Patterson-UTI Energy (Germany) Overlap Studies Bollinger Bands

PE1 Stock  EUR 8.00  0.05  0.62%   
Patterson-UTI Energy overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Patterson-UTI Energy. Patterson-UTI Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Patterson-UTI Energy overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Patterson-UTI Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Patterson UTI Energy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Patterson-UTI Energy Technical Analysis Modules

Most technical analysis of Patterson-UTI Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Patterson-UTI from various momentum indicators to cycle indicators. When you analyze Patterson-UTI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Patterson-UTI Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Patterson UTI Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Patterson UTI Energy based on widely used predictive technical indicators. In general, we focus on analyzing Patterson-UTI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Patterson-UTI Energy's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Patterson-UTI Energy's intrinsic value. In addition to deriving basic predictive indicators for Patterson-UTI Energy, we also check how macroeconomic factors affect Patterson-UTI Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.188.0010.82
Details
Intrinsic
Valuation
LowRealHigh
4.887.7010.52
Details
Naive
Forecast
LowNextHigh
5.097.9110.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.467.888.31
Details

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Additional Information and Resources on Investing in Patterson-UTI Stock

When determining whether Patterson UTI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson-UTI Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Uti Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Uti Energy Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson UTI Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Patterson-UTI Stock please use our How to Invest in Patterson-UTI Energy guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Patterson-UTI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson-UTI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson-UTI Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.