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Stock Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Patterson-UTI Energy, Inc (NASDAQ:PTEN)

Strong Downtrend (-100) - PTEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PTEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for PTEN.

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NASDAQ_PTEN
Open High Low PTEN Price Change
6.920 6.940 6.620 6.625 -0.695
Entry Signal

MarketClub’s Trade Triangles for PTEN

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 7.67

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 9.94

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 7.13

Smart Scan Analysis for PTEN

Based on our trend formula, PTEN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for PTEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.920 6.940 6.620 6.625 -0.695
Prev. Close Volume Bid Ask Time
10.080 3720025 2020-02-24 15:59:44
Year High25.03Year High Date2018-01-16
Year Low13.89Year Low Date2018-10-24
52wk High16.2752wk High Date2019-04-22
52wk Low7.6752wk Low Date2019-10-17
Year End Close18.63Average Volume3,470,556
Shares Outstanding194,542Short Interest23,958,608
% Institutional99Market Cap1,942M
Assets460,909,300MLiabilities166,610,700M
P/E Ratio29.3Beta1.71
Volatility60.97
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