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 $266.83, currently 1.25% away. This pattern has shown a 2.0x profit factor across 9 backtested trades.
Current Setup
Close$263.50 -0.38%
Breakout Level$266.83
Distance to Level1.25%
RVOL0.4×
Pressure79
PatternCompression
Trade Plan
Entry$267.26
Stop$266.23
TP1$268.30
TP2$269.33
TP3$270.36
Chart
Backtest Performance
Win Rate
67%
Profit Factor
2.00x
Avg R
+0.33R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 6 | BEAR | A- | $241.61 | $243.56 | $239.66 | $243.56 | LOSS | -1.00R | 2 |
| Jul 22 | BULL | A- | $257.54 | $256.38 | $258.71 | $256.38 | LOSS | -1.00R | 2 |
| Jul 2 | BULL | A- | $253.10 | $251.54 | $254.66 | $254.66 | WIN | +1.00R | 2 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-08-26 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-26 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-26 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-26 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-26 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-25 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-25 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-25 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-25 | B+ | BULL | $266.83 | 0.41% | 79 | — |
| 2026-08-25 | B+ | BULL | $266.83 | 0.41% | 79 | — |
Bot Activity
No bot trades on ABBV yet.
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