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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

W&T Offshore, Inc. (NYSE:WTI)

Long-Term Downtrend (-90) - WTI is in a strong downtrend that is likely to continue. While WTI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid WTI?

MarketClub looks at technical strength and momentum to determine if the timing is right for WTI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low WTI Price Change
4.9900 5.0600 4.7750 5.0295 +0.2095
Entry Signal

MarketClub’s Trade Triangles for WTI

long term down The long-term trend has been DOWN since Jan 3rd, 2023 at 5.270

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 5.185

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 4.670

Smart Scan Analysis for WTI

Based on our trend formula, WTI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for WTI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9900 5.0600 4.7750 5.0295 +0.2095
Prev. Close Volume Bid Ask Time
5.0400 2160154 2023-03-27 15:59:30
Year High9.88Year High Date2018-10-01
Year Low3.349Year Low Date2018-01-02
52wk High9.1652wk High Date2022-11-07
52wk Low3.5752wk Low Date2022-07-06
Year End Close16.03Average Volume3,900,902
Shares Outstanding143,162Short Interest3,854,090
% Institutional48.5Market Cap689M
P/E Ratio3.1698Beta1.93
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