PHILLIPS 66 (PSX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PSX - US7185461040 - Common Stock
134.13 USD
+0.93 (+0.7%)
134.13 USD
0 (0%)
Taking everything into account, PSX scores 5 out of 10 in our technical rating. In the last year, PSX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month PSX has a been trading in the 130.63 - 143.25 range, which is quite wide. It is currently trading near the lows of this range.
PSX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PSX is lagging the market slightly.
PSX has an average volume of 2570160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, PSX outperforms 48% of them, which is more or less in line with the market.
PSX is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, PSX did better than 57% of them.
Although the technical rating is only medium, PSX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
117.18
143.75
4 important support areas can be observed.
- A support zone ranging from 132.74 to 133.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 129.69 to 130.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @127.36 from a trend line in the daily time frame.
- A support zone ranging from 118.36 to 119.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 134.37 to 136.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @139.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 142.21 to 142.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PSX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSX is down. |
| ChartMill Relative Strength | 48.63 | NEUTRAL | PSX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PSX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.43 | NEUTRAL | The RSI value for PSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests PSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.11 | NEUTRAL | The Stochastics value for PSX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for PSX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.36 | NEGATIVE | The low ADX value for PSX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
134.13
+0.93 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.7%
1 Week-3.09%
2 Weeks-4.77%
1 Month0.35%
3 Month0.41%
6 Month18.2%
12 Month0.11%
2 Year4.07%
3 Year23.69%
5 Year121.41%
10 Year46.54%
15 YearN/A
Volatility
ATR(14)4.15
ATR(20)%3.19%
ATR Inc-14.2%
Range Today3.56
ADR(20)3.92
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.63
3 months CRS49.24
6 months CRS77.14
Mansfield-0.12
10 Day High143.25
10 Day Low130.63
20 Day High143.25
20 Day Low130.63
52 Week High143.25
52 Week Low91.01
CS1 End133.38
CR1 Start134.37
Volume & EV
DER(3)-0.61%
DER(5)-1.2%
Volume1.79M
Volume Incr-1.28%
Vol(5)2.43M
Vol(50)2.57M
PHILLIPS 66 / PSX FAQ
What is the ChartMill technical rating of PHILLIPS 66 (PSX) stock?
ChartMill assigns a technical rating of 5 / 10 to PSX.
Can you provide the trend direction for PHILLIPS 66?
The current trend direction for PHILLIPS 66 (PSX) is Bullish.
Can you provide the RSI signal for PHILLIPS 66?
PHILLIPS 66 (PSX) has an RSI value of 47.4308. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PHILLIPS 66?
The short term momentum for PHILLIPS 66 (PSX) is negative.
What is the buy/sell signal for PHILLIPS 66 (PSX) stock?
The buy/sell signal for PHILLIPS 66 (PSX) is hold as the short term and long term trends are mixed.