PHILLIPS 66 (PSX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PSX - US7185461040 - Common Stock
We assign a technical rating of 6 out of 10 to PSX. Although PSX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PSX has an average technical rating and also the quality of the setup is only medium 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.
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125.49
2 important support areas can be observed.
- A support zone ranging from 133.82 to 136.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 126.76 to 130.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 142.21 to 144.23. 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 | UP | POSITIVE | The short term trend for PSX is up. |
| ChartMill Relative Strength | 70.12 | POSITIVE | PSX has a high relative strength, it outperformed 70.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PSX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSX is above 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) | 55.27 | NEUTRAL | The RSI value for PSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests PSX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.18 | OVERBOUGHT | The high Stochastics value suggests PSX may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for PSX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.35 | POSITIVE | The high ADX value value for PSX suggests a strong trend. |
138.85
-3.31 (-2.33%)
PHILLIPS 66 / PSX FAQ
What is the ChartMill technical rating of PHILLIPS 66 (PSX) stock?
ChartMill assigns a technical rating of 6 / 10 to PSX.
What is the current trend direction of PHILLIPS 66 (PSX) stock?
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 55.2746. This indicates that the stock is currently neutral.
What is the short term momentum for PHILLIPS 66 (PSX) stock?
The short term momentum for PHILLIPS 66 (PSX) is positive.
What is the support and resistance level for PSX stock?
PHILLIPS 66 (PSX) has a support level at 136.23 and a resistance level at 142.21. Check the full technical report for our detailed analysis of PSX support and resistance levels.