Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PTEN) Patterson Uti complete technical analysis [charts+indicators] | Buy/Sell Patterson Uti | (PTEN) share price targets

Complete technical analysis of Patterson Uti (PTEN) by charts plus indicators, forecast predictions and share price targets for Patterson Uti (PTEN)

Patterson Uti trades in USA in Energy sector.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Patterson Uti is 4905315

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	10.58	10.52	10.67	10.52	0.921 times
29 Wed May 2024	10.56	10.90	10.96	10.54	1.564 times
28 Tue May 2024	11.00	10.96	11.09	10.86	0.954 times
23 Thu May 2024	10.74	11.05	11.15	10.71	1.062 times
22 Wed May 2024	10.98	11.32	11.38	10.88	0.993 times
21 Tue May 2024	11.47	11.59	11.68	11.45	0.884 times
20 Mon May 2024	11.60	11.37	11.69	11.30	1.058 times
17 Fri May 2024	11.31	11.12	11.41	11.02	1.149 times
16 Thu May 2024	11.06	11.03	11.11	10.97	0.923 times
15 Wed May 2024	11.02	11.01	11.07	10.74	0.784 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.7, but if it comes above 10.7, then a intra day buy could be more profitable.
If you take a sell trade below 10.7, then use 10.7 as stoploss and 10.3 as target. However if you take a buy trade in stock , then use 10.7 as stoploss and 10.94 as target.

Share price targets for Patterson Uti (PTEN)

Target Type	Value
Downside Target	9.73
Downside Target	10.02
Downside Target	10.52
Upside Target	11.06
Upside Target	11.33
Upside Target	11.41
Upside Target	11.64
Upside Target	11.69
Upside Target	12.24
Upside Target	12.33
Upside Target	12.65

Intraday share price targets for Patterson Uti (PTEN)

Target Type	Value
Downside Intraday Target	10.37
Downside Intraday Target	10.16
Upside Intraday Target	10.94
Upside Intraday Target	11.3
Upside Intraday Target	10.73

Weekly technical analysis of Patterson Uti (PTEN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	10.58	10.96	11.09	10.52	0.861 times
23 Thu May 2024	10.74	11.37	11.69	10.71	0.846 times
17 Fri May 2024	11.31	11.00	11.41	10.74	0.691 times
10 Fri May 2024	10.89	10.73	11.29	10.72	0.789 times
03 Fri May 2024	10.68	11.22	11.33	10.18	1.461 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Patterson Uti (PTEN)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	10.58	10.82	11.69	10.18	0.964 times
30 Tue Apr 2024	10.82	11.96	12.65	10.78	0.983 times
28 Thu Mar 2024	11.94	11.63	12.33	11.06	0.876 times
29 Thu Feb 2024	11.57	11.12	12.24	10.02	1.041 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Patterson Uti (PTEN)

Price action analysis of Patterson Uti ( (PTEN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Patterson Uti ( (PTEN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Patterson Uti ( (PTEN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Patterson Uti stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Patterson Uti in short term and the sell signal is strong.

Patterson Uti Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Patterson Uti in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Patterson Uti is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.01 and Patterson Uti (PTEN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Patterson Uti (PTEN) stock. Volume based technical analysis of Patterson Uti (PTEN) stock is negative.

Patterson Uti Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.