Utilities Select Sector SPDRXLU
Auto-detected technical analysis for XLU · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
XLU is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $47.13 (+6.4%).
New to this pattern? What a falling wedge is and how to trade it →
XLU's most recent completed falling wedge resolved as a loss: it broke higher on Sep 8, 2026 near $43.49, then was stopped out at $42.89 on Sep 11, 2026 — a 1.4% move (-0.81R) over 3 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.
Every completed pattern trade our nightly backtest found on XLU's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Sep 8, 2026 @ $43.49 | Sep 11, 2026 @ $42.89 | Loss | +5.4% · -0.81R |
| Triangle | Apr 21, 2026 @ $44.92 | Sep 15, 2026 @ $41.51 | Win | +7.6% · +1.23R |
| Rising wedge | Mar 19, 2026 @ $46.11 | Apr 9, 2026 @ $47.63 | Loss | +5.1% · -1.00R |
| Rising wedge | Feb 10, 2026 @ $44.37 | Mar 6, 2026 @ $46.63 | Win | +1.4% · +1.62R |
| Falling wedge | Feb 6, 2026 @ $43.66 | Mar 6, 2026 @ $46.63 | Win | +4.2% · +3.74R |
| Falling wedge | Jan 14, 2026 @ $43.22 | Mar 6, 2026 @ $46.63 | Win | +3.6% · +3.67R |
| Falling wedge | Dec 29, 2025 @ $43.09 | Jan 8, 2026 @ $41.82 | Loss | +3.2% · -2.36R |
| Falling wedge | Nov 26, 2025 @ $44.83 | Dec 4, 2025 @ $43.77 | Loss | +1.4% · -1.09R |
| Rising wedge | Aug 29, 2025 @ $42.13 | Sep 26, 2025 @ $43.36 | Loss | +4.9% · -1.00R |
| Rising wedge | Jul 30, 2025 @ $42.68 | Sep 9, 2025 @ $41.30 | Loss | +3.7% · -1.41R |
| Triangle | Jul 18, 2025 @ $41.87 | Aug 12, 2025 @ $43.09 | Win | +3.9% · +1.04R |
| Rising wedge | Jul 1, 2025 @ $40.37 | Jul 1, 2025 @ $40.99 | Loss | +4.1% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price was turned away at a ceiling near $46.37 about 4 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $42.07 — still about 1.5% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $43.34 | $43.38 | $42.56 | $42.73 |
| Aug 27, 2026 | $43.22 | $43.33 | $42.92 | $43.18 |
| Aug 26, 2026 | $43.31 | $43.71 | $43.28 | $43.51 |
| Aug 25, 2026 | $43.24 | $43.48 | $43.07 | $43.31 |
| Aug 24, 2026 | $42.87 | $43.26 | $42.70 | $43.22 |
| Aug 21, 2026 | $43.90 | $43.96 | $42.75 | $42.77 |
| Aug 20, 2026 | $43.83 | $44.26 | $43.75 | $43.77 |
| Aug 19, 2026 | $44.26 | $44.38 | $43.80 | $44.02 |
| Aug 18, 2026 | $44.53 | $44.65 | $43.95 | $44.02 |
| Aug 17, 2026 | $44.20 | $44.25 | $43.82 | $44.18 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.