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20 Day Moving Average Resistance appears for WTI after 2.99% move

W&T Offshore, Inc. (WTI) — Nightly Technical Analysis · Aug 7, 2026, 17:41 ET
WTI posted a 2.99% gain on Friday, August 7th, accompanied by 0.3× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.28, 3.12 & 3.0, with resistance at 3.57, 3.69 & 3.85.

Current SwingTradeBot Technical Rating of WTI: C

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W&T Offshore, Inc. (WTI)