Patterson-UTI Energy (PTEN, $5.91) Moving Average Convergence Divergence (MACD) Histogram turned negative on July 31, 2025

#ContractDrilling, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap, #Russel2000
PTEN - Patterson-UTI Energy
MACD signal
Bearish Trend
77%
Odds of DOWN Trend
Price: $5.91
Daily change: -$0.19 (-3.11%)
Daily volume: 10.3M
Capitalization: $2.3B
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 44 similar cases where PTEN's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 77%.