Although a number of static pile load tests have been performed in this country, re-consideration on the interpretation and loading method is needed, because of their less usefulness in practice. For this study, a static loading testing was performed for a long instrumented PHC pile, which was installed in sand layer overlying thick soft clay. The shaft resistance of the pile had been monitored for a long time after installation, and then the static load testing was performed by the quick load test, unlike the recent Korean practice. Using the measured data, the elastic modulus of pile, residual stress and true resistance on the pile were determined. In the event, it was found that the residual stress on the pile, which remained prior to the static loading, significantly affects the shaft and toe resistances. Also, it was realized that the setup effect for the long pile is significant.