Phillips 66PSX
Auto-detected technical analysis for PSX · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
PSX is currently forming a bullish pennant on the daily timeframe. Detected Aug 28, 2026.
A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $223.95 (+24.1%).
New to this pattern? What a bullish pennant is and how to trade it →
PSX's most recent completed rising wedge resolved as a loss: it broke down on Sep 22, 2026 near $254.73, then was stopped out at $277.12 on Oct 8, 2026 — a 8.8% move (-1.00R) over 12 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.
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 | Sep 22, 2026 @ $254.73 | Oct 8, 2026 @ $277.12 | Loss | +2.7% · -1.00R |
| Rising wedge | Sep 14, 2026 @ $255.26 | Sep 15, 2026 @ $265.43 | Loss | +8.9% · -1.00R |
| Triangle | Jun 8, 2026 @ $186.72 | Jun 10, 2026 @ $180.87 | Loss | +10.1% · -1.04R |
| Triangle | Jun 1, 2026 @ $180.99 | Jun 16, 2026 @ $170.65 | Loss | +18.3% · -1.55R |
| Rising wedge | Mar 12, 2026 @ $175.63 | Apr 2, 2026 @ $180.64 | Win | +6.9% · +0.33R |
| Rising wedge | Mar 12, 2026 @ $177.17 | Apr 2, 2026 @ $180.64 | Win | +8.8% · +0.21R |
| Triangle | Feb 2, 2026 @ $140.77 | Feb 3, 2026 @ $147.96 | Loss | +10.4% · -1.00R |
| Rising wedge | Jan 29, 2026 @ $147.67 | Feb 19, 2026 @ $158.21 | Win | +8.0% · +1.27R |
| Triangle | Dec 18, 2025 @ $128.13 | Jan 9, 2026 @ $144.96 | Loss | +8.5% · -1.00R |
| Triangle | Dec 10, 2025 @ $142.33 | Dec 17, 2025 @ $132.03 | Loss | +10.0% · -2.16R |
| Triangle | Nov 20, 2025 @ $131.97 | Dec 10, 2025 @ $143.25 | Loss | +8.2% · -1.00R |
| Rising wedge | Oct 7, 2025 @ $130.17 | Nov 11, 2025 @ $142.35 | Loss | +6.8% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $209.72 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $257.15 — still about 5% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $241.22 | $244.66 | $239.87 | $244.01 |
| Aug 27, 2026 | $242.53 | $244.65 | $237.13 | $239.81 |
| Aug 26, 2026 | $234.06 | $244.15 | $233.55 | $242.23 |
| Aug 25, 2026 | $239.50 | $242.00 | $236.56 | $236.90 |
| Aug 24, 2026 | $241.10 | $246.00 | $239.51 | $241.96 |
| Aug 21, 2026 | $240.28 | $244.47 | $240.00 | $242.87 |
| Aug 20, 2026 | $243.26 | $246.95 | $239.28 | $240.00 |
| Aug 19, 2026 | $244.24 | $244.73 | $240.22 | $242.29 |
| Aug 18, 2026 | $240.00 | $243.60 | $238.20 | $243.49 |
| Aug 17, 2026 | $234.50 | $240.67 | $232.96 | $240.55 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.