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Crossed Above 50 Day Moving Average appears for PTEN after 6.4% move

Patterson-UTI Energy, Inc. (PTEN) — SwingTradeBot Technical Analysis Report · Jul 31, 2026, 17:47 ET
On Friday, July 31st, PTEN moved up 6.4% while volume increased to 1.4× the usual levels. Multiple bullish signals emerged — Crossed Above 50 DMA and Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 10.18, 9.88 & 9.71, with resistance at 10.65, 10.82 & 11.12.

Current SwingTradeBot Technical Rating of PTEN: B

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Patterson-UTI Energy, Inc. (PTEN)