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 0.365, suggesting PTEN is Strong Buy.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 7.863, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 6.793, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it Buy.

Technical Analysis for PTEN

Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-02-18, Patterson-UTI Energy Inc (PTEN) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PTEN stands at 59.774, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.365, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 51.057 and the Commodity Channel Index (CCI) at 45.222 further confirm a 0.34 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $6.793 and above its 200-day long-term moving average of $6.14. Key price levels to watch include the immediate resistance at $8.87 and strong support at $7.69. A break above $8.87 could signal a bull continuation, while falling below $7.69 may test the next Fibonacci floor at $7.118.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	6.51	7.118	7.69	8.298	8.87	9.478	10.05
Fibonacci	7.118	7.568	7.847	8.298	8.748	9.027	9.478

Patterson-UTI Energy Inc (PTEN) Technical Indicators

2026-02-18

Name	Value
RSI_14	59.774
STOCHk_14_3_3	51.057
STOCHd_14_3_3	55.368
CCI_20	45.222
AO_5_34	0.782
MOM_10	0.34
MACD_12_26_9	0.365

Patterson-UTI Energy Inc (PTEN) Relative Strength Index (RSI) is 59.774, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic Oscillator is 51.057, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic RSI is 55.368, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Commodity Channel Index (CCI) is 45.222, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Awesome Oscillator is 0.782, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Momentum is 0.34, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) MACD is 0.365, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Moving Average

2026-02-18

Period	Simple	Signal
MA_5	8.176	Sell
MA_10	8.263	Sell
MA_20	7.863	Buy
MA_60	6.793	Buy
MA_200	6.14	Buy
MA_250	6.35	Buy

Patterson-UTI Energy Inc (PTEN) 5-Day simple moving average is 8.176, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 10-Day simple moving average is 8.263, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 7.863, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 6.793, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 200-Day simple moving average is 6.14, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 250-Day simple moving average is 6.35, while Patterson-UTI Energy Inc (PTEN) share price is $8.15, 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 4 buy signals and 0 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 7.69 and a major resistance level at 8.87. Traders also monitor the pivot point at 8.298 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 59.774. 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 0.365, 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 $8.15, which is above its 200-day simple moving average of 6.14. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.