PHILLIPS 66 (PSX) Stock Technical Analysis
USA - NYSE:PSX - US7185461040 - Common Stock
128.36 USD
-1.21 (-0.93%)
128.5 USD
+0.14 (+0.11%)
Taking everything into account, PSX scores 3 out of 10 in our technical rating. In the last year, PSX was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
63% of all other stocks performed better in the past year than PSX.
PSX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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 2363090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
PSX is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, PSX did better than 58% of them.
PSX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
117.19
143.63
3 important support areas can be observed.
- Support @127.82 from a trend line in the daily time frame.
- Support @124.00 from a trend line in the daily time frame.
- A support zone ranging from 118.37 to 119.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 128.68 to 130.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 138.24 to 139.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @142.21 from a horizontal line in the weekly 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 | 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 | 37.71 | NEUTRAL | PSX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSX is below a declining 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) | 42.16 | NEUTRAL | The RSI value for PSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests PSX has a negative trend. |
| Stochastics (14,3) | 18.99 | OVERSOLD | The low Stochastics value suggests PSX may be oversold. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for PSX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | 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)
128.36
-1.21 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.93%
1 Week-2.08%
2 Weeks-4.88%
1 Month-2.28%
3 Month1.95%
6 Month29.53%
12 Month-3.2%
2 Year12.53%
3 Year23.08%
5 Year175.1%
10 Year44.14%
15 YearN/A
Volatility
ATR(14)3.5
ATR(20)%2.86%
ATR Inc-9.51%
Range Today2.97
ADR(20)3.56
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.71
Mansfield-0.42
10 Day High138.14
10 Day Low126.74
20 Day High142.35
20 Day Low126.74
52 Week High142.35
52 Week Low91.01
CS1 End127.82
CR1 Start128.68
Volume & EV
DER(3)-2.42%
DER(5)-2.75%
Volume2.16M
Volume Incr-35.6%
Vol(5)1.83M
Vol(50)2.36M