Stock Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
Baytex Energy Corp (TSE:BTE)
Sidelines Mode (+55) - BTE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for BTE
The long-term trend has been UP since Dec 7th, 2020 at 0.76
The intermediate-term trend has been DOWN since May 9th, 2022 at 6.07
The short-term trend has been UP since May 17th, 2022 at 6.34
Smart Scan Analysis for BTE
Based on our trend formula, BTE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.23||Year High Date||2018-05-09|
|Year Low||2.205||Year Low Date||2018-11-14|
|52wk High||6.23||52wk High Date||2018-05-09|
|52wk Low||2.205||52wk Low Date||2018-11-14|
|Year End Close||42.87||Average Volume||6,132,941|