XLU Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BEAR ETF · Utilities

XLU is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $43.40, currently 1.08% away. This pattern has shown a 1.5x profit factor across 10 backtested trades.

Current Setup

Close$42.92 -0.89%
Breakout Level$43.40
Distance to Level1.08% (crossed)
RVOL0.7×
Pressure66
PatternCompression

Trade Plan

Entry$43.33
Stop$43.49
TP1$43.16
TP2$43.00
TP3$42.84

Chart

XLU breakout scanner chart

Backtest Performance

Win Rate
60%
Profit Factor
1.48x
Avg R
+0.19R
Trades
10
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Aug 3 BEAR A+ $44.23 $44.41 $44.04 $44.41 LOSS -1.00R 2
Jul 24 BULL A- $46.40 $46.22 $46.59 $46.59 WIN +1.06R 2
Jun 24 BULL A- $45.27 $45.08 $45.45 $45.45 WIN +0.95R 4
Jun 15 BULL A- $44.69 $44.50 $44.88 $44.88 WIN +1.00R 6
May 22 BULL A- $45.08 $44.91 $45.24 $45.24 WIN +0.94R 4
Apr 27 BULL A- $46.34 $46.17 $46.51 $46.17 LOSS -1.00R 12
Apr 8 BULL A- $46.46 $46.31 $46.61 $46.31 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-08-27 B BEAR $43.40 0.54% 66 breakout
2026-08-27 B BEAR $43.40 0.22% 77
2026-08-27 B BEAR $43.40 0.22% 77
2026-08-27 B BEAR $43.40 0.22% 77
2026-08-27 B BEAR $43.40 0.22% 77
2026-08-26 B BEAR $43.40 0.22% 77
2026-08-26 B BEAR $43.40 0.22% 77
2026-08-26 B BEAR $43.40 0.22% 77
2026-08-26 B BEAR $43.40 0.22% 77
2026-08-26 B BEAR $43.40 0.22% 77

Bot Activity

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