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

Sep 20 2025 07:07 PM IST
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As of September 10, 2025, Patterson-UTI Energy, Inc. is in a bearish trend with weak strength indicators, mixed signals from MACD, and has underperformed the S&P 500 significantly with a year-to-date return of -33.05%.
As of 10 September 2025, the technical trend for Patterson-UTI Energy, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the daily moving averages and the overall bearish signals from Bollinger Bands and the monthly KST. The MACD shows a mildly bullish signal on the weekly timeframe but is bearish monthly, which adds to the mixed signals. The company has underperformed the S&P 500 significantly year-to-date, with a return of -33.05% compared to the S&P 500's 12.22%.
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