Energy Select Sector SPDR(XLE)

Energy Select Sector SPDR (XLE) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for XLE · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$59.20last close · Jul 22, 202652-week range $42.05$63.46 · 6.71% below the high

XLE Triangle Pattern

XLE is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $51.97 (−9.7%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; XLE's own triangles have hit 53.1%.

DirectionBearishTarget$51.97Projected move−9.7%Breakout level$57.36

New to this pattern? What a triangle is and how to trade it →

XLE's Most Recent Triangle Trade

XLE's most recent completed triangle resolved as a loss: it broke down on Jun 12, 2026 near $56.79, then was stopped out at $59.46 on Jul 22, 2026 — a 4.7% move (-1.18R) over 26 sessions. Across 89 backtested triangles, this setup wins 50.6% of the time.

OutcomeLossResult-4.7%R-1.18REntry$56.79Exit$59.46

Learn about triangle

How Triangles Have Performed

Win rate
53.5%
Avg return
+0.37R
Backtested trades
17,276
XLE win rate
53.1%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

XLE Pattern Trade History

Every completed pattern trade our nightly backtest found on XLE's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 12, 2026 @ $56.79Jul 22, 2026 @ $59.45Loss+9.7% · -1.18R
TriangleMay 15, 2026 @ $58.70Jun 17, 2026 @ $54.67Loss+14.1% · -1.13R
Rising WedgeMar 24, 2026 @ $59.92Apr 1, 2026 @ $58.97Loss+5.3% · -0.42R
TriangleDec 16, 2025 @ $44.83Jan 5, 2026 @ $46.89Loss+5.3% · -1.13R
Rising WedgeOct 8, 2025 @ $44.22Oct 16, 2025 @ $42.51Win+4.5% · +0.76R
Rising WedgeJul 17, 2025 @ $42.83Aug 28, 2025 @ $44.95Loss+8.4% · -1.12R
TriangleMar 3, 2025 @ $44.52Mar 20, 2025 @ $46.59Loss+9.9% · -1.04R
Rising WedgeNov 21, 2024 @ $48.39Dec 16, 2024 @ $43.63Loss+10.6% · -1.04R
Falling WedgeOct 1, 2024 @ $44.26Nov 25, 2024 @ $47.67Win+9.2% · +2.04R
Falling WedgeJun 13, 2024 @ $44.45Jul 18, 2024 @ $46.70Loss+4.7% · -1.03R
Falling WedgeMay 15, 2024 @ $46.95May 23, 2024 @ $45.62Loss+4.9% · -1.04R
Falling WedgeDec 18, 2023 @ $42.49Jan 16, 2024 @ $40.35Loss+10.0% · -1.01R

Recent Triangles on Other Charts

TDGstopped −5.9%Jul 22, 2026AONhit target +9.3%Jul 21, 2026EOGstopped −4.8%Jul 21, 2026HIGstopped −5.8%Jul 21, 2026

Learn about triangle

XLE Support and Resistance Levels

Price found a floor near $53.57 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $68.89 — still about 16% away.

  • Traders commonly watch $68.89 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $53.57 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

XLE Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$59.27$59.52$58.90$59.20
Jul 21, 2026$58.16$58.53$57.83$58.50
Jul 20, 2026$57.56$58.39$57.41$57.94
Jul 17, 2026$57.95$58.12$57.28$57.68
Jul 16, 2026$56.66$57.30$56.60$57.02
Jul 15, 2026$56.94$57.04$55.76$56.50
Jul 14, 2026$57.00$57.22$56.29$56.95
Jul 13, 2026$55.86$56.97$55.86$56.74
Jul 10, 2026$55.08$55.24$54.36$55.08
Jul 9, 2026$55.28$55.48$54.73$54.82

XLE Frequently Asked Questions

What chart pattern is XLE forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a triangle on Energy Select Sector SPDR (XLE) on the daily chart, with a measured-move target of $51.97.
Is a triangle bullish or bearish?
The triangle detected on XLE is a bearish pattern, projecting a measured-move target of $51.97. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.
What is the price target if XLE's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $51.97 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XLE's closing price on Jul 22, 2026?
Energy Select Sector SPDR (XLE) last closed at $59.20 on Jul 22, 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.