Phillips 66 Breaks Above 200-Day Moving Average - Bullish For PSX

In trading on Friday, shares of Phillips 66 ( PSX) crossed above their 200 day moving average of $60.37, changing hands as high as $60.63 per share. Phillips 66 shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of PSX shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

Phillips 66 200 Day Moving Average Chart

Looking at the chart above, PSX's low point in its 52 week range is $42.45 per share, with $70.52 as the 52 week high point — that compares with a last trade of $59.93.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013)

According to the ETF Finder at ETF Channel, PSX makes up 5.91% of the iShares U.S. Oil & Gas Exploration & Production ETF ( IEO) which is trading higher by about 1% on the day Friday.
null

If you liked this article you might like

Energy Stocks Trampled in Broader Market Selloff

Energy Stocks Trampled in Broader Market Selloff

Stocks Slide and Amazon's Profit Soars - 5 Things You Must Know

Stocks Slide and Amazon's Profit Soars - 5 Things You Must Know

Unfortunately Red Hot Economic Data Supports Higher Interest Rates

Unfortunately Red Hot Economic Data Supports Higher Interest Rates

3 Game-Changing Areas Where Warren Buffett Should Spend Berkshire's Tax Windfall

3 Game-Changing Areas Where Warren Buffett Should Spend Berkshire's Tax Windfall

Putting Together a Shopping List for Saudi Aramco

Putting Together a Shopping List for Saudi Aramco