BMY Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
Healthcare · Pharmaceuticals
BMY is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $58.91, currently 0.18% away. This pattern has shown a 2.4x profit factor across 10 backtested trades.
Current Setup
Close$59.02
Breakout Level$58.91
Distance to Level0.18%
RVOL1.0×
Pressure73
PatternCompression
Trade Plan
Entry$58.74
Stop$59.15
TP1$58.33
TP2$57.92
TP3$57.51
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 |
|---|---|---|---|---|---|---|
| 2026-10-12 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-12 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-12 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-12 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-09 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-09 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-09 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-09 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-09 | A- | BEAR | $58.91 | 0.34% | 73 | — |
| 2026-10-09 | A- | BEAR | $58.91 | 0.34% | 73 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-08-26 | BULL | — | — | — |
Other Active Breakout Setups
Earnings
Next Report2026-10-29 · Before Market Open
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