S&P Oil&Gas Exploration & Prod(XOP)

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

Auto-detected technical analysis for XOP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$176.59last close · Jul 22, 202652-week range $121.46$190.36 · 7.23% below the high
Symmetrical Triangle · playing out now

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

On this chart, setups like it have followed through about 40% of the time.

As long as price stays below $179.9, it's in play — a daily close back above there calls it off.

The move's natural target sits near $141.4.

XOP Falling Wedge Pattern

XOP is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$146.29Projected move−9.9%Breakout level$162.47

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
XOP win rate
61.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

XOP Pattern Trade History

Every completed pattern trade our nightly backtest found on XOP's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 15, 2026 @ $157.52Jul 21, 2026 @ $173.83Loss+9.9% · -1.05R
Falling WedgeJan 13, 2026 @ $129.20Feb 25, 2026 @ $148.39Win+10.3% · +3.18R
Rising WedgeDec 15, 2025 @ $131.71Jan 30, 2026 @ $140.24Loss+7.9% · -1.10R
TriangleDec 3, 2025 @ $134.81Dec 16, 2025 @ $124.96Loss+8.8% · -1.25R
Rising WedgeOct 9, 2025 @ $131.94Dec 3, 2025 @ $136.48Loss+8.6% · -1.29R
Rising WedgeJun 27, 2025 @ $126.30Sep 26, 2025 @ $137.24Loss+12.8% · -1.09R
TriangleJun 9, 2025 @ $124.05Feb 25, 2026 @ $148.39Win+17.8% · +4.60R
TriangleMay 30, 2025 @ $120.17Jun 11, 2025 @ $128.50Loss+28.9% · -1.02R
TriangleFeb 24, 2025 @ $134.52Mar 5, 2025 @ $119.20Win+12.6% · +2.19R
TriangleNov 11, 2024 @ $140.78Dec 18, 2024 @ $127.09Loss+10.9% · -1.16R
Falling WedgeOct 1, 2024 @ $134.32Dec 18, 2024 @ $127.09Loss+14.9% · -1.06R
TriangleJul 15, 2024 @ $147.15Aug 2, 2024 @ $134.75Loss+6.5% · -2.35R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

XOP Support and Resistance Levels

Price found a floor near $154.50 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $226.09 — still about 28% away.

  • Traders commonly watch $226.09 as a target (its 200% 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 $154.50 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

XOP Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$176.26$177.97$175.15$176.59
Jul 21, 2026$170.89$173.87$170.80$173.83
Jul 20, 2026$169.00$172.06$168.77$170.04
Jul 17, 2026$168.88$170.85$167.74$170.18
Jul 16, 2026$165.64$168.10$165.51$166.44
Jul 15, 2026$165.87$166.37$162.40$164.86
Jul 14, 2026$166.20$166.95$163.43$165.85
Jul 13, 2026$161.65$166.09$161.45$165.19
Jul 10, 2026$160.25$160.50$156.41$158.57
Jul 9, 2026$160.82$161.21$158.79$159.46

XOP Frequently Asked Questions

What chart pattern is XOP forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on S&P Oil&Gas Exploration & Prod (XOP) on the daily chart, with a measured-move target of $146.29.
Is a falling wedge bullish or bearish?
The falling wedge detected on XOP is a bearish pattern, projecting a measured-move target of $146.29. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if XOP's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $146.29 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XOP's closing price on Jul 22, 2026?
S&P Oil&Gas Exploration & Prod (XOP) last closed at $176.59 on Jul 22, 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.