S&P Oil&Gas Exploration & Prod (XOP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for XOP · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$154.26last close · Jun 30, 2026
Bearish Pennant · playing out now

XOP is breaking down from a bearish pennant — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 39% of the time.

As long as price stays below $173.0, it's in play — a daily close back above there calls it off.

The move's natural target sits near $147.0.

XOP bearish pennant pattern

XOP is currently forming a Bearish Pennant on the daily timeframe. Detected Jun 30, 2026.

DirectionBearishTarget$147.00Projected move−9.9%Breakout level$163.14

How bearish pennants have performed

Win rate
44.1%
Avg return
+0.15R
Backtested trades
11,004

Historical pattern statistics (1986-12-12 – 2026-06-12), not a prediction.

XOP support and resistance levels

On the weekly chart, price is resting in the open space between a floor below near $144.69 and a ceiling above near $194.11.

  • Price hasn't touched either edge recently, so there's no clear direction either way yet.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

Nearest auto-detected support sits near $143.12, resistance near $191.83. These are chart/swing-derived levels, not formula pivots.

Resistance
$191.83$195.00$195.33$206.70
Support
$143.12$140.67

XOP recent daily prices

DateOpenHighLowClose
Jun 30, 2026$155.29$156.99$154.05$154.26
Jun 29, 2026$155.02$157.18$154.92$155.37
Jun 26, 2026$153.77$156.07$153.61$154.68
Jun 25, 2026$151.87$155.29$151.39$154.74
Jun 24, 2026$152.09$153.91$150.37$153.03
Jun 23, 2026$153.66$155.73$153.20$155.04
Jun 22, 2026$153.45$155.03$151.86$154.90
Jun 18, 2026$154.23$154.41$151.55$153.36
Jun 17, 2026$156.45$158.04$155.08$155.75
Jun 16, 2026$156.19$157.96$155.77$157.17

XOP frequently asked questions

What chart pattern is XOP forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Bearish Pennant on S&P Oil&Gas Exploration & Prod (XOP) on the daily chart, with a measured-move target of $147.00.
Is a Bearish Pennant bullish or bearish?
The Bearish Pennant detected on XOP is a bearish pattern, projecting a measured-move target of $147.00. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bearish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bearish Pennant family (11,004 trades over 516 symbols), it resolved in the expected direction 44.1% of the time with an average of +0.15R. These are historical statistics, not a prediction.
What are the support and resistance levels for XOP?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), XOP's nearest support is around $143.12 and nearest resistance around $191.83.
What is the price target if XOP's pattern breaks out?
The detected Bearish Pennant has a geometry-based measured-move target of $147.00 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XOP's closing price on Jun 30, 2026?
S&P Oil&Gas Exploration & Prod (XOP) last closed at $154.26 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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