XLP Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
ETF · Consumer Staples
XLP is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $83.72, currently 1.10% away. This pattern has shown a 2.3x profit factor across 10 backtested trades.
Current Setup
Close$84.64 +0.76%
Breakout Level$83.72
Distance to Level1.10%
RVOL1.0×
Pressure55
PatternCompression
Trade Plan
Entry$83.57
Stop$83.93
TP1$83.22
TP2$82.86
TP3$82.51
Chart
Backtest Performance
Win Rate
70%
Profit Factor
2.30x
Avg R
+0.39R
Trades
10
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 16 | BULL | A- | $85.86 | $85.61 | $86.10 | $86.10 | WIN | +0.96R | 2 |
| May 18 | BULL | A- | $85.43 | $85.14 | $85.71 | $85.71 | WIN | +0.97R | 2 |
| May 14 | BULL | A- | $85.23 | $84.87 | $85.59 | $84.87 | LOSS | -1.00R | 4 |
| May 8 | BULL | A- | $84.60 | $84.32 | $84.87 | $84.32 | LOSS | -1.00R | 10 |
| May 5 | BULL | A- | $84.31 | $84.06 | $84.56 | $84.06 | LOSS | -1.00R | 3 |
| Apr 6 | BULL | A- | $81.99 | $81.68 | $82.30 | $82.30 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-26 | A- | BEAR | $83.72 | 1.09% | 55 | — |
| 2026-06-26 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-26 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-26 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-26 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-25 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-25 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-25 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-25 | A- | BEAR | $83.72 | 0.28% | 64 | — |
| 2026-06-25 | A- | BEAR | $83.72 | 0.28% | 64 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-06-03 | BEAR | — | — | Entry cutoff — past 3:45pm ET |
Other Active Breakout Setups
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