Not investment advice. NasdaqScan is a free, independent educational tool. Results are automated and may contain errors. Trading involves risk of loss. Read full disclaimer

XES stock – SPDR® S&P Oil & Gas Equipment & Services ETF sideways range & retest history

NYSE

On the weekly chart, XES broke out below its sideways range between $77.59 and $100.81 (started 10 Sept 2023), its pullback failed, and NasdaqScan detected a retest of the low in the week of 22 Dec 2024, 469 days after the range began.

Since 2019, NasdaqScan has found 3 sideways ranges in XES. Completed ranges lasted 833 days on average, from 357 to 1309 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 30% wide from low to high.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
10 Sept 2023Open—22 Dec 2024 (Go ahead)
5 Jan 20206 Aug 2023 (1309 days)Broke above the range at $96.38—
15 Sept 20196 Sept 2020 (357 days)Broke below the range at $40.77—

Retest signals detected

  • Week of 22 Dec 2024: retest of the low after a breakout below a sideways range, 469 days after the range began (Go ahead)

Other stocks with a retest this week

All NYSE stocks with retest patterns →

Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

← All current retest signals