CVNA Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
consumer
CVNA is currently showing a bearish wedge compression on the daily timeframe, graded A- by the UnxEdge scanner. The current breakout level is $61.04, currently 2.13% away. This pattern has shown a 1.3x profit factor across 7 backtested trades.
Current Setup
Close$62.34 -5.82%
Breakout Level$61.04
Distance to Level2.13%
RVOL1.5×
Pressure55
PatternChannel
Trade Plan
Entry$58.91
Stop$64.02
TP1$53.79
TP2$43.56
TP3$33.33
Chart
Backtest Performance
Win Rate
44%
Profit Factor
0.80x
Avg R
-0.11R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 23 | BEAR | A- | $64.72 | $65.67 | $63.78 | $65.67 | LOSS | -1.00R | 2 |
| Jun 23 | BEAR | A- | $65.70 | $66.84 | $64.56 | $66.84 | LOSS | -1.00R | 11 |
| May 15 | BEAR | A | $68.20 | $68.94 | $67.46 | $67.46 | WIN | +1.00R | 2 |
| May 12 | BEAR | A | $74.04 | $75.30 | $72.78 | $72.78 | WIN | +1.00R | 10 |
| May 6 | BULL | A- | $396.06 | $388.71 | $403.41 | $388.71 | LOSS | -1.00R | 4 |
| Apr 27 | BULL | A- | $411.01 | $406.87 | $415.15 | $406.87 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-23 | A- | BEAR | $65.11 | 0.96% | 50 | — |
| 2026-06-23 | A- | BEAR | $65.11 | 1.41% | 57 | — |
| 2026-06-23 | A- | BEAR | $65.11 | 1.67% | 58 | — |
| 2026-06-23 | B+ | BEAR | $65.11 | 2.22% | 65 | — |
| 2026-06-23 | A- | BEAR | $66.17 | 0.76% | 72 | — |
| 2026-06-23 | A- | BEAR | $66.17 | 0.76% | 72 | — |
| 2026-06-23 | A- | BEAR | $66.17 | 0.76% | 72 | — |
| 2026-06-23 | A- | BEAR | $66.17 | 0.76% | 72 | — |
| 2026-06-22 | A- | BEAR | $66.17 | 0.76% | 72 | — |
| 2026-06-22 | A- | BEAR | $66.17 | 0.76% | 72 | — |
Bot Activity
No bot trades on CVNA yet.
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