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 0.412, suggesting PTEN is Strong Buy.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 8.556, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 7.431, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it Buy.

Technical Analysis for PTEN

Technical Sentiment Analysis for Patterson-UTI Energy Inc (PTEN) As of 2026-03-10, 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 77.627, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.412, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.938 and the Commodity Channel Index (CCI) at 193.348 further confirm a 1.18 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PTEN is trading above its 60-day moving average of $7.431 and above its 200-day long-term moving average of $6.334. Key price levels to watch include the immediate resistance at $9.721 and strong support at $8.016. A break above $9.721 could signal a bull continuation, while falling below $8.016 may test the next Fibonacci floor at $7.195.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	6.311	7.195	8.016	8.9	9.721	10.605	11.426
Fibonacci	7.195	7.847	8.249	8.9	9.552	9.954	10.605

Patterson-UTI Energy Inc (PTEN) Technical Indicators

2026-03-10

Name	Value
RSI_14	77.627
STOCHk_14_3_3	83.938
STOCHd_14_3_3	85.836
CCI_20	193.348
AO_5_34	0.857
MOM_10	1.18
MACD_12_26_9	0.412

Patterson-UTI Energy Inc (PTEN) Relative Strength Index (RSI) is 77.627, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) Stochastic Oscillator is 83.938, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) Stochastic RSI is 85.836, creating a Sell signal.

Patterson-UTI Energy Inc (PTEN) Commodity Channel Index (CCI) is 193.348, creating a Sell signal.

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

Patterson-UTI Energy Inc (PTEN) Momentum is 1.18, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) MACD is 0.412, creating a Buy signal.

Patterson-UTI Energy Inc (PTEN) Moving Average

2026-03-10

Period	Simple	Signal
MA_5	9.09	Buy
MA_10	8.836	Buy
MA_20	8.556	Buy
MA_60	7.431	Buy
MA_200	6.334	Buy
MA_250	6.4	Buy

Patterson-UTI Energy Inc (PTEN) 5-Day simple moving average is 9.09, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 10-Day simple moving average is 8.836, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 20-Day simple moving average is 8.556, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 60-Day simple moving average is 7.431, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 200-Day simple moving average is 6.334, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, making it a Buy.

Patterson-UTI Energy Inc (PTEN) 250-Day simple moving average is 6.4, while Patterson-UTI Energy Inc (PTEN) share price is $9.5, 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 5 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 8.016 and a major resistance level at 9.721. Traders also monitor the pivot point at 8.9 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 77.627. This indicates that the stock is in overbought 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 0.412, 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 $9.5, which is above its 200-day simple moving average of 6.334. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.