ABBV Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BULL
Healthcare · Pharmaceuticals
ABBV is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $237.29, currently 2.50% away. This pattern has shown a 4.0x profit factor across 5 backtested trades.
Current Setup
Close$243.23 +2.85%
Breakout Level$237.29
Distance to Level2.50% (crossed)
RVOL0.4×
Pressure61
PatternChannel
Trade Plan
Entry$238.03
Stop$236.25
TP1$239.82
TP2$241.61
TP3$243.40
Chart
Backtest Performance
Win Rate
80%
Profit Factor
3.99x
Avg R
+0.60R
Trades
5
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| May 19 | BULL | A- | $213.30 | $212.07 | $214.53 | $214.53 | WIN | +1.00R | 2 |
| Apr 24 | BEAR | A- | $200.22 | $201.30 | $199.14 | $199.14 | WIN | +1.00R | 2 |
| Apr 21 | BEAR | A- | $203.40 | $204.70 | $202.09 | $204.70 | LOSS | -1.00R | 2 |
| Apr 7 | BEAR | A- | $205.14 | $206.19 | $204.10 | $204.10 | WIN | +0.99R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-25 | B | BULL | $237.29 | 0.23% | 61 | — |
| 2026-06-25 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-25 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-25 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-25 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-25 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-24 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-24 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-24 | B+ | BULL | $237.29 | 1.00% | 73 | — |
| 2026-06-24 | B+ | BULL | $237.29 | 1.00% | 73 | — |
Bot Activity
No bot trades on ABBV yet.
Other Active Breakout Setups
Earnings
No upcoming earnings scheduled.
Don't miss the next breakout
Subscribe to get real-time alerts when ABBV approaches its breakout level.
See pricing