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

Grade Last Price % Change Price Change
B 8.71 2.23% 0.19
PTEN closed up 5.84 percent on Friday, May 14, 2021, on 72 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical PTEN trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 2.41%
Wide Bands Range Expansion 2.41%
Doji - Bullish? Reversal 8.39%
Wide Bands Range Expansion 8.39%
Upper Bollinger Band Walk Strength 5.63%
Wide Bands Range Expansion 5.63%
Overbought Stochastic Strength 5.63%
Upper Bollinger Band Touch Strength 5.63%
Upper Bollinger Band Walk Strength 5.89%
Wide Bands Range Expansion 5.89%
Older End-of-Day Signals for PTEN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
Up 2% about 1 hour ago
Down 2 % about 2 hours ago
Up 1% about 3 hours ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Well Drilling Rig Drilling Rigs Fracturing Precision Drilling Hydraulic Fracturing Drilling Services Environmental Impact Of Hydraulic Fracturing Barnett Shale Natural Gas Assets Pumping Services Contract Drilling Services 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 9.74
52 Week Low 2.38
Average Volume 2,109,744
200-Day Moving Average 5.34
50-Day Moving Average 7.58
20-Day Moving Average 7.32
10-Day Moving Average 8.10
Average True Range 0.55
ADX 26.03
+DI 29.16
-DI 19.50
Chandelier Exit (Long, 3 ATRs ) 7.34
Chandelier Exit (Short, 3 ATRs ) 7.72
Upper Bollinger Band 8.99
Lower Bollinger Band 5.65
Percent B (%b) 0.86
BandWidth 45.70
MACD Line 0.36
MACD Signal Line 0.21
MACD Histogram 0.1471
Fundamentals Value
Market Cap 1.6 Billion
Num Shares 187 Million
EPS -1.66
Price-to-Earnings (P/E) Ratio -5.13
Price-to-Sales 0.66
Price-to-Book 0.43
PEG Ratio -1.74
Dividend 0.08
Dividend Yield 0.94%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.23
Resistance 3 (R3) 9.20 8.94 9.11
Resistance 2 (R2) 8.94 8.76 8.95 9.07
Resistance 1 (R1) 8.73 8.65 8.84 8.76 9.03
Pivot Point 8.47 8.47 8.52 8.48 8.47
Support 1 (S1) 8.26 8.29 8.37 8.29 8.01
Support 2 (S2) 8.00 8.18 8.01 7.97
Support 3 (S3) 7.79 8.00 7.93
Support 4 (S4) 7.82