PATTERSON-UTI ENERGY INC (PTEN) Stock Technical Analysis
NASDAQ:PTEN - Nasdaq - US7034811015 - Common Stock - Currency: USD
Taking everything into account, PTEN scores 0 out of 10 in our technical rating. PTEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than PTEN.
PTEN is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, of which 65% are performing better than PTEN.
PTEN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
PTEN has an average volume of 13812100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PTEN has a been trading in the 5.40 - 6.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PTEN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.10. Right above this resistance zone may be a good entry point.
More info and screens
5.40
9.53
When analyzing the support we notice one important area.
- Support @5.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.10 to 6.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.85 to 7.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.43 to 8.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.44 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.02
Mansfield-3.13
10 Day High6.25
10 Day Low5.48
20 Day High6.27
20 Day Low5.4
52 Week High11.7
52 Week Low5.12
Performance
1 Week-0.34%
2 Weeks-4.26%
1 Month-10.98%
3 Month-32.25%
6 Month-29.6%
12 Month-46.37%
2 Year-40.04%
3 Year-69.39%
5 Year58.27%
10 Year-71.09%
15 Year-58.37%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)43.37
LBB5.48
UBB6.22
NASDAQ:PTEN (5/9/2025, 1:36:05 PM)
6.045
+0.21 (+3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.51%
1 Week-0.34%
2 Weeks-4.26%
1 Month-10.98%
3 Month-32.25%
6 Month-29.6%
12 Month-46.37%
2 Year-40.04%
3 Year-69.39%
5 Year58.27%
10 Year-71.09%
15 Year-58.37%
Volatility
ATR(14)0.33
ATR(20)%6.37%
ATR Inc-26.62%
Range Today0.14
ADR(20)0.33
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.02
Mansfield-3.13
10 Day High6.25
10 Day Low5.48
20 Day High6.27
20 Day Low5.4
52 Week High11.7
52 Week Low5.12
CS1 End5.45
CR1 Start6.1
Volume & EV
DER(3)-0.4%
DER(5)0.21%
Volume5.56M
Volume Incr-6.93%
Vol(5)14.12M
Vol(50)13.81M