CMG Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BULL
Consumer · Restaurants
CMG is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $31.78, currently 0.25% away. This pattern has shown a 1.5x profit factor across 10 backtested trades.
Current Setup
Close$31.70 +2.36%
Breakout Level$31.78
Distance to Level0.25%
RVOL0.6×
Pressure73
PatternCompression
Trade Plan
Entry$31.88
Stop$31.64
TP1$32.13
TP2$32.38
TP3$32.63
Chart
Backtest Performance
Win Rate
60%
Profit Factor
1.51x
Avg R
+0.20R
Trades
10
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 16 | BULL | A- | $33.23 | $33.01 | $33.45 | $33.01 | LOSS | -1.00R | 6 |
| Jun 16 | BULL | A- | $33.16 | $32.91 | $33.42 | $33.42 | WIN | +1.04R | 4 |
| May 26 | BEAR | A- | $32.31 | $32.53 | $32.09 | $32.09 | WIN | +1.00R | 3 |
| Apr 28 | BEAR | A- | $33.44 | $33.69 | $33.18 | $33.18 | WIN | +1.04R | 2 |
| Apr 17 | BULL | A- | $35.40 | $35.19 | $35.60 | $35.60 | WIN | +0.95R | 2 |
| Apr 15 | BULL | A- | $35.30 | $35.10 | $35.50 | $35.50 | WIN | +1.00R | 6 |
| Apr 13 | BULL | A- | $34.52 | $34.33 | $34.71 | $34.71 | WIN | +1.00R | 2 |
| Apr 6 | BULL | A- | $33.37 | $33.07 | $33.67 | $33.07 | LOSS | -1.00R | 13 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-24 | B | BULL | $31.78 | 0.61% | 73 | — |
| 2026-06-24 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-24 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-24 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-24 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-23 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-23 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-23 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-23 | A- | BEAR | $30.72 | 0.78% | 80 | — |
| 2026-06-23 | A- | BEAR | $30.72 | 0.78% | 80 | — |
Bot Activity
No bot trades on CMG yet.
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