Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Sidelines Mode (+55) - PTEN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PTEN
The long-term trend has been DOWN since Jun 4th, 2024 at 10.1800
The intermediate-term trend has been UP since Nov 6th, 2024 at 8.2600
The short-term trend has been DOWN since Nov 14th, 2024 at 8.2401
Smart Scan Analysis for PTEN
Based on our trend formula, PTEN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.110 | 8.230 | 8.045 | 8.135 | +0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.130 | 3839626 | 2024-11-20 15:59:23 |
| Year High | 25.03 | Year High Date | 2018-01-16 |
| Year Low | 13.89 | Year Low Date | 2018-10-24 |
| 52wk High | 12.65 | 52wk High Date | 2024-04-08 |
| 52wk Low | 7.375 | 52wk Low Date | 2024-11-01 |
| Year End Close | 18.63 | Average Volume | 9,269,401 |
| Shares Outstanding | 389,956 | Short Interest | 23,958,608 |
| % Institutional | 99 | Market Cap | 1,942M |
| Assets | 596,367,700M | Liabilities | 240,155,000M |
| P/E Ratio | 31.92 | Beta | 1.71 |
| Volatility | 60.97 |