XME Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
ETF · Metals & Mining
XME is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $114.66, currently 0.50% away. This pattern has shown a 3.3x profit factor across 13 backtested trades.
Current Setup
Close$115.23 -0.48%
Breakout Level$114.66
Distance to Level0.50%
RVOL1.0×
Pressure56
PatternCompression
Trade Plan
Entry$114.36
Stop$115.09
TP1$113.62
TP2$112.89
TP3$112.16
Chart
Backtest Performance
Win Rate
77%
Profit Factor
3.32x
Avg R
+0.53R
Trades
13
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 9 | BEAR | A- | $117.51 | $118.37 | $116.64 | $116.64 | WIN | +1.01R | 2 |
| Jun 1 | BULL | A- | $126.81 | $125.95 | $127.66 | $127.66 | WIN | +0.99R | 5 |
| May 28 | BULL | A- | $124.03 | $123.02 | $125.03 | $125.03 | WIN | +0.99R | 2 |
| May 11 | BULL | A- | $123.36 | $122.38 | $124.33 | $124.33 | WIN | +0.99R | 4 |
| May 5 | BULL | A- | $119.24 | $118.47 | $120.00 | $118.47 | LOSS | -1.00R | 8 |
| Apr 17 | BULL | A- | $117.39 | $116.73 | $118.05 | $118.05 | WIN | +1.00R | 2 |
| Apr 16 | BULL | A- | $116.51 | $115.84 | $117.18 | $115.84 | LOSS | -1.00R | 2 |
| Apr 14 | BULL | A- | $115.31 | $114.73 | $115.89 | $115.89 | WIN | +1.00R | 2 |
| Apr 10 | BULL | A- | $113.65 | $112.79 | $114.50 | $114.50 | WIN | +0.99R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-22 | A- | BEAR | $114.66 | 0.35% | 56 | — |
| 2026-06-22 | A- | BEAR | $114.66 | 0.45% | 59 | — |
| 2026-06-17 | B+ | BULL | $121.16 | 0.11% | 48 | — |
| 2026-06-17 | B+ | BULL | $121.16 | 0.41% | 55 | — |
| 2026-06-17 | A- | BULL | $121.16 | 0.59% | 57 | — |
| 2026-06-17 | A- | BULL | $121.16 | 0.67% | 54 | — |
| 2026-06-17 | B | BEAR | $119.02 | 0.11% | 56 | breakout |
| 2026-06-17 | B+ | BEAR | $119.19 | 0.18% | 64 | — |
| 2026-06-17 | B+ | BEAR | $119.19 | 0.18% | 64 | — |
| 2026-06-17 | B+ | BEAR | $119.19 | 0.18% | 64 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-06-01 | BULL | — | — | NO CONTRACT: No qualifying option contract found |
Other Active Breakout Setups
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