PATTERSON-UTI ENERGY INC (PTEN) Stock Technical Analysis
NASDAQ:PTEN - Nasdaq - US7034811015 - Common Stock - Currency: USD
Overall PTEN gets a technical rating of 0 out of 10. PTEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than PTEN.
PTEN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month PTEN has a been trading in the 5.12 - 8.74 range, which is quite wide. It is currently trading near the lows of this range.
PTEN has an average volume of 12145100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PTEN is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, PTEN did better than 40% of them.
PTEN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.01
9.53
When analyzing the resistance we notice 3 important areas.
- Resistance @8.12 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.61 to 8.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.44 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.76
Mansfield-2.63
10 Day High6.69
10 Day Low5.12
20 Day High8.74
20 Day Low5.12
52 Week High11.7
52 Week Low5.12
Performance
1 Week8.59%
2 Weeks-12.41%
1 Month-27.82%
3 Month-34.66%
6 Month-23.93%
12 Month-47.26%
2 Year-45.76%
3 Year-63.08%
5 Year64.5%
10 Year-72.84%
15 Year-60.35%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)39.58
LBB4.28
UBB8.61
6.07
+0.24 (+4.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg4.12%
1 Week8.59%
2 Weeks-12.41%
1 Month-27.82%
3 Month-34.66%
6 Month-23.93%
12 Month-47.26%
2 Year-45.76%
3 Year-63.08%
5 Year64.5%
10 Year-72.84%
15 Year-60.35%
Volatility
ATR(14)0.72
ATR(20)%9.49%
ATR Inc-51.28%
Range Today0.31
ADR(20)0.5
ADR(20)%8.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.76
Mansfield-2.63
10 Day High6.69
10 Day Low5.12
20 Day High8.74
20 Day Low5.12
52 Week High11.7
52 Week Low5.12
CS1 EndN/A
CR1 Start8.12
Volume & EV
DER(3)-2.94%
DER(5)-2.2%
Volume18.65M
Volume Incr0.18%
Vol(5)12.71M
Vol(50)12.15M