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20 Day Moving Average Support appears for WTI after 2.23% move

W&T Offshore, Inc. (WTI) — Nightly Technical Analysis · Aug 3, 2026, 17:53 ET
WTI closed down 2.23% on Monday, August 3rd, with volume running 1.1× above average. Mixed technical signals appeared with 20 DMA Support and MACD Bullish Centerline Cross suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 3.36, 3.21 & 3.11, with resistance at 3.6, 3.7 & 3.85.

Current SwingTradeBot Technical Rating of WTI: C

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W&T Offshore, Inc. (WTI)