Energy Select Sector SPDRXLE

Energy Select Sector SPDR (XLE) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for XLE · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$62.68last close · Aug 28, 202652-week range $42.35 – $64.70 · 3.12% below the high

XLE triangle pattern

XLE is currently forming a triangle on the daily timeframe. Detected Aug 28, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $65.43 (+14.1%).

DirectionBullishTarget$65.43Projected move+14.1%Breakout level$57.89

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

XLE's most recent rising wedge trade

XLE's most recent completed rising wedge resolved as a win: it broke down on Sep 16, 2026 near $64.03, then reached its target at $60.95 on Sep 29, 2026 — a 4.8% move (+1.44R) over 9 sessions. Across 151,067 backtested rising wedges, this setup wins 38.0% of the time.

OutcomeWinResult+4.8%R+1.44REntry$64.03Exit$60.95

Learn about rising wedge

XLE pattern trade history

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

PatternEntryExitOutcomeResult
Rising wedgeSep 16, 2026 @ $64.03Sep 29, 2026 @ $60.95Win+4.8% · +1.44R
TriangleSep 9, 2026 @ $65.62Sep 22, 2026 @ $61.63Loss+5.3% · -1.78R
Falling wedgeJul 23, 2026 @ $60.24Jul 29, 2026 @ $59.08Loss+10.7% · -0.48R
Falling wedgeJul 23, 2026 @ $60.24Jul 29, 2026 @ $59.08Loss+10.7% · -0.48R
Falling wedgeJul 7, 2026 @ $54.40Jul 29, 2026 @ $59.08Win+5.8% · +3.13R
Rising wedgeJan 21, 2026 @ $48.39Mar 11, 2026 @ $55.63Win+4.4% · +8.02R
Rising wedgeJan 14, 2026 @ $47.67Mar 11, 2026 @ $55.63Win+3.9% · +5.07R
TriangleDec 16, 2025 @ $43.96Jan 5, 2026 @ $47.16Loss+4.5% · -1.18R
Falling wedgeOct 23, 2025 @ $44.69Nov 20, 2025 @ $45.17Win+4.8% · +0.31R
Rising wedgeOct 10, 2025 @ $43.08Nov 10, 2025 @ $44.96Loss+6.0% · -1.00R
Rising wedgeAug 1, 2025 @ $43.31Aug 27, 2025 @ $44.49Loss+6.2% · -1.00R
Rising wedgeMay 12, 2025 @ $42.74Jun 24, 2025 @ $42.39Loss+4.1% · -0.16R

Triangle examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

AAgilent
Winning trade · +12.0%
Opened Jun 29, 2026
Closed Aug 28, 2026
Open A’s live chart →
AFRMAffirm
Losing trade · −13.4%
Opened Aug 27, 2026
Closed Aug 28, 2026
Open AFRM’s live chart →
CASYCasey's General Stores
Winning trade · +7.1%
Opened Aug 26, 2026
Closed Aug 28, 2026
Open CASY’s live chart →
MGMMgm Resorts International
Winning trade · +7.7%
Opened Jul 17, 2026
Closed Aug 28, 2026
Open MGM’s live chart →

Learn about triangle

XLE support and resistance levels

Price is being turned away at a ceiling near $63.97 and starting to slide. On the weekly chart, the next floor below sits near $54.21 — about 14% away.

  • Traders commonly watch $54.21 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $63.97 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

XLE recent daily prices

DateOpenHighLowClose
Aug 28, 2026$62.35$62.74$62.12$62.68
Aug 27, 2026$62.23$62.72$61.55$62.29
Aug 26, 2026$61.43$63.02$61.31$62.43
Aug 25, 2026$62.20$62.79$62.04$62.06
Aug 24, 2026$63.24$63.72$62.56$63.11
Aug 21, 2026$63.91$64.30$63.35$63.64
Aug 20, 2026$64.25$64.70$63.69$63.75
Aug 19, 2026$63.85$64.25$63.40$63.58
Aug 18, 2026$63.41$63.71$63.12$63.68
Aug 17, 2026$62.22$62.69$61.79$62.58

XLE frequently asked questions

What chart pattern is XLE forming right now?
As of Aug 28, 2026, TradingPal's detector identifies a triangle on Energy Select Sector SPDR (XLE) on the daily chart, with a measured-move target of $65.43.
Is a triangle bullish or bearish?
The triangle detected on XLE is a bullish pattern, projecting a measured-move target of $65.43. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if XLE's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $65.43 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XLE's closing price on Aug 28, 2026?
Energy Select Sector SPDR (XLE) last closed at $62.68 on Aug 28, 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.