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50 Day Moving Average Resistance appears for PTEN after 3.59% move

Patterson-UTI Energy, Inc. (PTEN) Technical Analysis, Stock Scans & Trading Signals · Jul 23, 2026, 17:40 ET
On Thursday, July 23rd, PTEN moved down 3.59% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance, Evening Star, Stochastic Sell Signal, Upper Bollinger Band Walk & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 10.1, 9.87 & 9.41, with resistance at 10.8, 11.26 & 11.49. Slow Stochastic readings suggest the stock is currently overbought.

Current SwingTradeBot Technical Rating of PTEN: B

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Patterson-UTI Energy, Inc. (PTEN)