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 0.418, suggesting PTEN is Strong Buy.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 11.137, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 10.176, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it Buy.

Technical Analysis for PTEN

Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-05-08, Patterson-UTI Energy Inc (PTEN) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PTEN stands at 53.487, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.418, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 62.132 and the Commodity Channel Index (CCI) at 30.258 further confirm a 0.09 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $10.176 and above its 200-day long-term moving average of $7.346. Key price levels to watch include the immediate resistance at $12.65 and strong support at $11.11. A break above $12.65 could signal a bull continuation, while falling below $11.11 may test the next Fibonacci floor at $10.325.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	9.57	10.325	11.11	11.865	12.65	13.405	14.19
Fibonacci	10.325	10.913	11.277	11.865	12.453	12.817	13.405

Patterson-UTI Energy Inc (PTEN) Technical Indicators

2026-05-08

Name	Value
RSI_14	53.487
STOCHk_14_3_3	62.132
STOCHd_14_3_3	74.6
CCI_20	30.258
AO_5_34	0.857
MOM_10	0.09
MACD_12_26_9	0.418

Patterson-UTI Energy Inc (PTEN) Relative Strength Index (RSI) is 53.487, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic Oscillator is 62.132, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Stochastic RSI is 74.6, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Commodity Channel Index (CCI) is 30.258, creating a Neutral signal.

Patterson-UTI Energy Inc (PTEN) Awesome Oscillator is 0.857, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Momentum is 0.09, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) MACD is 0.418, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	11.822	Sell
MA_10	11.895	Sell
MA_20	11.137	Buy
MA_60	10.176	Buy
MA_200	7.346	Buy
MA_250	7.087	Buy

Patterson-UTI Energy Inc (PTEN) 5-Day simple moving average is 11.822, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 10-Day simple moving average is 11.895, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it a Sell.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 11.137, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 10.176, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 200-Day simple moving average is 7.346, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 250-Day simple moving average is 7.087, while Patterson-UTI Energy Inc (PTEN) share price is $11.42, 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 11.11 and a major resistance level at 12.65. Traders also monitor the pivot point at 11.865 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 53.487. 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 0.418, 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 $11.42, which is above its 200-day simple moving average of 7.346. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.