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Archive - 7/24/2026 - Sign In to see current Signals. |
Phillips 66 (PSX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Phillips 66 (PSX). During the week, the PSX gave back -0.09 points, or -0.04%, and closed at 206.77 on Friday, July 24, 2026. Weekly volume was -6% below average.
Long-term trend: [See PSX long-term trend chart] A long-term uptrend had started on April 9, 2025 at 91.01 and reached 216.08 on July 22, 2026. PSX gained -125.07 points, or -137.42%, in 67 weeks. The price is now at the 7.44% retracement level.
Medium-term trend: [See PSX medium-term trend chart] A medium-term uptrend had started on April 17, 2026 at 153.58 and reached 216.08 on July 22, 2026. PSX gained -62.50 points, or -40.70%, in 13 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The uptrend resistance line (164.24) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See PSX weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since July 10, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See PSX short-term trend chart] A short-term uptrend had started on June 18, 2026 at 164.10 and reached 216.08 on July 22, 2026. PSX gained -51.98 points, or -31.68%, in 34 days. The price is now at the 17.91% retracement level.
Daily Technical Indicators: [See PSX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since July 1, 2026. This is an indication that the short-term trend is up. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 113.00% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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