Auto-detected technical analysis for XLY · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$117.28last close · Jun 30, 2026
XLY falling wedge pattern
XLY 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 $124.59 (+6.6%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.
XLY's most recent completed Falling Wedge (which broke against type) resolved as a win: it broke down on Mar 12, 2026 near $111.52, then reached its target at $108.85 on Mar 20, 2026 — a +0.48R move (2.4%) over 6 sessions. Across 76 backtested falling wedges, this setup wins 55.3% of the time.
OutcomeWinResult+0.48REntry$111.52Exit$108.85
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.
XLY support and resistance levels
Price is bouncing off a floor near $114.18 and starting to climb. On the weekly chart, the next ceiling overhead sits near $140.90 — about 20% away.
Traders commonly watch $140.90 as a target (its 161.8% 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 $114.18 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.
Nearest auto-detected support sits near $114.23, resistance near $139.34. These are chart/swing-derived levels, not formula pivots.
Resistance
$139.34
Support
$114.23$112.08$107.37$102.58$84.75
XLY recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$116.23
$117.57
$116.23
$117.28
Jun 29, 2026
$115.21
$117.54
$115.04
$117.12
Jun 26, 2026
$113.20
$115.46
$113.16
$114.37
Jun 25, 2026
$114.65
$115.06
$113.13
$113.35
Jun 24, 2026
$114.15
$116.96
$113.93
$115.07
Jun 23, 2026
$113.95
$114.66
$113.47
$113.76
Jun 22, 2026
$115.99
$116.92
$114.87
$114.94
Jun 18, 2026
$116.65
$117.66
$115.54
$117.16
Jun 17, 2026
$117.81
$118.17
$115.18
$115.49
Jun 16, 2026
$118.67
$119.46
$118.34
$118.46
XLY frequently asked questions
What chart pattern is XLY forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Consumer Discret Select Sector SPDR (XLY) on the daily chart, with a measured-move target of $124.59.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on XLY is a bullish pattern, projecting a measured-move target of $124.59. 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 XLY?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), XLY's nearest support is around $114.23 and nearest resistance around $139.34.
What is the price target if XLY's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $124.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XLY's closing price on Jun 30, 2026?
Consumer Discret Select Sector SPDR (XLY) last closed at $117.28 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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