BAYTEX ENERGY CORP (BTE.CA) Technical Analysis
TSX:BTE • CA07317Q1054
Current stock price
5.72 CAD
-0.03 (-0.52%)
Last:
BTE.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BTE. Both in the recent history as in the last year, BTE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that BTE is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by BTE over the past year are nicely spread over this period.
- BTE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 210 stocks in the same industry.
- BTE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTE is lagging the market slightly.
- BTE has an average volume of 7744030 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 5.37 - 6.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTE.CA Weekly and Daily overview Charts
BTE.CA Setup Rating and Analysis
BTE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
BTE.CA Support and Resistance Analysis
4.30
6.29
4 important support areas can be observed.
- A support zone ranging from 5.57 to 5.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.29 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.08 from a trend line in the daily time frame.
- Support @4.34 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @6.23 from a horizontal line in the daily time frame.
BTE.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BTE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTE.CA is neutral. |
| ChartMill Relative Strength | 89.01 | POSITIVE | BTE.CA has a high relative strength, it outperformed 89.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.07 | NEUTRAL | The RSI value for BTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BTE.CA has a negative trend. |
| Stochastics (14,3) | 48.98 | NEUTRAL | The Stochastics value for BTE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BTE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.77 | POSITIVE | The high ADX value value for BTE.CA suggests a strong trend. |
BTE.CA Chart- and CandleStick Pattern Analysis
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)
BTE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:BTE (4/10/2026, 7:00:00 PM)
5.72
-0.03 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.52%
1 Week-4.78%
2 Weeks-3.46%
1 Month0.36%
3 Month21.04%
6 Month70.64%
12 Month146.9%
2 Year9.41%
3 Year9.41%
5 Year282.19%
10 Year-13.08%
15 Year-90.45%
Volatility
ATR(14)0.3
ATR(20)%4.7%
ATR Inc99.44%
Range Today0.23
ADR(20)0.23
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.01
3 months CRS86.7
6 months CRS91.88
Mansfield4.92
10 Day High6.35
10 Day Low5.52
20 Day High6.35
20 Day Low5.37
52 Week High6.35
52 Week Low2
CS1 End5.57
CR1 Start6.23
Volume & EV
DER(3)-5.7%
DER(5)0.39%
Volume6.44M
Volume Incr-14.64%
Vol(5)7.21M
Vol(50)7.74M
BAYTEX ENERGY CORP / BTE.CA TA FAQ
What is the technical rating for BTE stock?
ChartMill assigns a technical rating of 10 / 10 to BTE.CA.
What is the current trend direction of BAYTEX ENERGY CORP (BTE.CA) stock?
The current trend direction for BAYTEX ENERGY CORP (BTE.CA) is Bullish.
What is the RSI signal for BTE stock?
BAYTEX ENERGY CORP (BTE.CA) has an RSI value of 47.0749. This indicates that the stock is currently neutral.
What are the support and resistance levels for BAYTEX ENERGY CORP (BTE.CA) stock?
BAYTEX ENERGY CORP (BTE.CA) has a support level at 5.57 and a resistance level at 6.23. Check the full technical report for our detailed analysis of BTE.CA support and resistance levels.