In trading on Wednesday, shares of Phillips 66 (Symbol: PSX) crossed above their 200 day moving average of $77.58, changing hands as high as $78.59 per share. Phillips 66 shares are currently trading up about 2.7% on the day. The chart below shows the one year performance of PSX shares, versus its 200 day moving average:
Looking at the chart above, PSX’s low point in its 52 week range is $57.33 per share, with $87.98 as the 52 week high point – that compares with a last trade of $78.12. According to the ETF Finder at ETF Channel, PSX makes up 7.34% of the iShares U.S. Oil & Gas Exploration & Production ETF (Symbol: IEO) which is trading higher by about 3.4% on the day Wednesday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.