XLB Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BEAR
ETF · Materials
XLB is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $51.38, currently 0.49% away. This pattern has shown a 0.3x profit factor across 12 backtested trades.
Current Setup
Close$51.63 +0.44%
Breakout Level$51.38
Distance to Level0.49%
RVOL0.2×
Pressure68
PatternChannel
Trade Plan
Entry$51.30
Stop$51.49
TP1$51.11
TP2$50.91
TP3$50.72
Chart
Backtest Performance
Win Rate
25%
Profit Factor
0.33x
Avg R
-0.50R
Trades
12
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 17 | BULL | A- | $53.16 | $52.98 | $53.34 | $52.98 | LOSS | -1.00R | 6 |
| Jun 5 | BEAR | A- | $51.11 | $51.30 | $50.93 | $51.30 | LOSS | -1.00R | 2 |
| Jun 4 | BULL | A- | $52.10 | $51.92 | $52.27 | $51.92 | LOSS | -1.00R | 2 |
| May 28 | BULL | A | $51.43 | $51.24 | $51.63 | $51.24 | LOSS | -1.00R | 8 |
| May 19 | BEAR | A- | $50.04 | $50.28 | $49.80 | $49.80 | WIN | +1.00R | 2 |
| May 15 | BEAR | A- | $51.52 | $51.71 | $51.33 | $51.33 | WIN | +1.00R | 2 |
| Apr 21 | BULL | A- | $52.43 | $52.24 | $52.61 | $52.24 | LOSS | -1.00R | 2 |
| Apr 13 | BULL | A- | $52.25 | $52.08 | $52.42 | $52.08 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-26 | B+ | BEAR | $51.38 | 0.45% | 68 | — |
| 2026-06-26 | A- | BEAR | $51.41 | 0.14% | 72 | — |
| 2026-06-26 | A- | BEAR | $51.41 | 0.17% | 73 | — |
| 2026-06-26 | B+ | BEAR | $51.41 | 0.09% | 74 | — |
| 2026-06-26 | A- | BEAR | $51.41 | 0.09% | 72 | — |
| 2026-06-26 | A- | BEAR | $51.41 | 0.02% | 74 | — |
| 2026-06-26 | B+ | BEAR | $51.41 | 0.13% | 78 | — |
| 2026-06-26 | A- | BEAR | $51.41 | 0.17% | 70 | — |
| 2026-06-26 | B+ | BEAR | $51.41 | 0.16% | 72 | — |
| 2026-06-26 | B+ | BEAR | $51.41 | 0.14% | 72 | — |
Bot Activity
No bot trades on XLB yet.
Other Active Breakout Setups
Earnings
No upcoming earnings scheduled.
Don't miss the next breakout
Subscribe to get real-time alerts when XLB approaches its breakout level.
See pricing