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Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2025.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Weak Downtrend (-65) - PTEN is showing signs of a strengthening downtrend. Monitor PTEN as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for PTEN
The long-term trend has been UP since Jan 14th, 2025 at 8.91
The intermediate-term trend has been DOWN since Jan 27th, 2025 at 8.42
The short-term trend has been DOWN since Jan 22nd, 2025 at 9.11
Smart Scan Analysis for PTEN
Based on our trend formula, PTEN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.230 | 8.400 | 8.200 | 8.235 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.280 | 5243000 | 2025-01-29 14:27:14 |
| 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 | 7.15 | 52wk Low Date | 2024-12-20 |
| Year End Close | 18.63 | Average Volume | 7,996,130 |
| 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 |