PSX

How is PSX doing right now?

In plain terms: PSX is 3.9% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Phillips 66 (PSX) sits 3.9% off its peak and is currently in a shallow pullback, last printing at $203.91. Shallow pullbacks like this are routine — historically US Stocks assets revisit a 5-10% dip several times a year, and most resolve back to highs within weeks.

What history says at this drawdown

History at this drawdown level is well-populated for PSX — 906 confirmed observations in the 5%-to-0% band. The Dipsern engine uses these to compute a rolling median rather than a mean, because medians are robust to the kind of fat tails you find in us stocks return distributions. The win rate (% of episodes that closed positive after 90 days) is shown in the segments table below.

What this means for PSX

S&P 500 names behave differently from small-caps at the same drawdown level — the Dipsern segmentation is per-ticker, so historical base rates for PSX reflect its own volatility regime, not the market's. Shallow pullbacks are where dip-buying frameworks start to pay off, but only marginally. The median forward return in shallow bands is usually positive but not dramatic.