Auto-detected technical analysis for XLU · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$45.34last close · Jun 30, 2026
XLU falling wedge pattern
XLU is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $44.75 (+4.9%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.
XLU's most recent completed Falling Wedge resolved as a win: it broke higher on Jan 13, 2026 near $42.85, then reached its target at $46.90 on Mar 5, 2026 — a +3.65R move (9.5%) over 35 sessions. Across 80 backtested falling wedges, this setup wins 53.8% of the time.
OutcomeWinResult+3.65REntry$42.85Exit$46.90
How falling wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
XLU support and resistance levels
A chance to go short showed up on the weekly chart about a week ago: price ran up to $45.53 — a level traders often watch as a target (161.8% 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 $43.62 below — the first place to look for a touch and take profit.
What would have called it off: a weekly close back above $45.53, where the turn lower would have failed.
Nearest auto-detected support sits near $44.63, resistance near $47.26. These are chart/swing-derived levels, not formula pivots.
Resistance
$47.26$47.70$50.54$52.51$52.70$59.95
Support
$44.63$43.86$39.15
XLU recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$45.86
$45.95
$45.32
$45.34
Jun 29, 2026
$46.20
$46.31
$45.77
$46.02
Jun 26, 2026
$46.00
$46.23
$45.89
$46.20
Jun 25, 2026
$45.66
$46.19
$45.50
$45.85
Jun 24, 2026
$45.29
$45.60
$45.09
$45.54
Jun 23, 2026
$44.75
$45.20
$44.46
$45.07
Jun 22, 2026
$44.48
$44.97
$44.43
$44.72
Jun 18, 2026
$44.60
$45.34
$44.53
$44.76
Jun 17, 2026
$44.82
$45.17
$44.24
$44.46
Jun 16, 2026
$44.84
$45.50
$44.76
$45.06
XLU frequently asked questions
What chart pattern is XLU forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Utilities Select Sector SPDR (XLU) on the daily chart, with a measured-move target of $44.75.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on XLU is a bullish pattern, projecting a measured-move target of $44.75. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for XLU?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), XLU's nearest support is around $44.63 and nearest resistance around $47.26.
What is the price target if XLU's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $44.75 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XLU's closing price on Jun 30, 2026?
Utilities Select Sector SPDR (XLU) last closed at $45.34 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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