PTEN Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Patterson-UTI Energy Inc (PTEN) Moving Averages Convergence Divergence (MACD) indicator is -0.315, suggesting PTEN is Sell.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 11.476, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it Sell.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 11.322, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it Sell.

Technical Analysis for PTEN

Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-06-18, Patterson-UTI Energy Inc (PTEN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 6 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PTEN stands at 34.049, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.315, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 5.569 and the Commodity Channel Index (CCI) at -207.439 further confirm a -2.23 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $11.322 and above its 200-day long-term moving average of $8.191. Key price levels to watch include the immediate resistance at $12.45 and strong support at $9.77. A break above $12.45 could signal a bull continuation, while falling below $9.77 may test the next Fibonacci floor at $8.405.

Patterson-UTI Energy Inc (PTEN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	7.09	8.405	9.77	11.085	12.45	13.765	15.13
Fibonacci	8.405	9.429	10.061	11.085	12.109	12.741	13.765

Patterson-UTI Energy Inc (PTEN) Technical Indicators

2026-06-18

Name	Value
RSI_14	34.049
STOCHk_14_3_3	5.569
STOCHd_14_3_3	7.26
CCI_20	-207.439
AO_5_34	-1.105
MOM_10	-2.23
MACD_12_26_9	-0.315

Patterson-UTI Energy Inc (PTEN) Relative Strength Index (RSI) is 34.049, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic Oscillator is 5.569, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Stochastic RSI is 7.26, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Commodity Channel Index (CCI) is -207.439, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Awesome Oscillator is -1.105, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) Momentum is -2.23, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) MACD is -0.315, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	10.568	Sell
MA_10	11.135	Sell
MA_20	11.476	Sell
MA_60	11.322	Sell
MA_200	8.191	Buy
MA_250	7.726	Buy

Patterson-UTI Energy Inc (PTEN) 5-Day simple moving average is 10.568, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 10-Day simple moving average is 11.135, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 11.476, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 11.322, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 200-Day simple moving average is 8.191, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 250-Day simple moving average is 7.726, while Patterson-UTI Energy Inc (PTEN) share price is $10.04, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for PTEN?

The overall technical consensus for Patterson-UTI Energy Inc (PTEN) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 sell signals.

What are the key support and resistance levels for Patterson-UTI Energy Inc (PTEN) today?

Based on pivot point calculations, Patterson-UTI Energy Inc (PTEN) has an immediate support level at 9.77 and a major resistance level at 12.45. Traders also monitor the pivot point at 11.085 to determine the intraday trend direction.

Is Patterson-UTI Energy Inc (PTEN) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Patterson-UTI Energy Inc (PTEN) is currently 34.049. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Patterson-UTI Energy Inc (PTEN)?

Patterson-UTI Energy Inc (PTEN) Moving Averages Convergence Divergence (MACD) indicator is -0.315, suggesting PTEN is Sell. This indicator helps identify potential trend reversals or momentum shifts for Patterson-UTI Energy Inc.

How is Patterson-UTI Energy Inc (PTEN) performing relative to its 200-day moving average?

Patterson-UTI Energy Inc (PTEN) is currently trading at $10.04, which is above its 200-day simple moving average of 8.191. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.