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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.
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MarketClub’s Trade Triangles for WTI
The long-term trend has been DOWN since Jan 3rd, 2023 at 5.270
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 5.185
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).
| 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 High | 9.88 | Year High Date | 2018-10-01 |
| Year Low | 3.349 | Year Low Date | 2018-01-02 |
| 52wk High | 9.16 | 52wk High Date | 2022-11-07 |
| 52wk Low | 3.57 | 52wk Low Date | 2022-07-06 |
| Year End Close | 16.03 | Average Volume | 3,900,902 |
| Shares Outstanding | 143,162 | Short Interest | 3,854,090 |
| % Institutional | 48.5 | Market Cap | 689M |
| Assets | 143,179,000M | Liabilities | 142,415,600M |
| P/E Ratio | 3.1698 | Beta | 1.93 |
| Volatility | 77.7 |