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PTEN forms Directional Movement Crossover Bullish on July 20

Patterson-UTI Energy, Inc. (PTEN) — Daily Technical Analysis & Swing Trading Signals · Jul 20, 2026, 19:59 ET
PTEN finished higher by 0.8% on Monday, July 20th, trading 0.9 times its typical volume. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 9.91, 9.72 & 9.52, with resistance at 10.29, 10.49 & 10.68. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of PTEN: A

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Patterson-UTI Energy, Inc. (PTEN)