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

Grade Last Price % Change Price Change
grade F 11.04 -3.24% -0.37
PTEN closed down 3.24 percent on Friday, May 24, 2019, on 64 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical PTEN trend table...

Date Alert Name Type % Chg
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -3.24%
Below Lower BB Weakness -3.24%
Gapped Down Weakness -3.24%
Lower Bollinger Band Touch Weakness -3.24%
Oversold Stochastic Weakness -3.24%
Narrow Range Bar Range Contraction -10.10%

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.
Oil Petroleum Fracturing Oil And Gas Law In The United States Oil Well Precision Drilling Drilling Rig Hydraulic Fracturing Environmental Impact Of Hydraulic Fracturing Barnett Shale Contract Drilling Services Natural Gas Assets
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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 21.81
52 Week Low 9.49
Average Volume 3,564,478
200-Day Moving Average 14.5266
50-Day Moving Average 13.946
20-Day Moving Average 12.738
10-Day Moving Average 12.241
Average True Range 0.6263
ADX 27.48
+DI 14.7787
-DI 35.855
Chandelier Exit (Long, 3 ATRs ) 13.8211
Chandelier Exit (Short, 3 ATRs ) 12.8789
Upper Bollinger Band 14.2031
Lower Bollinger Band 11.2729
Percent B (%b) -0.08
BandWidth 23.003611
MACD Line -0.6907
MACD Signal Line -0.5497
MACD Histogram -0.141
Fundamentals Value
Market Cap 2.34 Billion
Num Shares 212 Million
EPS -1.95
Price-to-Earnings (P/E) Ratio -5.66
Price-to-Sales 3.02
Price-to-Book 1.12
PEG Ratio -1.87
Dividend 0.08
Dividend Yield 0.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.02
Resistance 3 (R3) 12.11 11.88 11.85
Resistance 2 (R2) 11.88 11.63 11.83 11.80
Resistance 1 (R1) 11.46 11.48 11.35 11.37 11.74
Pivot Point 11.23 11.23 11.17 11.18 11.23
Support 1 (S1) 10.81 10.98 10.70 10.72 10.34
Support 2 (S2) 10.58 10.83 10.53 10.28
Support 3 (S3) 10.16 10.58 10.23
Support 4 (S4) 10.07