PSX technical analysis
PSX Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
PSX Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- PSX
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 202.55 | August 5, 2026 | - | Verified |
| Verification series | 202.55 | August 5, 2026 | 0.00% | Verified |
Bottom line
PSX Technical Analysis Summary
PSX shows a strong intermediate uptrend that is taking a short-term pause. At the August 5, 2026 daily cutoff, price sits at 202.55, below SMA20 (204.29) after pulling back from the 52-week high of 216.08, but still above SMA50 (187.41) and SMA200 (159.86) with a bullish SMA alignment. The weekly chart remains firmly bullish with price above SMA20 (178.76), SMA50 (154.13), and SMA200 (122.29) and a positive MACD histogram of 2.73. Daily momentum has cooled: the MACD histogram is negative at -1.23 and the latest session fell on above-average volume. The daily RSI at 55.09 has retreated out of overbought territory, while the weekly RSI at 71.31 is elevated. Near-term resistance sits at SMA20 (204.29) and the recent high of 216.08, with support at the SMA50 to 20-day low zone near 186 to 187 and the 60-day low at 164.10.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed short-term, bullish intermediate. Price at 202.55 sits below SMA20 (204.29) but above SMA50 (187.41) and SMA200 (159.86). The SMA stack is still bullish with SMA20 above SMA50 above SMA200, reflecting the strong advance of the past year. Price has pulled back about 6 percent from the 52-week high of 216.08.
- Momentum
- Neutral to soft. RSI14 at 55.09 has eased out of overbought territory and is now mid-range. MACD at 6.13 is below the signal line at 7.36 with a negative histogram of -1.23, indicating short-term momentum is cooling after the rally to the highs.
- Volatility
- Moderate. ATR14 at 6.45 (3.18% of price) reflects normal daily ranges. Bollinger Bands span 191.17 to 217.42, with price near the middle band, suggesting the extended condition seen during the spike has unwound.
- Volume
- Above average. Latest volume of 3,833,900 is 1.49x the 20-period average (2,580,005), with the pullback from the highs occurring on heavier turnover.
Assessment
The daily chart shows a pullback within a strong uptrend. Price remains above SMA50 and SMA200 with a bullish SMA alignment, while the move below SMA20 and the negative MACD histogram point to a consolidation after reaching 216.08. The 20-day range runs from 186.09 to 216.08 and price sits near the middle of it. Holding the SMA50 to 20-day low zone near 186 to 187 would keep the uptrend intact, while reclaiming SMA20 (204.29) would rebuild short-term momentum. The main watch is whether the extended weekly RSI unwinds through consolidation or through further price weakness.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 211.68 is above SMA20 (178.76), SMA50 (154.13), and SMA200 (122.29). SMA20 is well above SMA50, confirming a strong intermediate-term uptrend on the weekly scale.
- Momentum
- Bullish but extended. RSI14 at 71.31 is in overbought territory. MACD at 13.49 is above the signal line at 10.75 with a positive histogram of 2.73, showing momentum is still positive at the weekly level.
- Volatility
- Elevated. ATR14 at 12.37 (5.84% of price) reflects wide weekly swings. Bollinger Bands (148.87 to 208.66) show price trading slightly above the upper band at 208.66, an extended condition after the sharp advance.
- Volume
- Slightly below average. Weekly volume of 11,194,100 is 0.83x the 20-week average (13,477,600).
Assessment
The weekly chart confirms a powerful long-term uptrend with price above all major SMAs and a bullish alignment. The weekly series ends with the week of July 27, 2026, when the stock closed at 211.68, near the 52-week high of 216.08. RSI at 71.31 is overbought, so some consolidation is likely, but the positive MACD histogram suggests the trend still has momentum. A break above 216.08 would continue the advance, while the 20-week low at 152.47 and the 60-week low at 110.74 are the main downside references if the trend turns.
Key indicators
PSX Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 55.09 | 71.31 |
| MACD (12, 26, 9) | 6.13 / 7.36 / -1.23 | 13.49 / 10.75 / 2.73 |
| ATR (14) | 6.45 (3.18%) | 12.37 (5.84%) |
| Bollinger Bands (20, 2) | 191.17 - 217.42 | 148.87 - 208.66 |
| SMA (20) | 204.29 | 178.76 |
| SMA (50) | 187.41 | 154.13 |
| SMA (200) | 159.86 | 122.29 |
Price structure
PSX Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 202.55 | 211.68 |
| 1-Period Return | -1.62% | +2.37% |
| 5-Period Return | -2.06% | +23.32% |
| 20-Period Return | +7.85% | +23.43% |
| 60-Period Return | +18.92% | +91.56% |
| 252-Period Return | +72.48% | +247.90% |
| 52-Week Low | 114.16 | 114.16 |
| 52-Week High | 216.08 | 216.08 |
| 52-Week Position | 86.73% | 95.68% |
Key levels
PSX Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 216.08 | 216.08 |
| 20-Period Low | 186.09 | 152.47 |
| 60-Period High | 216.08 | 216.08 |
| 60-Period Low | 164.10 | 110.74 |
Scenarios
PSX Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims SMA20 (204.29) and breaks back above the recent high of 216.08 on sustained volume, resuming the uptrend.
Invalidation
Price closes below the 20-day low of 186.09.
What to watch
Daily MACD histogram turning positive again; RSI holding above 50; volume confirming upside breakouts.
Range-Bound
Trigger
Price consolidates between the 20-day low of 186.09 and the recent high of 216.08, digesting the rally.
Invalidation
A decisive break of either boundary with expanding volume.
What to watch
RSI drifting between 40 and 60; Bollinger Bands narrowing; volume declining during the pause.
Bearish
Trigger
Price breaks below the 20-day low of 186.09 and the SMA50 at 187.41 with increasing volume, pointing toward the 60-day low at 164.10.
Invalidation
Price reclaims SMA20 (204.29) and holds above it.
What to watch
Daily MACD histogram turning more negative; RSI breaking below 40; weekly RSI rolling below 60.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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