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Is PTEN compressing before expansion? NR7 shows up after rising 0.73%

Patterson-UTI Energy, Inc. (PTEN) — Nightly Technical Analysis · Aug 11, 2026, 17:36 ET
On Tuesday, August 11th, PTEN moved up 0.73% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 10.92, 10.77 & 10.69, with resistance at 11.16, 11.24 & 11.39.

Current SwingTradeBot Technical Rating of PTEN: A

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Patterson-UTI Energy, Inc. (PTEN)