Patterson-UTI Energy (PTEN) Technical Analysis: Signals, Charts & Indicators

4.74 / 10

Netural

Technical assessment is neutral (4.74/10). Long upper shadow and RSI overbought signal bullishness, but the Marubozu white pattern warns of weakness. Overall, technical cues are balanced and no clear direction emerges.

Analysis Checks(2/3)

Long Upper Shadow

Score6.05/10

Win Rate54.55%

Hist. Signals11

Avg Return2.63%

RSI Overbought

Score7.17/10

Win Rate60.00%

Hist. Signals20

Avg Return2.13%

Marubozu White

Score1/10

Win Rate33.33%

Hist. Signals3

Avg Return-1.11%

What is the current technical signals for PTEN?

PTEN presents a Netural setup with a Technical Score of 4.74/10. Key technical indicators highlight an RSI of 83.07 and a MACD of 0.12, with the trend anchored by the 50-Day SMA at 8.78. Traders should monitor key support at 11.02 and resistance at 11.43.