Technical Analysis for PTEN - Patterson-UTI Energy, Inc.
|Grade||Last Price||% Change||$ Change|
PTEN closed up 0.84 percent on Tuesday, February 21, 2017, on 74 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. It ran into resistance at its 50 day moving average.
Trend Table & Recent Alerts
|Weak or Absent||Up||Flat||Down|
|See historical PTEN trend table...|
|Date||Alert Name||Type||% Chg|
|Feb 21||50 DMA Resistance||Bearish||0.00%|
|Feb 21||NR7||Range Contraction||0.00%|
|Feb 21||NR7-2||Range Contraction||0.00%|
|Feb 21||Narrow Range Bar||Range Contraction||0.00%|
|Feb 21||Bollinger Band Squeeze||Range Contraction||0.00%|
|Feb 17||Fell Below 50 DMA||Bearish||0.84%|
|Feb 17||NR7||Range Contraction||0.84%|
|Feb 17||Doji - Bullish?||Reversal||0.84%|
|Feb 16||50 DMA Support||Bullish||-0.36%|
|Feb 15||Stochastic Reached Overbought||Other||-3.12%|
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.
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|
|Oversold / Overbought|
|Summary:||Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more PTEN news...
|52 Week High||29.76|
|52 Week Low||13.8|
|200-Day Moving Average||22.7|
|50-Day Moving Average||27.69|
|20-Day Moving Average||27.97|
|10-Day Moving Average||27.96|
|Average True Range||0.99|
|Chandelier Exit (Long, 3 ATRs)||26.79|
|Chandelier Exit (Short, 3 ATRs)||28.76|
|Upper Bollinger Band||29.15|
|Lower Bollinger Band||26.79|
|Percent B (%b)||0.37|