XLE Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BULL
ETF · Energy
XLE is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $62.73, currently 2.52% away. This pattern has shown a 1.5x profit factor across 10 backtested trades.
Current Setup
Close$64.31
Breakout Level$62.73
Distance to Level2.52% (crossed)
RVOL0.8×
Pressure73
PatternCompression
Trade Plan
Entry$62.84
Stop$62.58
TP1$63.10
TP2$63.36
TP3$63.62
Chart
Backtest Performance
Win Rate
60%
Profit Factor
1.51x
Avg R
+0.20R
Trades
10
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 22 | BULL | A- | $58.63 | $58.40 | $58.86 | $58.86 | WIN | +1.00R | 2 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-08-31 | A- | BULL | $62.73 | 1.59% | 73 | breakout |
| 2026-08-31 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-31 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-31 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-31 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-28 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-28 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-28 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-28 | A- | BULL | $62.73 | 0.12% | 85 | — |
| 2026-08-28 | A- | BULL | $62.73 | 0.12% | 85 | — |
Bot Activity
No bot trades on XLE yet.
Other Active Breakout Setups
Earnings
No upcoming earnings scheduled.
Don't miss the next breakout
Subscribe to get real-time alerts when XLE approaches its breakout level.
See pricing