CMG Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A
BEAR
Consumer · Restaurants
CMG is currently showing a bearish wedge compression on the 30-minute timeframe, graded A by the UnxEdge scanner. The current breakout level is $29.97, currently 3.17% away. This pattern has shown a 2.0x profit factor across 12 backtested trades.
Current Setup
Close$30.92 +1.73%
Breakout Level$29.97
Distance to Level3.17%
RVOL1.0×
Pressure48
PatternAscending Wedge
Trade Plan
Entry$29.89
Stop$30.08
TP1$29.70
TP2$29.50
TP3$29.31
Chart
Backtest Performance
Win Rate
67%
Profit Factor
2.02x
Avg R
+0.34R
Trades
12
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 22 | BEAR | A- | $32.68 | $32.93 | $32.42 | $32.42 | WIN | +1.04R | 2 |
| Jun 30 | BULL | A- | $33.15 | $32.89 | $33.41 | $33.41 | WIN | +1.00R | 2 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-10-15 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-15 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-15 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-15 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-14 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-14 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-14 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-14 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-14 | A | BEAR | $29.97 | 1.83% | 48 | — |
| 2026-10-14 | A | BEAR | $29.97 | 1.83% | 48 | — |
Bot Activity
No bot trades on CMG yet.
Other Active Breakout Setups
Earnings
Next Report2026-10-28 · After Market Close
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