Energy Select Sector SPDR (XLE) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for XLE · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$53.11last close · Jun 30, 2026
XLE rising wedge pattern
XLE is currently forming a Rising Wedge on the daily timeframe. Detected Jun 30, 2026.
A Rising Wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $39.74 (−8.4%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R.
XLE's most recent completed Rising Wedge resolved as a loss: it broke down on Jul 18, 2025 near $42.98, then was stopped out at $44.95 on Aug 28, 2025 — a -1.13R move (4.6%) over 29 sessions. Across 79 backtested rising wedges, this setup wins 48.1% of the time.
OutcomeLossResult-1.13REntry$42.98Exit$44.95
How rising wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
XLE support and resistance levels
A chance to go short showed up on the weekly chart about 6 weeks ago: price ran up to $60.67 — a level traders often watch as a target (200% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
What it was aiming for: a drop toward support line around $52.42 below — the first place to look for a touch and take profit.
What would have called it off: a weekly close back above $60.67, where the turn lower would have failed.
Nearest auto-detected support sits near $52.89, resistance near $61.27. These are chart/swing-derived levels, not formula pivots.
Resistance
$61.27$62.62$62.64$63.04$67.32
Support
$52.89$51.46$50.32$49.70$42.38$40.33
XLE recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$53.62
$54.12
$53.08
$53.11
Jun 29, 2026
$53.98
$54.28
$53.47
$53.58
Jun 26, 2026
$54.00
$54.15
$53.68
$53.84
Jun 25, 2026
$53.20
$54.32
$53.00
$54.09
Jun 24, 2026
$53.50
$53.77
$52.94
$53.57
Jun 23, 2026
$54.14
$54.56
$53.87
$54.46
Jun 22, 2026
$53.53
$54.13
$53.17
$54.06
Jun 18, 2026
$54.14
$54.25
$53.25
$53.77
Jun 17, 2026
$55.26
$55.36
$54.54
$54.67
Jun 16, 2026
$55.00
$55.48
$54.95
$55.36
XLE frequently asked questions
What chart pattern is XLE forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Rising Wedge on Energy Select Sector SPDR (XLE) on the daily chart, with a measured-move target of $39.74.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on XLE is a bearish pattern, projecting a measured-move target of $39.74. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for XLE?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), XLE's nearest support is around $52.89 and nearest resistance around $61.27.
What is the price target if XLE's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $39.74 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XLE's closing price on Jun 30, 2026?
Energy Select Sector SPDR (XLE) last closed at $53.11 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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