


Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-07-08, Patterson-UTI Energy Inc (PTEN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 5 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 44.686, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.642, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 29.394 and the Commodity Channel Index (CCI) at -34.876 further confirm a -0.37 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $11.052 and above its 200-day long-term moving average of $8.42. Key price levels to watch include the immediate resistance at $9.9 and strong support at $8.525. A break above $9.9 could signal a bull continuation, while falling below $8.525 may test the next Fibonacci floor at $7.825.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 7.15 | 7.825 | 8.525 | 9.2 | 9.9 | 10.575 | 11.275 |
| Fibonacci | 7.825 | 8.35 | 8.675 | 9.2 | 9.725 | 10.05 | 10.575 |
2026-07-08
| Name | Value |
|---|---|
| RSI_14 | 44.686 |
| STOCHk_14_3_3 | 29.394 |
| STOCHd_14_3_3 | 14.647 |
| CCI_20 | -34.876 |
| AO_5_34 | -1.876 |
| MOM_10 | -0.37 |
| MACD_12_26_9 | -0.642 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 8.928 | Buy |
| MA_10 | 9.225 | Buy |
| MA_20 | 10.023 | Sell |
| MA_60 | 11.052 | Sell |
| MA_200 | 8.42 | Buy |
| MA_250 | 7.882 | Buy |