BAYTEX ENERGY CORP (BTE) Technical Analysis
NYSE:BTE • CA07317Q1054
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 long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BTE is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by BTE over the past year are nicely spread over this period.
- BTE is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. BTE outperforms 84% of them.
- BTE is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BTE is leading the market.
- In the last month BTE has a been trading in the 3.34 - 4.13 range, which is quite wide. It is currently trading near the high of this range.
- BTE has an average volume of 18365300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTE has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
2.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.46 to 3.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.38 from a horizontal line in the daily time frame.
- Support @2.89 from a trend line in the weekly time frame.
- Support @2.76 from a trend line in the daily time frame.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTE is up. |
| ChartMill Relative Strength | 93.65 | POSITIVE | BTE has a high relative strength, it outperformed 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.17 | NEUTRAL | The RSI value for BTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.35 | OVERBOUGHT | The high Stochastics value suggests BTE may be overbought. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for BTE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for BTE suggests a possible start of a new trend. |
BTE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BTE (3/9/2026, 2:09:10 PM)
3.9994
+0.05 (+1.25%)
BAYTEX ENERGY CORP / BTE FAQ
What is the technical rating for BTE stock?
ChartMill assigns a technical rating of 10 / 10 to BTE.
What is the current trend direction of BAYTEX ENERGY CORP (BTE) stock?
The current trend direction for BAYTEX ENERGY CORP (BTE) is Bullish.
Can you provide the RSI signal for BAYTEX ENERGY CORP?
BAYTEX ENERGY CORP (BTE) has an RSI value of 66.1653. This indicates that the stock is currently neutral.
What is the short term momentum for BTE stock?
The short term momentum for BAYTEX ENERGY CORP (BTE) is positive.
Can you provide the support and resistance levels for BAYTEX ENERGY CORP?
BAYTEX ENERGY CORP (BTE) has a support level at 3.5. Check the full technical report for our detailed analysis of BTE support and resistance levels.