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

As of 10 October 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 bearish signals from the KST and Bollinger Bands on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, suggesting mixed signals across different periods. The stock has underperformed significantly compared to the S&P 500, with a year-to-date return of -34.99% versus the S&P 500's 11.41%.