Technical Analysis for PTEN - Patterson-UTI Energy, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
4.555 | 1.67% | 0.08 |
PTEN closed up 1.82 percent on Tuesday, August 11, 2020, on 72 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Up | Up |
| Historical PTEN trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 1.67% | |
| New Uptrend | Bullish | 1.67% | |
| Upper Bollinger Band Walk | Strength | 1.67% | |
| BB Squeeze Ended | Range Expansion | 1.67% | |
| Wide Bands | Range Expansion | 1.67% | |
| Upper Bollinger Band Touch | Strength | 1.67% | |
| Expansion Pivot Buy Setup | Bullish Swing Setup | 3.52% | |
| Bollinger Band Squeeze | Range Contraction | 3.52% | |
| BB Squeeze Started | Range Contraction | 3.52% | |
| BB Squeeze + Upper Band Touch | Range Contraction | 3.52% |
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Basic chart:
- Earnings date: 07/23/2020
- Sector: Energy
- Industry: Oil & Gas Drilling
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 Oil Well Fracturing Precision Drilling Drilling Rig Hydraulic Fracturing Environmental Impact Of Hydraulic Fracturing Barnett Shale Contract Drilling Services Natural Gas Assets
Oil Petroleum Oil Well Fracturing Precision Drilling Drilling Rig Hydraulic Fracturing Environmental Impact Of Hydraulic Fracturing Barnett Shale Contract Drilling Services Natural Gas Assets
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 11.19 |
| 52 Week Low | 1.61 |
| Average Volume | 6,811,723 |
| 200-Day Moving Average | 5.80 |
| 50-Day Moving Average | 4.07 |
| 20-Day Moving Average | 3.95 |
| 10-Day Moving Average | 4.15 |
| Average True Range | 0.31 |
| ADX | 25.87 |
| +DI | 36.22 |
| -DI | 14.08 |
| Chandelier Exit (Long, 3 ATRs ) | 3.80 |
| Chandelier Exit (Short, 3 ATRs ) | 4.13 |
| Upper Bollinger Band | 4.57 |
| Lower Bollinger Band | 3.33 |
| Percent B (%b) | 0.93 |
| BandWidth | 31.38 |
| MACD Line | 0.15 |
| MACD Signal Line | 0.09 |
| MACD Histogram | 0.0638 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 4.92 | ||||
| Resistance 3 (R3) | 4.95 | 4.85 | 4.84 | ||
| Resistance 2 (R2) | 4.85 | 4.74 | 4.83 | 4.82 | |
| Resistance 1 (R1) | 4.66 | 4.67 | 4.61 | 4.63 | 4.79 |
| Pivot Point | 4.56 | 4.56 | 4.53 | 4.54 | 4.56 |
| Support 1 (S1) | 4.37 | 4.45 | 4.32 | 4.34 | 4.17 |
| Support 2 (S2) | 4.27 | 4.38 | 4.25 | 4.14 | |
| Support 3 (S3) | 4.08 | 4.27 | 4.12 | ||
| Support 4 (S4) | 4.05 |
