W&T OFFSHORE INC (WTI)

US92922P1066 - Common Stock

1.75  -0.06 (-3.31%)

After market: 1.76 +0.01 (+0.57%)

Technical Rating and Analysis

0

Overall WTI gets a technical rating of 0 out of 10. WTI'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.
When comparing the yearly performance of all stocks, WTI is a bad performer in the overall market: 92% of all stocks are doing better.
WTI is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, of which 87% are performing better than WTI.
WTI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month WTI has a been trading in the 1.70 - 2.49 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.
WTI has an average volume of 2173290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WTI Weekly chart
WTI Daily chart
Setup Rating and Analysis

2

The technical rating of WTI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.73

2.80

4 important resistance areas can be observed.

  • Resistance @2.17 from a trend line in the daily time frame.
  • Resistance @2.30 from a trend line in the weekly time frame.
  • Resistance @2.41 from a trend line in the weekly time frame.
  • Resistance @2.77 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.72
Mansfield-3.78
10 Day High2.01
10 Day Low1.7
20 Day High2.49
20 Day Low1.7
52 Week High3.44
52 Week Low1.7
Performance
1 Week-9.79%
2 Weeks-11.62%
1 Month-28.86%
3 Month-13.37%
6 Month-17.06%
12 Month-45.14%
2 Year-68.64%
3 Year-45.82%
5 Year-68.53%
10 Year-76.16%
15 Year-85.04%
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)29.39
LBB1.77
UBB2.07
WTI Daily chart

W&T OFFSHORE INC

NYSE:WTI (12/6/2024, 8:23:04 PM)

After market: 1.76 +0.01 (+0.57%)

1.75

-0.06 (-3.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.31%
1 Week-9.79%
2 Weeks-11.62%
1 Month-28.86%
3 Month-13.37%
6 Month-17.06%
12 Month-45.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%5.19%
ATR Inc
Range Today0.12
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 High2.01
10 Day Low1.7
20 Day High2.49
20 Day Low1.7
52 Week High3.44
52 Week Low1.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.73M
Volume Incr0.53%
Vol(5)1.98M
Vol(50)2.17M