Here’s whether Patterson-UTI Energy Inc (PTEN) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bullish.
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Bullish
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+1.51% over 10 days); RSI 41 — healthy momentum range; strong 1-year return of +80.9%; 3-month momentum positive (+13.3%). Currently 12.2% off its 52-week high. Score: +7/7.
PTEN is in a confirmed uptrend, trading above both its 50-day ($11.44) and 200-day ($8.10) moving averages. An RSI of 41.0 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +80.9% compares to +22.9% for SPY (beat the market by 58.1%).
$10,000 invested 1 year ago→ $18,094 today
vs. S&P 500 (SPY) — same period beat market by 58.1%