W&T OFFSHORE INC (WTI)

US92922P1066 - Common Stock

2.38  +0.04 (+1.71%)

After market: 2.3502 -0.03 (-1.25%)

Technical Rating and Analysis

2

Taking everything into account, WTI scores 2 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than WTI.
WTI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 82% of 210 stocks in the same industry do better.
WTI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WTI is lagging the market.
WTI has an average volume of 1675290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WTI has a been trading in the 2.10 - 2.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WTI Weekly chart
WTI Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, WTI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

2.22

2.55

We found 1 important support area.

  • A support zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 2.40 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.52 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
CRS13.68
Mansfield-3.35
10 Day High2.58
10 Day Low2.25
20 Day High2.58
20 Day Low2.1
52 Week High4.51
52 Week Low1.99
Performance
1 Week-0.42%
2 Weeks-1.24%
1 Month12.8%
3 Month1.28%
6 Month-26.99%
12 Month-44.52%
2 Year-52.11%
3 Year-41.23%
5 Year-46.99%
10 Year-82.25%
15 Year-77.74%
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)-0.01
RSI(14)56.13
LBB2.21
UBB2.54
WTI Daily chart

W&T OFFSHORE INC

NYSE:WTI (7/26/2024, 7:07:31 PM)

After market: 2.3502 -0.03 (-1.25%)

2.38

+0.04 (+1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.71%
1 Week-0.42%
2 Weeks-1.24%
1 Month12.8%
3 Month1.28%
6 Month-26.99%
12 Month-44.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%3.64%
ATR Inc
Range Today0.08
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 High2.58
10 Day Low2.25
20 Day High2.58
20 Day Low2.1
52 Week High4.51
52 Week Low1.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.33M
Volume Incr-8.27%
Vol(5)1.36M
Vol(50)1.68M