|
|
|
|
Archive - 3/13/2026 - Sign In to see current Signals. |
Phillips 66 (PSX) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Phillips 66 (PSX). During the week, the PSX gained 6.78 points, or 4.09%, and closed at 172.74 on Friday, March 13, 2026. Weekly volume was 59% above average. 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 178.38 on March 12, 2026. PSX gained -87.37 points, or -96.00%, in 48 weeks. The price is now at the 6.46% 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 178.38 on March 12, 2026. PSX gained -51.22 points, or -40.28%, in 10 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 155.52 and resistance is at 179.54. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PSX weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 February 26, 2026 at 149.14 and reached 178.38 on March 12, 2026. PSX gained -29.24 points, or -19.61%, in 14 days. The price is now at the 19.29% retracement level.
Daily Technical Indicators: [See PSX daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since March 3, 2026. This is an indication that the short-term trend is up.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
12 |
| Industry |
Oil & Gas Refining & Marketing |
114 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
160.62 |
| Low Date |
03/10/2026 |
| High |
178.38 |
| High Date |
03/12/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
149.14 |
| Low Date |
02/26/2026 |
| High |
178.38 |
| High Date |
03/12/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
179.54 |
| Support |
155.52 |
| Low |
127.16 |
| Low Date |
12/29/2025 |
| High |
178.38 |
| High Date |
03/12/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
91.01 |
| Low Date |
04/09/2025 |
| High |
178.38 |
| High Date |
03/12/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
40.04 |
| Low Date |
03/18/2020 |
| High |
178.38 |
| High Date |
03/12/2026 |
|
|