XOP Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

A- BULL ETF · Oil & Gas E&P

XOP is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $189.17, currently 0.58% away. This pattern has shown a 1.6x profit factor across 13 backtested trades.

Current Setup

Close$189.23 +2.19%
Breakout Level$189.17
Distance to Level0.58% (crossed)
RVOL0.4×
Pressure76
PatternCompression

Trade Plan

Entry$189.49
Stop$188.72
TP1$190.26
TP2$191.03
TP3$191.81

Chart

XOP breakout scanner chart

Backtest Performance

Win Rate
62%
Profit Factor
1.60x
Avg R
+0.23R
Trades
13
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 30 BULL A- $174.94 $174.01 $175.86 $175.86 WIN +0.99R 2
Jul 22 BULL A- $174.23 $173.29 $175.18 $175.18 WIN +1.01R 2
Jul 14 BULL A- $166.20 $165.38 $167.03 $165.38 LOSS -1.00R 2
Jun 17 BEAR A- $155.50 $156.32 $154.67 $154.67 WIN +1.01R 2
Jun 17 BEAR A $155.55 $156.24 $154.87 $156.24 LOSS -1.00R 2
Jun 15 BEAR A- $164.54 $165.83 $163.26 $163.26 WIN +0.99R 2
Jun 9 BEAR A- $167.52 $168.66 $166.37 $166.37 WIN +1.01R 2
May 29 BEAR A- $162.56 $163.43 $161.69 $163.43 LOSS -1.00R 2
May 4 BULL A- $178.64 $177.42 $179.86 $179.86 WIN +1.00R 2
Apr 15 BEAR A- $163.00 $163.96 $162.05 $163.96 LOSS -1.00R 2
Apr 7 BULL A- $182.15 $180.91 $183.38 $180.91 LOSS -1.00R 4

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-10-07 A- BULL $189.17 0.15% 76 breakout
2026-10-07 A- BULL $189.17 0.39% 79 —
2026-10-07 A- BULL $189.17 0.39% 79 —
2026-10-07 A- BULL $189.17 0.39% 79 —
2026-10-07 A- BULL $189.17 0.39% 79 —
2026-10-06 A- BULL $189.17 0.39% 79 —
2026-10-06 A- BULL $189.17 0.39% 79 —
2026-10-06 A- BULL $189.17 0.39% 79 —
2026-10-06 A- BULL $189.17 0.39% 79 —
2026-10-06 A- BULL $189.17 0.39% 79 —

Bot Activity

DateSideResultRExit
2026-05-29 BEAR — — NO CONTRACT: No qualifying option contract found

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