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(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 2024-07-30 View latest technical analysis

10 day averaged volume of Patterson Uti is 9089746

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	10.65	10.13	10.70	10.09	0.951 times
29 Mon Jul 2024	10.17	10.36	10.47	10.13	0.598 times
26 Fri Jul 2024	10.43	10.41	10.57	10.14	1.153 times
25 Thu Jul 2024	10.44	10.04	10.52	9.75	1.444 times
24 Wed Jul 2024	9.93	10.19	10.34	9.91	1.179 times
23 Tue Jul 2024	10.18	10.17	10.22	10.00	0.997 times
22 Mon Jul 2024	10.22	10.42	10.46	10.16	0.889 times
19 Fri Jul 2024	10.38	10.35	10.49	10.23	0.924 times
18 Thu Jul 2024	10.71	11.04	11.11	10.70	0.799 times
17 Wed Jul 2024	11.00	10.87	11.27	10.87	0.95 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.6, but if it comes below 10.6, then a intra day sell could be more profitable.
If you take a sell trade below 10.6, then use 10.6 as stoploss and 10.27 as target. However if you take a buy trade in stock , then use 10.6 as stoploss and 11 as target.

Share price targets for Patterson Uti (PTEN)

Target Type	Value
Downside Target	9.51
Downside Target	10.09
Upside Target	10.70
Upside Target	10.78
Upside Target	11.03
Upside Target	11.06
Upside Target	11.27
Upside Target	11.69
Upside Target	12.33
Upside Target	12.65

Intraday share price targets for Patterson Uti (PTEN)

Target Type	Value
Downside Intraday Target	10.26
Downside Intraday Target	9.87
Upside Intraday Target	10.87
Upside Intraday Target	11.09
Downside Intraday Target	10.48

Weekly technical analysis of Patterson Uti (PTEN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	10.65	10.36	10.70	10.09	0.274 times
26 Fri Jul 2024	10.43	10.42	10.57	9.75	1.186 times
19 Fri Jul 2024	10.38	10.26	11.27	10.11	1.415 times
12 Fri Jul 2024	10.25	9.93	10.38	9.51	3.374 times
05 Fri Jul 2024	9.91	10.11	10.24	9.87	0.588 times

Price has moved up 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 Tue Jul 2024	10.65	10.41	11.27	9.51	0.924 times
28 Fri Jun 2024	10.36	11.03	11.03	9.68	1.356 times
31 Fri May 2024	11.02	10.82	11.69	10.18	1.032 times
30 Tue Apr 2024	10.82	11.96	12.65	10.78	0.983 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Patterson Uti ( (PTEN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Patterson Uti ( (PTEN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Patterson Uti in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Patterson Uti Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Patterson Uti in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 10.41 and Patterson Uti (PTEN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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