S&P Oil&Gas Exploration & Prod(XOP)
Auto-detected technical analysis for XOP · data as of Aug 14, 2026. The chart above is live; the read below updates daily.
XOP is currently forming a falling wedge on the daily timeframe. Detected Aug 14, 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%). Across 8,372 backtested falling wedges, the setup followed through 55.2% of the time, averaging +0.33R; XOP's own falling wedges have hit 55.6%.
New to this pattern? What a falling wedge is and how to trade it →
XOP's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Jun 15, 2026 near $157.52, then was stopped out at $173.83 on Jul 21, 2026 — a -1.05R move (10.4%) over 24 sessions. Across 93 backtested falling wedges, this setup wins 47.3% of the time.
Historical pattern statistics (2006-08-14 – 2026-08-14), not a prediction.
Every completed pattern trade our nightly backtest found on XOP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Jun 15, 2026 @ $157.52 | Jul 21, 2026 @ $173.83 | Loss | -1.05R |
| Triangle | May 26, 2026 @ $169.41 | Aug 14, 2026 @ $180.49 | Loss | -1.05R |
| Falling Wedge | Jan 13, 2026 @ $129.20 | Feb 25, 2026 @ $148.39 | Win | +3.18R |
| Rising Wedge | Dec 15, 2025 @ $131.71 | Jan 30, 2026 @ $140.24 | Loss | -1.10R |
| Triangle | Dec 3, 2025 @ $134.81 | Dec 16, 2025 @ $124.96 | Loss | -1.25R |
| Rising Wedge | Oct 9, 2025 @ $131.94 | Dec 3, 2025 @ $136.48 | Loss | -1.29R |
| Rising Wedge | Jun 27, 2025 @ $126.30 | Sep 26, 2025 @ $137.24 | Loss | -1.09R |
| Triangle | Jun 9, 2025 @ $124.05 | Feb 25, 2026 @ $148.39 | Win | +4.60R |
| Triangle | May 30, 2025 @ $119.84 | Jun 11, 2025 @ $128.50 | Loss | -1.02R |
| Triangle | Feb 25, 2025 @ $134.28 | Mar 5, 2025 @ $118.92 | Win | +2.13R |
| Triangle | Nov 12, 2024 @ $142.41 | Dec 18, 2024 @ $127.09 | Loss | -1.14R |
| Falling Wedge | Oct 3, 2024 @ $135.71 | Dec 18, 2024 @ $127.09 | Loss | -1.05R |
Price is being turned away at a ceiling near $182.17 and starting to slide. On the weekly chart, the next floor below sits near $155.46 — about 14% away.
Nearest auto-detected support sits near $153.83, resistance near $182.17. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 14, 2026 | $179.87 | $182.38 | $179.16 | $180.49 |
| Aug 13, 2026 | $176.62 | $179.32 | $175.19 | $179.17 |
| Aug 12, 2026 | $177.85 | $179.22 | $176.90 | $178.58 |
| Aug 11, 2026 | $175.36 | $178.91 | $175.02 | $178.37 |
| Aug 10, 2026 | $169.60 | $176.27 | $169.06 | $175.93 |
| Aug 7, 2026 | $165.85 | $168.77 | $164.36 | $166.40 |
| Aug 6, 2026 | $168.42 | $168.96 | $165.37 | $167.05 |
| Aug 5, 2026 | $172.31 | $172.78 | $165.06 | $165.19 |
| Aug 4, 2026 | $171.38 | $173.22 | $168.72 | $171.95 |
| Aug 3, 2026 | $172.66 | $176.91 | $171.96 | $174.28 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.