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

Grade Last Price % Change Price Change
grade F 12.86 2.80% 0.35
PTEN closed up 2.8 percent on Friday, January 18, 2019, on 81 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. 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 Down Up
See historical PTEN trend table...

Date Alert Name Type % Chg
Jan 18 MACD Bullish Centerline Cross Bullish 0.00%
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 NR7 Range Contraction 0.00%
Jan 18 Weak + Overbought Other 0.00%
Jan 18 Wide Bands Range Expansion 0.00%
Jan 18 Weak, Overbought and Reversal Signs Reversal 0.00%
Jan 18 Gapped Up Strength 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 New Downtrend Bearish 2.80%
Jan 17 Weak + Overbought Other 2.80%

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.
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: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 24.7145
52 Week Low 9.49
Average Volume 3,778,833
200-Day Moving Average 17.0006
50-Day Moving Average 13.0984
20-Day Moving Average 11.4755
10-Day Moving Average 12.519
Average True Range 0.6578
ADX 23.85
+DI 25.0231
-DI 24.2131
Chandelier Exit (Long, 3 ATRs ) 11.1216
Chandelier Exit (Short, 3 ATRs ) 11.4634
Upper Bollinger Band 13.7321
Lower Bollinger Band 9.2189
Percent B (%b) 0.81
BandWidth 39.329005
MACD Line 0.0345
MACD Signal Line -0.2541
MACD Histogram 0.2886
Fundamentals Value
Market Cap 2.72 Billion
Num Shares 212 Million
EPS -1.95
Price-to-Earnings (P/E) Ratio -6.59
Price-to-Sales 3.02
Price-to-Book 1.12
PEG Ratio -1.87
Dividend 0.08
Dividend Yield 0.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.25
Resistance 3 (R3) 13.21 13.05 13.19
Resistance 2 (R2) 13.05 12.95 13.07 13.16
Resistance 1 (R1) 12.95 12.89 13.00 12.99 13.14
Pivot Point 12.79 12.79 12.81 12.81 12.79
Support 1 (S1) 12.69 12.69 12.74 12.73 12.58
Support 2 (S2) 12.53 12.63 12.55 12.56
Support 3 (S3) 12.43 12.53 12.54
Support 4 (S4) 12.47