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 $54.77, currently 1.16% away. This pattern has shown a 2.5x profit factor across 7 backtested trades.
Current Setup
Close$55.41 -1.12%
Breakout Level$54.77
Distance to Level1.16%
RVOL1.0×
Pressure53
PatternCompression
Trade Plan
Entry$54.60
Stop$55.02
TP1$54.18
TP2$53.76
TP3$53.34
Chart
Backtest Performance
Win Rate
71%
Profit Factor
2.54x
Avg R
+0.44R
Trades
7
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|
| 2026-06-25 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-25 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-25 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-25 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-24 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-24 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-24 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-24 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-24 | A- | BEAR | $54.77 | 0.47% | 53 | — |
| 2026-06-24 | A- | BEAR | $54.77 | 0.47% | 53 | — |
Bot Activity
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