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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 2 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 5 TA indicator(s) are bullish.
PTEN (@Contract Drilling) experienced а -5.95% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Contract Drilling industry was -0.32%. For the same industry, the average monthly price growth was -6.46%, and the average quarterly price growth was +9.15%.
PTEN is expected to report earnings on Jul 25, 2024.
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 | 60 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 24 Undervalued | |
PROFIT vs RISK RATING 1..100 | 100 | |
SMR RATING 1..100 | 80 | |
PRICE GROWTH RATING 1..100 | 61 | |
P/E GROWTH RATING 1..100 | 24 | |
SEASONALITY SCORE 1..100 | 85 |
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 (%) | 2 days ago81% | 2 days ago76% |
Stochastic ODDS (%) | 2 days ago79% | 2 days ago45% |
Momentum ODDS (%) | 2 days ago78% | 2 days ago65% |
MACD ODDS (%) | 2 days ago81% | 2 days ago58% |
TrendWeek ODDS (%) | 2 days ago82% | 2 days ago57% |
TrendMonth ODDS (%) | 2 days ago84% | 2 days ago52% |
Advances ODDS (%) | 15 days ago78% | 2 days ago57% |
Declines ODDS (%) | 3 days ago79% | 9 days ago57% |
BollingerBands ODDS (%) | 2 days ago79% | 2 days ago72% |
Aroon ODDS (%) | 2 days ago71% | 2 days ago59% |
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 82% 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% | +0.86% | ||
HP - PTEN | 82% Closely correlated | -0.99% | ||
NBR - PTEN | 79% Closely correlated | -0.89% | ||
PDS - PTEN | 69% Closely correlated | +1.54% | ||
DO - PTEN | 55% Loosely correlated | +2.03% | ||
RIG - PTEN | 50% Loosely correlated | +1.90% | ||
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