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: Neutral.
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Neutral
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); strong 1-year return of +102.7%. Concerns: 50-day MA is falling (-2.49% over 10 days); 3-month momentum negative (-8.4%). Currently 13.1% off its 52-week high. Score: +2/7.
PTEN is in a confirmed uptrend, trading above both its 50-day ($10.19) and 200-day ($9.01) moving averages. An RSI of 69.6 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +102.7% compares to +20.4% for SPY (beat the market by 82.3%).
$10,000 invested 1 year ago→ $20,267 today
vs. S&P 500 (SPY) — same period beat market by 82.3%