Is Patterson-UTI Energy, Inc. technically bullish or bearish?

Jun 25 2025 08:17 AM IST
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As of June 10, 2025, Patterson-UTI Energy, Inc. exhibits a mildly bearish trend due to daily moving averages and weekly Bollinger Bands signaling bearishness, despite some mildly bullish indicators from the weekly MACD and KST, leading to a cautious outlook overall.
As of 10 June 2025, the technical trend for Patterson-UTI Energy, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing bearish signals. While the weekly MACD and KST are mildly bullish, they are countered by the monthly MACD and KST being bearish. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals suggest a cautious outlook with a slight bearish bias.
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