Patterson-UTI Energy (PTEN, $5.52) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 30, 2025

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PTEN - Patterson-UTI Energy
MACD signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $5.52
Daily change: -$0.13 (-2.3%)
Daily volume: 18M
Capitalization: $2.1B
Industry: Contract Drilling

This is a Bearish indicator signaling PTEN's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 42 similar cases where PTEN's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 81%.