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Stock Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

Baytex Energy Corp Common Shares (NYSE:BTE)

Countertrend Down (-85) - BTE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid BTE?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BTE
Open High Low BTE Price Change
3.82 3.90 3.78 3.81 -0.04
Entry Signal

MarketClub’s Trade Triangles for BTE

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 3.760

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 4.200

short term up The short-term trend has been UP since Nov 28th, 2023 at 3.875

Smart Scan Analysis for BTE

Based on our trend formula, BTE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BTE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.82 3.90 3.78 3.81 -0.04
Prev. Close Volume Bid Ask Time
3.85 10362211 2023-12-01 15:59:58
52wk High5.2552wk High Date2022-12-01
52wk Low2.8952wk Low Date2023-06-23
Average Volume9,376,856Shares Outstanding210,583
Assets894,618,100MLiabilities421,396,300M
P/E Ratio3.4253
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