Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Phillips 66 Stock Getting Closer To Key Technical Measure

Phillips 66 stock had its Relative Strength (RS) Rating upgraded from 68 to 76 Monday -- a welcome improvement, but still short of the 80 or better score you look for.

When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.

Decades of market research shows that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Phillips 66 stock can continue to show renewed price strength and hit that benchmark.

Looking For Winning Stocks? Try This Simple Routine

Is Phillips 66 Stock A Buy?

Phillips 66 stock is building a consolidation with a 113.63 entry. See if it can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

 

The oil & gas refining firm showed 36% EPS growth in its most recent report. Revenue increased 22%.

Phillips 66 stock holds the No. 11 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Global Partners and CrossAmerica Partners are also among the group's highest-rated stocks.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.