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Oil & Gas Refining & Marketing Industry Stocks Technical Analysis - PSXArchive - 6/12/2026 - 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 dropped -3.63 points, or -1.98%, and closed at 179.45 on Friday, June 12, 2026. Weekly volume was -23% below 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 190.61 on March 30, 2026. PSX gained -99.60 points, or -109.44%, in 50 weeks. The price is now at the 11.20% 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 188.00 on June 8, 2026. PSX gained -34.42 points, or -22.41%, in 7 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See PSX weekly technical indicators chart] Weekly technical indicators are neutral. 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 low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 June 8, 2026 at 188.00 and reached 176.71 on June 12, 2026. PSX lost 11.29 points, or 6.01%, in 4 days. Price is near the Fibonacci 23.6% retracement level.
Daily Technical Indicators: [See PSX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
Candlestick pattern: [See PSX candlestick chart pattern] On Friday the chart has formed a Bearish Thrusting Candlestick pattern. This pattern occurs in a downtrend and it shows a rally failure in a down market. This is a weak continuation pattern. The reliability of the Bearish Thrusting pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Thrusting Candlestick pattern during the last week.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
10 |
| Industry |
Oil & Gas Refining & Marketing |
106 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
188.00 |
| High Date |
06/08/2026 |
| Low |
176.71 |
| Low Date |
06/12/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
188.00 |
| High Date |
06/08/2026 |
| Low |
176.71 |
| Low Date |
06/12/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
153.58 |
| Low Date |
04/17/2026 |
| High |
188.00 |
| High Date |
06/08/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
91.01 |
| Low Date |
04/09/2025 |
| High |
190.61 |
| High Date |
03/30/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
40.04 |
| Low Date |
03/18/2020 |
| High |
190.61 |
| High Date |
03/30/2026 |
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