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 0.134, suggesting PTEN is Strong Buy.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 12.002, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it Sell.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 11.03, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it Buy.

Technical Analysis for PTEN

Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-05-29, Patterson-UTI Energy Inc (PTEN) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PTEN stands at 43.11, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.134, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.24 and the Commodity Channel Index (CCI) at -151.743 further confirm a -0.91 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $11.03 and above its 200-day long-term moving average of $7.788. Key price levels to watch include the immediate resistance at $13.127 and strong support at $11.007. A break above $13.127 could signal a bull continuation, while falling below $11.007 may test the next Fibonacci floor at $9.924.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	8.887	9.924	11.007	12.044	13.127	14.164	15.247
Fibonacci	9.924	10.734	11.234	12.044	12.854	13.354	14.164

Patterson-UTI Energy Inc (PTEN) Technical Indicators

2026-05-29

Name	Value
RSI_14	43.11
STOCHk_14_3_3	11.24
STOCHd_14_3_3	26.794
CCI_20	-151.743
AO_5_34	0.279
MOM_10	-0.91
MACD_12_26_9	0.134

Patterson-UTI Energy Inc (PTEN) Relative Strength Index (RSI) is 43.11, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic Oscillator is 11.24, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Stochastic RSI is 26.794, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Commodity Channel Index (CCI) is -151.743, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Awesome Oscillator is 0.279, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Momentum is -0.91, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) MACD is 0.134, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	11.684	Sell
MA_10	12.091	Sell
MA_20	12.002	Sell
MA_60	11.03	Buy
MA_200	7.788	Buy
MA_250	7.432	Buy

Patterson-UTI Energy Inc (PTEN) 5-Day simple moving average is 11.684, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 10-Day simple moving average is 12.091, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 12.002, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 11.03, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 200-Day simple moving average is 7.788, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 250-Day simple moving average is 7.432, while Patterson-UTI Energy Inc (PTEN) share price is $11.21, 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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 buy signals and 2 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 11.007 and a major resistance level at 13.127. Traders also monitor the pivot point at 12.044 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 43.11. 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 0.134, suggesting PTEN is Strong Buy. 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 $11.21, which is above its 200-day simple moving average of 7.788. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.