XLYDouble Bottom

83% ConfidenceDetected Jun 16

Signal Snapshot

As of June 16, 2026, XLY is showing a Double Bottom pattern with 83% confidence on the daily timeframe. SCTR 5.0 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $117.12 · Target $118.82 · Stop $116.08.

EdgeOS Levels — XLY

Close
$118.57
Buy Trigger
$117.12
+1 ATR Target
$118.82
Stop
$116.08
SCTR
5.0
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
Other Stocks Showing Double Bottom Today

Frequently Asked Questions

Is XLY showing a Double Bottom pattern?

Yes. XLY is currently showing a Double Bottom pattern with 83% confidence on the daily timeframe (detected 6/16/2026).

What is the confidence level for the XLY Double Bottom?

The XLY Double Bottom has a confidence score of 83%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for XLY?

XLY's EdgeOS buy trigger is $117.12, target $118.82 (Saty ATR +1), stop below $116.08.

How often does the Double Bottom succeed?

The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice