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WTI forms Directional Movement Crossover Bearish on July 16

W&T Offshore, Inc. (WTI) — Nightly Technical Analysis · Jul 16, 2026, 17:39 ET
WTI posted a 2.49% loss on Thursday, July 16th, accompanied by 0.5× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.27, 3.21 & 3.1, with resistance at 3.43, 3.54 & 3.6.

Current SwingTradeBot Technical Rating of WTI: C

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W&T Offshore, Inc. (WTI)