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WTI Stock W&T Offshore (WTI, $2.26) entered Downtrend as Momentum indicator drops below 0 level on Jul 24, 2024

A.I.dvisor
at Tickeron.com
07/25/24
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WTI - W&T Offshore
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $2.26
Daily change: -$0.07 (-3%)
Daily volume: 1.3M
Capitalization: $331.9M
Industry: Oil & Gas Production
This indicator may be signaling that WTI's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 91 similar cases where WTI's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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WTI
Daily Signalchanged days ago
Gain/Loss if shorted
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General Information

a company that engages in the acquisition, exploitation and exploration of oil and natural gas

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
5718 Westheimer Road
Phone
+1 713 626-8525
Employees
395
Web
https://www.wtoffshore.com