Technical Analysis for PTEN - Patterson-UTI Energy, Inc.

Grade Last Price % Change Price Change
D 11.94 -0.91% -0.11
PTEN closed down 0.91 percent on Thursday, March 28, 2024, on 1.6 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 20 DMA Bullish -0.91%
180 Bullish Setup Bullish Swing Setup -0.91%
Bollinger Band Squeeze Range Contraction -0.91%
Outside Day Range Expansion -0.91%
Fell Below 20 DMA Bearish 2.14%
Bollinger Band Squeeze Range Contraction 2.14%
Shooting Star Candlestick Bearish 0.84%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 15 hours ago
Down 1% about 16 hours ago
Up 2% about 16 hours ago
60 Minute Opening Range Breakout about 16 hours ago
Upper Bollinger Band Resistance about 20 hours ago

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Profile

Patterson-UTI Energy, Inc. Description

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company offers pressure pumping services that consist of well stimulation and cementing for completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas and the Appalachian Basin; and contract drilling services primarily in Texas, New Mexico, Louisiana, Arkansas, Oklahoma, Colorado, Utah, Wyoming, Montana, North Dakota, Nebraska, Alaska, Kansas, Pennsylvania, Ohio, West Virginia, Michigan, and western and northern Canada. It also owns and invests in oil and natural gas assets located primarily in Texas and New Mexico. As of December 31, 2012, it had a drilling fleet of 314 marketable land-based drilling rigs. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.


Classification

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Acid Petroleum Oil Wells Drilling Rig Precision Drilling Fracturing Hydraulic Fracturing Drilling Services Contract Drilling Services Barnett Shale Pumping Services Natural Gas Assets Pressure Pumping Services

Is PTEN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.9548
52 Week Low 9.5164
Average Volume 6,918,764
200-Day Moving Average 12.43
50-Day Moving Average 11.22
20-Day Moving Average 11.76
10-Day Moving Average 11.79
Average True Range 0.42
RSI (14) 56.71
ADX 17.87
+DI 20.90
-DI 13.14
Chandelier Exit (Long, 3 ATRs) 11.08
Chandelier Exit (Short, 3 ATRs) 12.30
Upper Bollinger Bands 12.15
Lower Bollinger Band 11.36
Percent B (%b) 0.73
BandWidth 6.73
MACD Line 0.16
MACD Signal Line 0.17
MACD Histogram -0.0095
Fundamentals Value
Market Cap 4.98 Billion
Num Shares 417 Million
EPS 1.24
Price-to-Earnings (P/E) Ratio 9.63
Price-to-Sales 1.33
Price-to-Book 0.90
PEG Ratio 0.40
Dividend 0.32
Dividend Yield 2.68%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.62
Resistance 3 (R3) 12.66 12.48 12.50
Resistance 2 (R2) 12.48 12.31 12.46 12.46
Resistance 1 (R1) 12.21 12.20 12.12 12.17 12.43
Pivot Point 12.03 12.03 11.99 12.01 12.03
Support 1 (S1) 11.76 11.86 11.67 11.72 11.45
Support 2 (S2) 11.58 11.75 11.56 11.42
Support 3 (S3) 11.31 11.58 11.38
Support 4 (S4) 11.27