Why is PSX Down Today?

PSX
$258.85
▼ -2.04% ($-5.27)
Last updated: Oct 02, 2026 3:35 PM ET (695 min ago)

About PHILLIPS 66

Phillips 66 is an independent refiner that owns or holds interest in 11 refineries with a total crude throughput capacity of 1.8 million barrels per day, or mmb/d, at the end of 2024. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crud...

Sector: PETROLEUM REFINING
Market Cap: $54.39B
Forward P/E: 12.0
52-Week Range: $126.74 - $277.12
Employees: 13,200

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 PETROLEUM REFINING sector moving together
This appears to be a sector-wide move. The PETROLEUM REFINING sector is down 1.9% on average.

✅ Move Confirmation

LOW VOLUME 0.1x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PETROLEUM REFINING sector: -1.9%

This appears to be a sector-wide move. Most PETROLEUM REFINING stocks are moving in the same direction.

Market Comparison

PSX is significantly underperforming the market (-2.8% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
PSX
This Stock
-2.04%
vs S&P 500: -2.78%
vs Nasdaq: -3.06%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, PSX is expected to trade between:
$251.08 - $264.03

Key Level to Watch

$245.91 support
Watch for breakdown below $258.85

🔔 Get PSX Alerts

We'll notify you when PSX's trend changes or a new signal fires.

Last updated: Oct 02, 2026 3:35 PM (695 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.48
Put/Call Ratio
66.0%
Implied Volatility
Call Volume: 3,137
Put Volume: 1,518
Total: 4,655

Historical Context

PSX has moved more than 3.0% down on 11 occasions in the past year.

54.5%
Continuation Rate
6/11 times continued down
-0.3%
Avg Next Day Change
After similar down moves
Last similar move: Sep 21, 2026 (-4.2%) → Next day: -1.9%

Frequently Asked Questions

Why is PSX stock down today?

This appears to be a sector-wide move. The PETROLEUM REFINING sector is down 1.9% on average.

Is PSX stock a buy or sell right now?

Based on current analysis, PSX shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the PSX stock price target?

PSX is currently trading at $258.85. Based on today's momentum, the expected short-term range is $251.08 - $264.03. See long-term price prediction →

Will PSX stock continue falling?

Our analysis shows a 45% probability that PSX's move continues in the next 1-3 days. Key level to watch: $245.91 (support).

Is PSX stock oversold or overbought?

PSX's RSI (Relative Strength Index) is currently at 63.1. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for PSX stock?

PSX's 10-day momentum indicator is at -8.55. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is PSX outperforming or underperforming the market?

PSX (-2.04%) is currently significantly underperforming the market (-2.8% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for PSX?

PSX's MACD (5.02) is currently below the signal line (6.53), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 27.8) is strong.

Is PSX in an uptrend or downtrend?

Based on moving average analysis, PSX is in a bullish trend. The price ($258.85) is trading above both the 20-day SMA ($260.18) and 50-day SMA ($240.64). This alignment typically indicates sustained upward momentum.

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