Phillips Stock Technical Analysis

PSX -  USA Stock  

USD 96.80  2.20  2.33%

As of the 16th of May 2022, Phillips holds the Risk Adjusted Performance of 0.0727, semi deviation of 2.29, and Coefficient Of Variation of 1908.06. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Phillips, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Phillips 66, which can be compared to its competitors. Please check Phillips 66 downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Phillips 66 is priced some-what accurately, providing market reflects its current price of 96.8 per share. Given that Phillips has jensen alpha of 0.2236, we recommend you to check out Phillips 66's recent market performance to make sure the company can sustain itself at a future point.

Phillips Analyst Consensus

Target PriceAdvice# of Analysts
Phillips 66 current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Phillips analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Phillips stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Phillips 66, talking to its executives and customers, or listening to Phillips conference calls.
Phillips Analyst Advice Details
Phillips technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Phillips technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phillips trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Phillips 66 Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Normalized Average True Range is used to analyze tradable apportunities for Phillips 66 across different markets.

Phillips 66 Trend Analysis

Use this graph to draw trend lines for Phillips 66. You can use it to identify possible trend reversals for Phillips as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Phillips price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Phillips Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Phillips 66 applied against its price change over selected period. The best fit line has a slop of   0.19  , which may imply that Phillips 66 will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1336.0, which is the sum of squared deviations for the predicted Phillips price change compared to its average price change.

About Phillips Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Phillips 66 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Phillips 66 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Phillips 66 stock first instead of the macroeconomic environment surrounding Phillips 66. By analyzing Phillips's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Phillips's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Phillips specific price patterns or momentum indicators. Please read more on our technical analysis page.

Phillips May 16, 2022 Technical Indicators

Most technical analysis of Phillips help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Phillips from various momentum indicators to cycle indicators. When you analyze Phillips charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Phillips May 16, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Phillips stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Your Equity Center. Note that the Phillips 66 information on this page should be used as a complementary analysis to other Phillips' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Phillips Stock analysis

When running Phillips 66 price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
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Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine Phillips value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.