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(PSXP) Phillips 66 complete technical analysis [charts+indicators] | Buy/Sell Phillips 66 | (PSXP) share price targets

Complete technical analysis of Phillips 66 (PSXP) by charts plus indicators, forecast predictions and share price targets for Phillips 66 (PSXP)

Phillips 66 trades in USA in Energy sector.

10 day averaged volume of Phillips 66 is 1066680

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 32.01 30.51 33.49 30.46 2.817 times
08 Thu Apr 2021 30.45 29.71 30.45 29.16 1.282 times
07 Wed Apr 2021 30.05 30.80 30.80 29.50 1.496 times
06 Tue Apr 2021 30.92 32.40 32.69 30.64 1.42 times
05 Mon Apr 2021 32.57 33.17 33.39 31.81 0.87 times
01 Thu Apr 2021 33.18 31.80 33.24 31.77 0.943 times
31 Wed Mar 2021 31.67 30.73 31.94 30.47 1.332 times
30 Tue Mar 2021 30.75 30.76 31.10 30.54 0.482 times
29 Mon Mar 2021 30.88 30.93 31.44 30.54 0.787 times
26 Fri Mar 2021 31.00 29.66 31.00 29.40 0.811 times

Stock of Phillips 66 (PSXP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.7, but if it comes below 31.7, then a intra day sell could be more profitable.
If you take a sell trade below 31.7, then use 31.7 as stoploss and 30.6 as target. However if you take a buy trade in stock , then use 31.7 as stoploss and 33.1 as target.

Share price targets for Phillips 66 (PSXP)

Target Type Value
Downside Target 24.21
Downside Target 24.86
Downside Target 26.01
Downside Target 27.48
Downside Target 28.43
Downside Target 30.01
Downside Target 31.25
Downside Target 31.45
Downside Target 31.50
Downside Target 31.94
Upside Target 33.24
Upside Target 33.49

Intraday share price targets for Phillips 66 (PSXP)

Target Type Value
Downside Intraday Target 29.62
Downside Intraday Target 27.22
Upside Intraday Target 33.95
Upside Intraday Target 35.88
Downside Intraday Target 31.55

Weekly technical analysis of Phillips 66 (PSXP)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 32.01 33.17 33.49 29.16 2.224 times
01 Thu Apr 2021 33.18 30.93 33.24 30.47 1.045 times
26 Fri Mar 2021 31.00 29.99 31.00 28.43 0.715 times
19 Fri Mar 2021 29.93 31.23 31.25 28.56 1.086 times
12 Fri Mar 2021 31.06 31.00 31.45 30.01 0.816 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Phillips 66 (PSXP)

Date Monthly Closing Price Open High Low Volume
09 Fri Apr 2021 32.01 31.80 33.49 29.16 0.375 times
31 Wed Mar 2021 31.67 28.30 31.94 27.48 1.104 times
26 Fri Feb 2021 26.68 25.17 28.69 24.21 1.025 times
29 Fri Jan 2021 25.12 26.88 31.50 24.86 1.281 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Phillips 66 (PSXP)

Indicator Name Indicator Value Indicator Signal
ADX 39, 21, 30 Buy
MACD 1, 1Sell
Stochastics 46None
CCI 64Buy
RSI 56Buy
OBV -1044900Sell
VWAP 31Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Phillips 66 ( (PSXP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Phillips 66 ( (PSXP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Phillips 66 ( (PSXP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Phillips 66 ( (PSXP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Phillips 66 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Phillips 66 in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Phillips 66 Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Phillips 66 in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Phillips 66 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.38 and Phillips 66 (PSXP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Phillips 66 (PSXP) stock. Volume based technical analysis of Phillips 66 (PSXP) stock is negative.

Phillips 66 Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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