(BTE) Baytex Energy complete technical analysis [charts+indicators] | Buy/Sell Baytex Energy | (BTE) share price targets
Complete technical analysis of Baytex Energy (BTE) by charts plus indicators, forecast predictions and share price targets for Baytex Energy (BTE)
Baytex Energy trades in USA in Energy sector.
10 day averaged volume of Baytex Energy is 10298385
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 3.44 | 3.45 | 3.49 | 3.43 | 0.699 times |
| 15 Wed May 2024 | 3.42 | 3.44 | 3.44 | 3.29 | 0.911 times |
| 14 Tue May 2024 | 3.43 | 3.40 | 3.49 | 3.39 | 0.747 times |
| 13 Mon May 2024 | 3.45 | 3.49 | 3.52 | 3.40 | 0.877 times |
| 10 Fri May 2024 | 3.45 | 3.60 | 3.78 | 3.44 | 1.947 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.5, but if it comes above 3.5, then a intra day buy could be more profitable.
If you take a sell trade below 3.5, then use 3.5 as stoploss and 3.3 as target. However if you take a buy trade in stock , then use 3.5 as stoploss and 3.65 as target.
Share price targets for Baytex Energy (BTE)
| Target Type | Value |
| Downside Target | 2.92 |
| Downside Target | 3.06 |
| Downside Target | 3.29 |
| Downside Target | 3.44 |
| Upside Target | 3.60 |
| Upside Target | 3.65 |
| Upside Target | 3.79 |
| Upside Target | 3.83 |
| Upside Target | 3.95 |
| Upside Target | 3.96 |
| Upside Target | 4.08 |
Intraday share price targets for Baytex Energy (BTE)
| Target Type | Value |
| Downside Intraday Target | 3.31 |
| Downside Intraday Target | 3.19 |
| Upside Intraday Target | 3.54 |
| Upside Intraday Target | 3.65 |
| Downside Intraday Target | 3.42 |
Weekly technical analysis of Baytex Energy (BTE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 3.44 | 3.49 | 3.52 | 3.29 | 0.56 times |
| 10 Fri May 2024 | 3.45 | 3.57 | 3.83 | 3.44 | 0.949 times |
| 03 Fri May 2024 | 3.53 | 3.93 | 3.96 | 3.47 | 1.452 times |
| 26 Fri Apr 2024 | 3.93 | 3.63 | 3.95 | 3.57 | 0.69 times |
| 19 Fri Apr 2024 | 3.63 | 3.78 | 3.79 | 3.60 | 1.03 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Baytex Energy (BTE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 3.44 | 3.66 | 3.83 | 3.29 | 0.511 times |
| 30 Tue Apr 2024 | 3.71 | 3.64 | 4.08 | 3.57 | 1.339 times |
| 28 Thu Mar 2024 | 3.63 | 3.24 | 3.65 | 3.06 | 1.019 times |
| 29 Thu Feb 2024 | 3.19 | 3.21 | 3.55 | 2.92 | 1.141 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Baytex Energy (BTE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 36, 36, 0 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 20 | Sell |
| CCI | -66 | Buy |
| RSI | 39 | Sell |
| OBV | 28379856 | Sell |
| VWAP | 4 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Baytex Energy ( (BTE) ) based on a short term time period is
Price action analysis of Baytex Energy ( (BTE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Baytex Energy ( (BTE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Baytex Energy ( (BTE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Baytex Energy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Baytex Energy in short term and the sell signal is strong.
Baytex Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Baytex Energy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Baytex Energy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.55 and Baytex Energy (BTE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Baytex Energy (BTE) stock. Volume based technical analysis of Baytex Energy (BTE) stock is negative.
Baytex Energy Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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