XLE chart analysis today
XLE broke out of a falling wedge 14 days ago on light volume after the weekly uptrend broke. Below $58.31 the break has failed.
State Street Energy Select · daily · last close $64.77 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $64.83 · resistance
- Below
- $58.31 · the breakout
- Formation state
- Broke above $58.31 14 days ago on light volume. No retest yet.
- Trend
- a series of higher highs and higher lows over the window, 3 steps across 43 bars, still intact
- Agreement
- Structure 3 of 4 (high) · indicators 3 of 3 (high)
Levels and what happened there
- Resistance $64.83
- Support $63.46
- Support $53.03
- The last two times price reached $64.83 it never held.
- The last two times price reached $63.46 it held once, bouncing 3.4%, and broke through once.
- The last four times price reached $53.03 it held every time, bouncing 6.6% on average.
- Bigger picture Weekly uptrend broken, daily rising. weekly — the uptrend broke, bull flag at $59.46. Warning: the weekly uptrend broke 12 weeks ago, so the bigger chart is no longer backing a rise.
- 52 weeks At its 52-week high of $64.95, 53% above the 52-week low of $42.35.
Read your own XLE chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze XLE now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.