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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.316, suggesting PTEN.O is Strong buy.

Patterson-UTI Energy Inc (PTEN.O) 20-Day simple moving average is 6.954, while Patterson-UTI Energy Inc (PTEN.O) share price is $7.33, making it Buy.

Patterson-UTI Energy Inc (PTEN.O) 60-Day simple moving average is 6.315, while Patterson-UTI Energy Inc (PTEN.O) share price is $7.33, making it Buy.

Technical Analysis for PTEN

Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-01-28, 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 65.293, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.316, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.45 and the Commodity Channel Index (CCI) at 78.493 further confirm a 0.18 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $6.315 and above its 200-day long-term moving average of $5.987. Key price levels to watch include the immediate resistance at $7.648 and strong support at $6.938. A break above $7.648 could signal a bull continuation, while falling below $6.938 may test the next Fibonacci floor at $6.612.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	6.228	6.612	6.938	7.322	7.648	8.032	8.358
Fibonacci	6.612	6.883	7.05	7.322	7.593	7.76	8.032

Patterson-UTI Energy Inc (PTEN) Technical Indicators

2026-01-28

Name	Value
RSI_14	65.293
STOCHk_14_3_3	70.45
STOCHd_14_3_3	72.341
CCI_20	78.493
AO_5_34	0.833
MOM_10	0.18
MACD_12_26_9	0.316

Patterson-UTI Energy Inc (PTEN) Relative Strength Index (RSI) is 65.293, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic Oscillator is 70.45, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic RSI is 72.341, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Commodity Channel Index (CCI) is 78.493, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Awesome Oscillator is 0.833, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Momentum is 0.18, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) MACD is 0.316, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Moving Average

2026-01-28

Period	Simple	Signal
MA_5	7.362	Sell
MA_10	7.265	Buy
MA_20	6.954	Buy
MA_60	6.315	Buy
MA_200	5.987	Buy
MA_250	6.375	Buy

Patterson-UTI Energy Inc (PTEN) 5-Day simple moving average is 7.362, while Patterson-UTI Energy Inc (PTEN) share price is $7.33, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 10-Day simple moving average is 7.265, while Patterson-UTI Energy Inc (PTEN) share price is $7.33, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 6.954, while Patterson-UTI Energy Inc (PTEN) share price is $7.33, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 6.315, while Patterson-UTI Energy Inc (PTEN) share price is $7.33, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 200-Day simple moving average is 5.987, while Patterson-UTI Energy Inc (PTEN) share price is $7.33, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 250-Day simple moving average is 6.375, while Patterson-UTI Energy Inc (PTEN) share price is $7.33, 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 3 buy signals and 1 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 6.938 and a major resistance level at 7.648. Traders also monitor the pivot point at 7.322 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 65.293. 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 0.316, 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 $7.33, which is above its 200-day simple moving average of 5.987. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.