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Patterson-UTI Energy, Inc.

PTEN•NASDAQ
Energy
Oil & Gas Drilling
$11.35
$0.54(5.02%)
U.S. Market is Open • 15:38

Patterson-UTI Energy, Inc. (PTEN) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Patterson-UTI Energy, Inc. (NASDAQ:PTEN).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PTEN Technical Analysis Summary

Patterson-UTI Energy, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.20)
Trend Strength:Moderate (ADX: 20.72)
Volatility:High (ATR: 0.65)
Support/Resistance:$9.45 – $11.57 (Bollinger Bands)

This mix signals that Patterson-UTI Energy, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.20

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 79.15

Bullish
Buying momentum building without extremes.

Williams %R: -9.63

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.00

Bullish
Steady upward momentum.

Takeaway:Patterson-UTI Energy, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.15

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.72

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.65

Low
Low volatility, stable price action.

CCI (14): 105.23

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Patterson-UTI Energy, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.57
Middle Band (SMA 20)
$10.51
Lower Band
$9.45
Current Position
Within Bands

Takeaway:Patterson-UTI Energy, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$11.67
Middle Line (EMA 20)
$10.36
Lower Channel
$9.06
Squeeze Status
Squeeze On

Takeaway:Patterson-UTI Energy, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume208.49M
Money Flow Index57.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index71.38Bullish, price momentum strongly favors buyers.

Overall Takeaway:PTEN shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Patterson-UTI Energy, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Patterson-UTI Energy, Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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