S&P Oil&Gas Exploration & ProdXOP
Auto-detected technical analysis for XOP · data as of Sep 2, 2026. The chart above is live; the read below updates daily.
XOP is currently forming a falling wedge on the daily timeframe. Detected Sep 2, 2026.
A falling wedge usually breaks higher, but XOP is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $146.29 (−9.9%).
New to this pattern? What a falling wedge is and how to trade it →
XOP's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Sep 15, 2026 near $200.85, then was stopped out at $189.80 on Sep 17, 2026 — a 5.5% move (-1.41R) over 2 sessions. Across 151,067 backtested rising wedges, this setup wins 38.0% of the time.
Every completed pattern trade our nightly backtest found on XOP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Sep 15, 2026 @ $200.85 | Sep 17, 2026 @ $189.80 | Loss | +5.4% · -1.41R |
| Falling wedge | Jul 21, 2026 @ $172.99 | Jul 29, 2026 @ $170.90 | Loss | +11.7% · -0.40R |
| Falling wedge | Jul 13, 2026 @ $165.88 | Jul 28, 2026 @ $169.23 | Win | +8.2% · +0.35R |
| Falling wedge | Jul 7, 2026 @ $154.94 | Jul 28, 2026 @ $169.23 | Win | +6.7% · +11.08R |
| Triangle | Jan 29, 2026 @ $141.18 | Feb 26, 2026 @ $146.61 | Win | +9.4% · +0.77R |
| Falling wedge | Jan 14, 2026 @ $132.63 | Feb 26, 2026 @ $146.61 | Win | +7.1% · +2.25R |
| Falling wedge | Oct 23, 2025 @ $129.72 | Dec 12, 2025 @ $133.58 | Win | +6.6% · +0.56R |
| Rising wedge | Oct 10, 2025 @ $128.84 | Dec 1, 2025 @ $135.46 | Loss | +6.8% · -1.00R |
| Rising wedge | Sep 26, 2025 @ $138.56 | Sep 30, 2025 @ $131.96 | Loss | +6.0% · -1.56R |
| Triangle | Sep 24, 2025 @ $136.89 | Oct 13, 2025 @ $125.76 | Loss | +9.5% · -1.29R |
| Triangle | Sep 23, 2025 @ $134.70 | Oct 13, 2025 @ $125.76 | Loss | +1.7% · -1.39R |
| Falling wedge | Aug 22, 2025 @ $125.78 | Sep 8, 2025 @ $130.56 | Win | +3.9% · +1.42R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $153.18 about 8 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $215.07 — still about 12% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 2, 2026 | $191.30 | $193.96 | $191.15 | $192.89 |
| Sep 1, 2026 | $192.21 | $192.76 | $189.30 | $192.72 |
| Aug 31, 2026 | $189.77 | $191.24 | $185.65 | $188.96 |
| Aug 28, 2026 | $185.46 | $187.18 | $184.43 | $185.94 |
| Aug 27, 2026 | $184.24 | $186.15 | $181.82 | $185.47 |
| Aug 26, 2026 | $180.90 | $186.32 | $180.19 | $184.46 |
| Aug 25, 2026 | $183.14 | $185.02 | $182.62 | $182.73 |
| Aug 24, 2026 | $187.92 | $189.41 | $184.31 | $186.24 |
| Aug 21, 2026 | $188.10 | $190.66 | $187.49 | $189.54 |
| Aug 20, 2026 | $189.05 | $191.24 | $186.60 | $187.45 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.