Auto-detected technical analysis for PSX · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$171.76last close · Jun 25, 2026
PSX Rising Wedge Pattern
No chart pattern is currently detected on PSX. The most recent was a Rising Wedge, detected Jun 11, 2026.
A Rising Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $160.66 (−11.7%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; PSX's own rising wedges have hit 47.1%.
PSX is in an open Rising Wedge setup — it broke down near $173.88, projecting a target near $161.16, with invalidation at $184.72.
How Rising Wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
PSX win rate
47.1%
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
PSX support and resistance levels
Price found a floor near $159.11 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $257.15 — still about 48% away.
Traders commonly watch $257.15 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the long would have set up at the $159.11 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $156.05, resistance near $187.73. These are chart/swing-derived levels, not formula pivots.
Resistance
$187.73$187.80$191.79
Support
$156.05
PSX recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$166.92
$173.03
$166.87
$171.76
Jun 24, 2026
$167.38
$170.25
$165.47
$168.64
Jun 23, 2026
$168.50
$171.81
$166.96
$170.34
Jun 22, 2026
$166.32
$169.14
$164.81
$168.41
Jun 18, 2026
$165.69
$167.00
$164.10
$166.14
Jun 17, 2026
$171.65
$171.94
$166.91
$167.17
Jun 16, 2026
$170.65
$173.04
$170.41
$172.00
Jun 15, 2026
$173.59
$174.50
$171.02
$173.26
Jun 12, 2026
$177.61
$181.87
$176.71
$179.45
Jun 11, 2026
$185.28
$185.75
$177.87
$178.10
PSX frequently asked questions
What chart pattern is PSX forming right now?
No pattern is currently detected on PSX. The most recent was a Rising Wedge, detected Jun 11, 2026.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on PSX is a bearish pattern, projecting a measured-move target of $160.66. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for PSX?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), PSX's nearest support is around $156.05 and nearest resistance around $187.73.
What is the price target if PSX's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $160.66 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PSX's closing price on Jun 25, 2026?
Phillips 66 (PSX) last closed at $171.76 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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