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

Grade Last Price % Change Price Change
grade C 13.84 -5.66% -0.83
PTEN closed down 5.66 percent on Friday, March 22, 2019, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Down
See historical PTEN trend table...

Date Alert Name Type % Chg
Mar 22 Stochastic Sell Signal Bearish 0.00%
Mar 22 Overbought Stochastic Strength 0.00%
Mar 21 Inside Day Range Contraction -5.66%
Mar 21 Overbought Stochastic Strength -5.66%
Mar 20 Overbought Stochastic Strength -4.95%
Mar 20 Upper Bollinger Band Touch Strength -4.95%
Mar 19 Overbought Stochastic Strength -3.15%
Mar 19 Upper Bollinger Band Touch Strength -3.15%
Mar 18 180 Bullish Setup Bullish Swing Setup -4.02%
Mar 18 Overbought Stochastic Strength -4.02%

Older signals for PTEN ...

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Profile
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.
Oil Petroleum Fracturing Oil And Gas Law In The United States Oil Well Precision Drilling Drilling Rig Hydraulic Fracturing Environmental Impact Of Hydraulic Fracturing Barnett Shale Contract Drilling Services Natural Gas Assets
Is PTEN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 23.99
52 Week Low 9.49
Average Volume 3,527,992
200-Day Moving Average 15.3523
50-Day Moving Average 13.1992
20-Day Moving Average 13.7245
10-Day Moving Average 14.046
Average True Range 0.5283
ADX 16.07
+DI 25.7673
-DI 23.85
Chandelier Exit (Long, 3 ATRs ) 13.2051
Chandelier Exit (Short, 3 ATRs ) 13.9249
Upper Bollinger Band 14.7826
Lower Bollinger Band 12.6664
Percent B (%b) 0.55
BandWidth 15.419141
MACD Line 0.2996
MACD Signal Line 0.2559
MACD Histogram 0.0437
Fundamentals Value
Market Cap 2.93 Billion
Num Shares 212 Million
EPS -1.95
Price-to-Earnings (P/E) Ratio -7.10
Price-to-Sales 3.02
Price-to-Book 1.12
PEG Ratio -1.87
Dividend 0.08
Dividend Yield 0.58%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.94
Resistance 3 (R3) 15.05 14.79 14.75
Resistance 2 (R2) 14.79 14.51 14.74 14.69
Resistance 1 (R1) 14.32 14.34 14.19 14.21 14.63
Pivot Point 14.06 14.06 14.00 14.01 14.06
Support 1 (S1) 13.59 13.78 13.46 13.48 13.05
Support 2 (S2) 13.33 13.61 13.28 12.99
Support 3 (S3) 12.86 13.33 12.93
Support 4 (S4) 12.75