BAYTEX ENERGY CORP (BTE)
CA07317Q1054 - Common Stock
Taking everything into account, BTE scores 0 out of 10 in our technical rating. BTE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% 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. 85% of 204 stocks in the same industry do better.
BTE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BTE has a been trading in the 2.85 - 3.45 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 10863400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BTE has a poor technical rating and the quality of the setup is also not perfect 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
2.82
3.78
We found 2 important support areas.
- Support @2.90 from a horizontal line in the weekly time frame.
- Support @2.85 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.19 to 3.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.32 to 3.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.42 from a trend line in the weekly time frame.
- Resistance @3.57 from a trend line in the daily time frame.
- Resistance @3.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.46
Mansfield-2.47
10 Day High3.29
10 Day Low2.86
20 Day High3.45
20 Day Low2.85
52 Week High4.65
52 Week Low2.85
Performance
1 Week-6.39%
2 Weeks-12.54%
1 Month-6.39%
3 Month-14.58%
6 Month-25.45%
12 Month-32.49%
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)-0.02
RSI(14)39
LBB2.82
UBB3.43
BAYTEX ENERGY CORP
NYSE:BTE (10/22/2024, 1:28:02 PM)
2.95
+0.02 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.68%
1 Week-6.39%
2 Weeks-12.54%
1 Month-6.39%
3 Month-14.58%
6 Month-25.45%
12 Month-32.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%4%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.29
10 Day Low2.86
20 Day High3.45
20 Day Low2.85
52 Week High4.65
52 Week Low2.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.81M
Volume Incr5.24%
Vol(5)13.68M
Vol(50)10.86M