W&T Offshore, Inc.
Here’s whether W&T Offshore, Inc. (WTI) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); RSI 60 — healthy momentum range; strong 1-year return of +109.7%. Concerns: 50-day MA is falling (-2.75% over 10 days); 3-month momentum negative (-22.7%). Currently 27.8% off its 52-week high. Score: +3/7.
WTI is in a confirmed uptrend, trading above both its 50-day ($3.50) and 200-day ($2.87) moving averages. An RSI of 59.8 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +109.7% compares to +20.4% for SPY (beat the market by 89.3%). The current 27.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.