W&T OFFSHORE INC (WTI)

US92922P1066 - Common Stock

1.545  +0.01 (+0.98%)

Technical Rating and Analysis

0

Taking everything into account, WTI scores 0 out of 10 in our technical rating. WTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than WTI.
WTI is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, of which 91% are performing better than WTI.
WTI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month WTI has a been trading in the 1.33 - 1.99 range, which is quite wide. It is currently trading near the lows of this range.
WTI has an average volume of 2024050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
WTI Weekly chart
WTI Daily chart
Setup Rating and Analysis

3

The technical rating of WTI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.53

2.80

4 important resistance areas can be observed.

  • A resistance zone ranging from 1.57 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @2.00 from a trend line in the daily time frame.
  • Resistance @2.32 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
CRS7.27
Mansfield-4.19
10 Day High1.83
10 Day Low1.33
20 Day High1.99
20 Day Low1.33
52 Week High3.36
52 Week Low1.33
Performance
1 Week-2.55%
2 Weeks-15%
1 Month-22.73%
3 Month-26.09%
6 Month-28.5%
12 Month-53.07%
2 Year-72.58%
3 Year-52.63%
5 Year-72.48%
10 Year-79.16%
15 Year-86.92%
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)34.41
LBB1.33
UBB1.94
WTI Daily chart

W&T OFFSHORE INC

NYSE:WTI (12/26/2024, 2:46:07 PM)

1.545

+0.01 (+0.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.98%
1 Week-2.55%
2 Weeks-15%
1 Month-22.73%
3 Month-26.09%
6 Month-28.5%
12 Month-53.07%
2 Year-72.58%
3 Year-52.63%
5 Year-72.48%
10 Year-79.16%
15 Year-86.92%
Volatility
ATR(14)0.11
ATR(20)%6.35%
ATR Inc10.81%
Range Today0.08
ADR(20)0.09
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.27
Mansfield-4.19
10 Day High1.83
10 Day Low1.33
20 Day High1.99
20 Day Low1.33
52 Week High3.36
52 Week Low1.33
CS1 EndN/A
CR1 Start1.57
Volume & EV
DER(3)2.46%
DER(5)-1.59%
Volume1.06M
Volume Incr51.15%
Vol(5)3.11M
Vol(50)2.02M