Technical Analysis for PTEN - Patterson-UTI Energy, Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Bearish Engulfing | Bearish | 0.00% | |
| Fell Below 20 DMA | Bearish | 0.00% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 0.00% | |
| Outside Day | Range Expansion | 0.00% | |
| Crossed Above 20 DMA | Bullish | -2.61% | |
| Pocket Pivot | Bullish Swing Setup | -2.61% | |
| Gapped Up | Strength | -2.61% | |
| Inside Day | Range Contraction | -0.69% | |
| Gapped Up | Strength | -0.69% | |
| Fell Below 20 DMA | Bearish | 0.00% |
| Alert | Time |
|---|---|
| 10 DMA Support | about 4 hours ago |
| Fell Below 10 DMA | about 5 hours ago |
| Down 2 % | about 7 hours ago |
| Fell Below 20 DMA | about 9 hours ago |
| 20 DMA Support | about 9 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 07/25/2024
Patterson-UTI Energy, Inc. Description
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.
Classification
Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Acid Petroleum Oil Wells Drilling Rig Precision Drilling Fracturing Hydraulic Fracturing Drilling Services Contract Drilling Services Barnett Shale Pumping Services Natural Gas Assets Pressure Pumping Services
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 15.839 |
| 52 Week Low | 9.5929 |
| Average Volume | 7,134,060 |
| 200-Day Moving Average | 11.47 |
| 50-Day Moving Average | 10.65 |
| 20-Day Moving Average | 10.20 |
| 10-Day Moving Average | 10.13 |
| Average True Range | 0.32 |
| RSI (14) | 44.13 |
| ADX | 11.52 |
| +DI | 21.94 |
| -DI | 24.41 |
| Chandelier Exit (Long, 3 ATRs) | 10.08 |
| Chandelier Exit (Short, 3 ATRs) | 10.63 |
| Upper Bollinger Bands | 10.58 |
| Lower Bollinger Band | 9.82 |
| Percent B (%b) | 0.36 |
| BandWidth | 7.43 |
| MACD Line | -0.15 |
| MACD Signal Line | -0.19 |
| MACD Histogram | 0.0389 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 10.68 | ||||
| Resistance 3 (R3) | 10.74 | 10.60 | 10.58 | ||
| Resistance 2 (R2) | 10.60 | 10.45 | 10.57 | 10.54 | |
| Resistance 1 (R1) | 10.35 | 10.36 | 10.28 | 10.29 | 10.51 |
| Pivot Point | 10.21 | 10.21 | 10.18 | 10.18 | 10.21 |
| Support 1 (S1) | 9.96 | 10.06 | 9.89 | 9.90 | 9.67 |
| Support 2 (S2) | 9.82 | 9.97 | 9.79 | 9.64 | |
| Support 3 (S3) | 9.57 | 9.82 | 9.60 | ||
| Support 4 (S4) | 9.51 |
