Technical Analysis for PTEN - Patterson-UTI Energy, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 11.49 | -1.63% | -0.19 |
Earnings due: Apr 25
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Flat | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 50 DMA | Bearish | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Down 3 Days in a Row | Weakness | 0.00% | |
| Lower Bollinger Band Touch | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 20 DMA Resistance | Bearish | -1.63% | |
| Fell Below 20 DMA | Bearish | -2.79% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | -2.79% | |
| NR7 | Range Contraction | -2.79% | |
| Inside Day | Range Contraction | -2.79% |
| Alert | Time |
|---|---|
| Lower Bollinger Band Support | about 14 hours ago |
| Down 2 % | about 16 hours ago |
| Fell Below Lower Bollinger Band | about 16 hours ago |
| Fell Below 50 DMA | about 16 hours ago |
| Down 1% | about 17 hours ago |
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- Earnings date: 04/25/2024
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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 15.9548 |
| 52 Week Low | 9.5164 |
| Average Volume | 6,651,826 |
| 200-Day Moving Average | 12.46 |
| 50-Day Moving Average | 11.53 |
| 20-Day Moving Average | 11.91 |
| 10-Day Moving Average | 12.02 |
| Average True Range | 0.42 |
| RSI (14) | 44.13 |
| ADX | 17.68 |
| +DI | 16.12 |
| -DI | 18.27 |
| Chandelier Exit (Long, 3 ATRs) | 11.38 |
| Chandelier Exit (Short, 3 ATRs) | 12.33 |
| Upper Bollinger Bands | 12.40 |
| Lower Bollinger Band | 11.43 |
| Percent B (%b) | 0.07 |
| BandWidth | 8.17 |
| MACD Line | 0.07 |
| MACD Signal Line | 0.15 |
| MACD Histogram | -0.0777 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 12.10 | ||||
| Resistance 3 (R3) | 12.14 | 11.98 | 12.00 | ||
| Resistance 2 (R2) | 11.98 | 11.82 | 11.96 | 11.96 | |
| Resistance 1 (R1) | 11.73 | 11.73 | 11.65 | 11.69 | 11.93 |
| Pivot Point | 11.57 | 11.57 | 11.53 | 11.55 | 11.57 |
| Support 1 (S1) | 11.33 | 11.42 | 11.25 | 11.29 | 11.05 |
| Support 2 (S2) | 11.17 | 11.32 | 11.15 | 11.02 | |
| Support 3 (S3) | 10.92 | 11.17 | 10.98 | ||
| Support 4 (S4) | 10.88 |
