Phillips 66(PSX)
Auto-detected technical analysis for PSX · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
PSX just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
As long as price stays above $164.1, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $224.0 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
PSX is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a bullish pennant is and how to trade it →
Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.
Every completed pattern trade our nightly backtest found on PSX's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jun 12, 2026 @ $177.61 | Jul 9, 2026 @ $189.82 | Loss | +11.7% · -1.18R |
| Rising Wedge | Jun 9, 2026 @ $181.71 | Jun 18, 2026 @ $166.15 | Win | +10.1% · +2.47R |
| Triangle | Dec 10, 2025 @ $141.30 | Dec 18, 2025 @ $129.13 | Loss | +10.8% · -1.14R |
| Bullish Pennant | Jul 3, 2025 @ $127.33 | Dec 16, 2025 @ $131.78 | Win | +15.2% · +0.48R |
| Triangle | Apr 3, 2025 @ $117.46 | Apr 4, 2025 @ $106.47 | Win | +12.9% · +0.86R |
| Triangle | Mar 27, 2025 @ $125.22 | Apr 3, 2025 @ $111.91 | Win | +12.0% · +2.66R |
| Triangle | Mar 4, 2025 @ $123.85 | Apr 3, 2025 @ $114.46 | Win | +9.4% · +1.31R |
| Falling Wedge | Oct 1, 2024 @ $133.08 | Oct 24, 2024 @ $128.49 | Loss | +15.5% · -1.02R |
| Triangle | Jul 30, 2024 @ $143.67 | Aug 2, 2024 @ $133.76 | Loss | +7.6% · -1.30R |
| Rising Wedge | Mar 12, 2024 @ $150.53 | Mar 25, 2024 @ $156.46 | Win | +5.8% · +0.61R |
| Rising Wedge | Nov 28, 2023 @ $119.01 | Dec 12, 2023 @ $125.22 | Win | +6.2% · +0.73R |
| Triangle | Nov 17, 2023 @ $117.12 | Dec 12, 2023 @ $125.22 | Win | +9.9% · +1.23R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $179.43 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $213.49 — still about 1.0% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $216.00 | $216.08 | $210.27 | $211.41 |
| Jul 21, 2026 | $210.88 | $212.39 | $209.38 | $212.27 |
| Jul 20, 2026 | $206.07 | $211.05 | $206.07 | $208.80 |
| Jul 17, 2026 | $205.62 | $207.14 | $203.45 | $206.86 |
| Jul 16, 2026 | $198.31 | $202.72 | $197.62 | $201.32 |
| Jul 15, 2026 | $200.36 | $200.46 | $194.20 | $196.16 |
| Jul 14, 2026 | $200.00 | $201.66 | $198.46 | $201.45 |
| Jul 13, 2026 | $192.24 | $198.58 | $191.12 | $198.29 |
| Jul 10, 2026 | $191.84 | $193.04 | $186.09 | $188.36 |
| Jul 9, 2026 | $188.98 | $190.66 | $187.22 | $189.82 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.