58.02%
2 Year-56.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%10.02%
ATR Inc-65.19%
Range Today0.08
ADR(20)0.15
ADR(20)%8.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.31
Mansfield-4.13
10 Day High1.78
10 Day Low1.54
20 Day High2.26
20 Day Low1.36
52 Week High3.96
52 Week Low1.36
CS1 EndN/A
CR1 Start1.75
Volume & EV
DER(3)2.31%
DER(5)0.76%
Volume26.64M
Volume Incr-26.36%
Vol(5)34.22M
Vol(50)43.10M