XLE Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BULL
ETF · Energy
XLE is currently showing a bullish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $57.03, currently 0.96% away. This pattern has shown a 1.0x profit factor across 8 backtested trades.
Current Setup
Close$56.48 -0.93%
Breakout Level$57.03
Distance to Level0.96%
RVOL0.6×
Pressure70
PatternCompression
Trade Plan
Entry$57.14
Stop$56.88
TP1$57.39
TP2$57.64
TP3$57.90
Chart
Backtest Performance
Win Rate
50%
Profit Factor
1.01x
Avg R
+0.00R
Trades
8
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 29 | BEAR | A- | $53.64 | $53.85 | $53.43 | $53.85 | LOSS | -1.00R | 2 |
| Jun 17 | BEAR | A- | $54.63 | $54.91 | $54.35 | $54.35 | WIN | +1.00R | 3 |
| May 29 | BEAR | A- | $56.55 | $56.88 | $56.22 | $56.22 | WIN | +1.00R | 3 |
| May 5 | BULL | A- | $59.73 | $59.37 | $60.08 | $59.37 | LOSS | -1.00R | 9 |
| May 4 | BULL | A- | $59.25 | $58.90 | $59.60 | $58.90 | LOSS | -1.00R | 11 |
| Apr 14 | BEAR | A- | $56.58 | $56.91 | $56.25 | $56.25 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-07-15 | B+ | BULL | $57.03 | 0.93% | 70 | — |
| 2026-07-15 | B+ | BULL | $57.03 | 0.99% | 71 | — |
| 2026-07-14 | A- | BULL | $56.96 | 0.02% | 92 | breakout |
| 2026-07-10 | B+ | BULL | $55.23 | 0.91% | 57 | — |
| 2026-07-10 | B+ | BULL | $55.23 | 0.87% | 58 | — |
| 2026-07-10 | B+ | BULL | $55.23 | 0.62% | 58 | — |
| 2026-07-10 | B+ | BULL | $55.23 | 0.57% | 57 | — |
| 2026-07-10 | A- | BULL | $55.23 | 0.40% | 55 | — |
| 2026-07-10 | B+ | BULL | $55.23 | 0.53% | 58 | — |
| 2026-07-10 | A- | BULL | $55.23 | 0.31% | 55 | — |
Bot Activity
No bot trades on XLE yet.
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