Decline depth
-22.4%
From rolling 252-day high of $135.50, 158d ago.
Past the 20% Watch threshold.
Amber List
XMEState Street SPDR S&P Metals &
-22.4%
from rolling 252-day high of $135.50 set 2026-01-26 · 158d ago
Current
$105.13
Decline depth
-22.4%
Decline σ
7.8σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$XME landed on the list 2026-06-24, down 21.0% from its 52-week high that day — now down -22.4%.
That's 1.5 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-06-24 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
XME qualifies for the Amber List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.8σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.61% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about XME.
XME qualifies for the Amber List on decline depth — down -22.4% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 7.8σ over 20 bars.
52-week range
52W low $66.09
56.1% of range
52W high $135.68
Related — same sector
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Questions about XME
What people ask.
Why is XME on Broken Stocks?
XME qualifies for the Amber List on decline depth. It is down -22.4% from its rolling 252-day high of $135.50, set on 2026-01-26 — 158d ago.
Is XME a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. XME is down -22.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is XME a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is XME trading inside its 52-week range?
At $105.13, XME sits 56.1% of the way from its 52-week low ($66.09) to its 52-week high ($135.68). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has XME been declining?
The current 22.4% decline accrued over 158d, which annualizes to roughly -51.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.