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 $67.70, currently 0.75% away. This pattern has shown a 1.5x profit factor across 10 backtested trades.

Current Setup

Close$67.20 -0.72%
Breakout Level$67.70
Distance to Level0.75%
RVOL1.0×
Pressure77
PatternAscending Wedge

Trade Plan

Entry$67.82
Stop$67.55
TP1$68.08
TP2$68.34
TP3$68.61

Chart

XLE breakout scanner chart

Backtest Performance

Win Rate
60%
Profit Factor
1.51x
Avg R
+0.20R
Trades
10
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
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

DateGradeSideBreakoutDistPressureResolution
2026-10-15 A BULL $67.70 0.30% 77 —
2026-10-15 A BULL $67.70 0.13% 77 —
2026-10-15 A BULL $67.70 0.13% 77 —
2026-10-15 A BULL $67.70 0.13% 77 —
2026-10-15 A BULL $67.70 0.13% 77 —
2026-10-14 A BULL $67.70 0.13% 77 —
2026-10-14 A BULL $67.70 0.13% 77 —
2026-10-14 A BULL $67.70 0.13% 77 —
2026-10-14 A BULL $67.70 0.13% 77 —
2026-10-14 A BULL $67.70 0.13% 77 —

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