Phillips 66 (PSX, $129.94) price may drop as it broke higher Bollinger Band on Aug 22, 2025

#OilRefiningMarketing, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap, #SP500
PSX - Phillips 66
Bollinger signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $129.94
Daily change: +$5.49 (+4.41%)
Daily volume: 2.7M
Capitalization: $52.5B
Industry: Oil Refining/Marketing

This price move could be a signal that PSX may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 46 similar cases where PSX's price broke its higher Bollinger Band, and 31 of them led to a successful outcome. Odds of Success: 67%.