|
|
|
|
Archive
- 2/27/2026 -
Sign In to see current Signals. |
Phillips 66 (PSX) Technical Analysis
|
 |
| 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 -1.42 points, or -0.91%, and closed at 154.33 on Friday, February 27, 2026. PSX was trading at average weekly trading volume.
PSX is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See PSX long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 91.01 and reached 163.79 on February 12, 2026. PSX gained -72.78 points, or -79.97%, in 44 weeks. The price is now at the 13.00% retracement level.
 Medium-term trend: [See PSX medium-term trend chart]
A medium-term uptrend had started on December 29, 2025 at 127.16 and reached 163.79 on February 12, 2026. PSX gained -36.63 points, or -28.81%, in 6 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (157.05) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.
 Weekly Technical Indicators: [See PSX weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 Lane's Stochastic help.
The weekly MACD line is above its signal line since January 23, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See PSX short-term trend chart]
A short-term downtrend had started on February 12, 2026 at 163.79 and reached 149.14 on February 26, 2026. PSX lost 14.65 points, or 8.94%, in 14 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 148.39 and resistance is at 156.41. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
 Daily Technical Indicators: [See PSX daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 19, 2026. This is an indication that the short-term trend is down.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
12 |
| Industry |
Oil & Gas Refining & Marketing |
89 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
149.14 |
| Low Date |
02/26/2026 |
| High |
154.33 |
| High Date |
02/27/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
156.41 |
| Support |
148.39 |
| High |
163.79 |
| High Date |
02/12/2026 |
| Low |
149.14 |
| Low Date |
02/26/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
170.96 |
| Support |
157.05 |
| Low |
127.16 |
| Low Date |
12/29/2025 |
| High |
163.79 |
| High Date |
02/12/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
91.01 |
| Low Date |
04/09/2025 |
| High |
163.79 |
| High Date |
02/12/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
40.04 |
| Low Date |
03/18/2020 |
| High |
174.08 |
| High Date |
04/05/2024 |
|
|