BTE Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of Baytex Energy Corp (TSX: BTE.TO ) crossed below their 200 day moving average of $6.15, changing hands as low as $6.11 per share. Baytex Energy Corp shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of BTE shares, versus its 200 day moving average:
Looking at the chart above, BTE's low point in its 52 week range is $1.57 per share, with $9.04 as the 52 week high point - that compares with a last trade of $6.13.