BMY Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BULL
Healthcare · Pharmaceuticals
BMY is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $67.96, currently 1.71% away. This pattern has shown a 2.4x profit factor across 10 backtested trades.
Current Setup
Close$66.80 -1.07%
Breakout Level$67.96
Distance to Level1.71%
RVOL1.0×
Pressure74
PatternCompression
Trade Plan
Entry$68.10
Stop$67.77
TP1$68.43
TP2$68.76
TP3$69.09
Chart
Backtest Performance
Win Rate
70%
Profit Factor
2.37x
Avg R
+0.41R
Trades
10
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 21 | BULL | A- | $60.88 | $60.57 | $61.19 | $61.19 | WIN | +1.00R | 3 |
| Jul 13 | BULL | A- | $58.12 | $57.81 | $58.44 | $58.44 | WIN | +1.03R | 2 |
| Jun 29 | BULL | A- | $58.40 | $58.02 | $58.77 | $58.02 | LOSS | -1.00R | 2 |
| May 11 | BEAR | A- | $55.90 | $56.21 | $55.59 | $55.59 | WIN | +1.00R | 2 |
| May 8 | BEAR | A- | $55.90 | $56.21 | $55.59 | $56.21 | LOSS | -1.00R | 2 |
| May 6 | BEAR | A+ | $56.61 | $56.93 | $56.29 | $56.29 | WIN | +1.00R | 9 |
| May 5 | BEAR | A- | $56.78 | $57.18 | $56.39 | $57.18 | LOSS | -1.00R | 6 |
| Apr 15 | BEAR | A- | $57.99 | $58.26 | $57.71 | $57.71 | WIN | +1.04R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-27 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-27 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-27 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-27 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-26 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-26 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-26 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-26 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-26 | B | BULL | $67.96 | 0.56% | 74 | — |
| 2026-08-26 | B | BULL | $67.96 | 0.56% | 74 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-08-26 | BULL | — | — | — |
Other Active Breakout Setups
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