Latest analyst takes
StockCharts TVBULLXME is building an inverse head-and-shoulders plus a larger cup-and-handle, with upside contingent on follow-through.7d ago
Stock Market MentorBULLXME (SPDR Metals & Mining ETF) is strengthening above its 8-, 21-, and 50-day moving averages despite Middle East de-escalation, and the chart setup suggests upside follow-through as it works back through February resistance.28d ago(speculative) XME is building an inverse head-and-shoulders plus a larger cup-and-handle, with upside contingent on follow-through.
XME has shown life after precious metals weakness, and the last few weeks put it back near the 125 level. A smaller inverse H&S and a bigger cup-and-handle both set up potential follow-through targets, but timing depends on the breakout holding.
XME (SPDR Metals & Mining ETF) is strengthening above its 8-, 21-, and 50-day moving averages despite Middle East de-escalation, and the chart setup suggests upside follow-through as it works back through February resistance.
XME trading above its 8-, 21-, and 50-day moving averages despite Middle East de-escalation suggests genuine sector strength. The chart's return through February resistance points to a potential cup-pattern continuation higher.