PHILLIPS 66 (PSX) Stock Technical Analysis
NYSE:PSX - New York Stock Exchange, Inc. - US7185461040 - Common Stock - Currency: USD
Overall PSX gets a technical rating of 2 out of 10. PSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, PSX is a bad performer in the overall market: 78% of all stocks are doing better.
PSX has an average volume of 3447910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PSX is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, PSX did better than 46% of them.
PSX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSX is lagging the market slightly.
In the last month PSX has a been trading in the 102.16 - 126.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PSX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
96.41
140.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 111.78 to 112.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @97.38 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 113.24 to 114.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 124.84 to 126.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 129.19 to 131.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.34 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PSX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSX is neutral. |
| ChartMill Relative Strength | 22.88 | NEGATIVE | PSX has a low relative strength, it was outperformed by 77.12% off all stocks 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) | DOWN | MIXED | The current price of PSX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.5 | NEUTRAL | The RSI value for PSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PSX has a negative trend. |
| Stochastics (14,3) | 37.1 | NEUTRAL | The Stochastics value for PSX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for PSX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for PSX suggests a possible start of a new 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)
113.13
+0.15 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.13%
1 Week-10.02%
2 Weeks1.99%
1 Month8.81%
3 Month-12.15%
6 Month-15.11%
12 Month-20.71%
2 Year23.49%
3 Year12.22%
5 Year44.56%
10 Year42.99%
15 YearN/A
Volatility
ATR(14)4.12
ATR(20)%3.36%
ATR Inc-24.96%
Range Today1.97
ADR(20)2.96
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.88
Mansfield-1.2
10 Day High126.69
10 Day Low109.75
20 Day High126.69
20 Day Low102.16
52 Week High150.12
52 Week Low91.01
CS1 End112.43
CR1 Start113.24
Volume & EV
DER(3)-0.45%
DER(5)-1.04%
Volume2.25M
Volume Incr25.73%
Vol(5)3.93M
Vol(50)3.45M