It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
PTEN’s FA Score shows that 1 FA rating(s) are green while.
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
PTEN’s TA Score shows that 3 TA indicator(s) are bullish.
PTEN (@Contract Drilling) experienced а +4.63% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Contract Drilling industry was -2.17%. For the same industry, the average monthly price growth was -9.87%, and the average quarterly price growth was -14.84%.
PTEN is expected to report earnings on Feb 06, 2025.
The contract drilling industry includes companies that provide onshore and offshore drilling services to the energy sector. Services are delivered on a contractual or per-fee basis. Customers of this industry include major and independent oil and gas companies. Strong oil demand could potentially boost contract fees. Helmerich & Payne, Inc., Transocean Ltd and Patterson-UTI Energy, Inc. are among the major drilling companies in the U.S.
PTEN | ||
---|---|---|
OUTLOOK RATING 1..100 | 62 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 55 Fair valued | |
PROFIT vs RISK RATING 1..100 | 100 | |
SMR RATING 1..100 | 95 | |
PRICE GROWTH RATING 1..100 | 79 | |
P/E GROWTH RATING 1..100 | 2 | |
SEASONALITY SCORE 1..100 | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
PTEN | USHY | |
---|---|---|
RSI ODDS (%) | N/A | 3 days ago83% |
Stochastic ODDS (%) | 3 days ago80% | 3 days ago71% |
Momentum ODDS (%) | 3 days ago80% | 3 days ago40% |
MACD ODDS (%) | 3 days ago85% | 3 days ago49% |
TrendWeek ODDS (%) | 3 days ago78% | 3 days ago54% |
TrendMonth ODDS (%) | 3 days ago86% | 3 days ago56% |
Advances ODDS (%) | 7 days ago77% | 28 days ago62% |
Declines ODDS (%) | 9 days ago82% | 8 days ago56% |
BollingerBands ODDS (%) | 3 days ago84% | 3 days ago72% |
Aroon ODDS (%) | 3 days ago86% | 3 days ago58% |
1 Day | |||
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A.I.dvisor indicates that over the last year, PTEN has been closely correlated with HP. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTEN jumps, then HP could also see price increases.
Ticker / NAME | Correlation To PTEN | 1D Price Change % | ||
---|---|---|---|---|
PTEN | 100% | +2.13% | ||
HP - PTEN | 81% Closely correlated | +0.72% | ||
NBR - PTEN | 74% Closely correlated | N/A | ||
PDS - PTEN | 66% Closely correlated | +0.86% | ||
NE - PTEN | 65% Loosely correlated | +1.34% | ||
SDRL - PTEN | 58% Loosely correlated | +0.78% | ||
More |
A.I.dvisor tells us that USHY and SM have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that USHY and SM's prices will move in lockstep.
Ticker / NAME | Correlation To USHY | 1D Price Change % | ||
---|---|---|---|---|
USHY | 100% | +0.20% | ||
SM - USHY | 26% Poorly correlated | +1.05% | ||
PTEN - USHY | 20% Poorly correlated | +2.13% |