ETN Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
industrial
ETN is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $414.42, currently 0.02% away. This pattern has shown a 0.5x profit factor across 9 backtested trades.
Current Setup
Close$414.34 -1.24%
Breakout Level$414.42
Distance to Level0.02% (crossed)
RVOL0.7×
Pressure66
PatternCompression
Trade Plan
Entry$413.14
Stop$416.21
TP1$410.07
TP2$407.01
TP3$403.94
Chart
Backtest Performance
Win Rate
33%
Profit Factor
0.50x
Avg R
-0.33R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 5 | BULL | A++ | $452.33 | $448.18 | $456.47 | $448.18 | LOSS | -1.00R | 12 |
| Aug 4 | BULL | A- | $440.75 | $435.53 | $445.98 | $445.98 | WIN | +1.00R | 9 |
| Jun 2 | BULL | A+ | $406.86 | $404.16 | $409.56 | $409.56 | WIN | +1.00R | 2 |
| May 15 | BEAR | A- | $402.29 | $404.64 | $399.94 | $399.94 | WIN | +1.00R | 2 |
| May 4 | BULL | A- | $432.37 | $429.63 | $435.12 | $429.63 | LOSS | -1.00R | 2 |
| Apr 29 | BULL | A- | $415.74 | $413.26 | $418.22 | $413.26 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-28 | A- | BEAR | $414.42 | 0.02% | 66 | breakout |
| 2026-08-28 | A- | BEAR | $414.52 | 0.28% | 73 | — |
| 2026-08-28 | B+ | BEAR | $414.52 | 0.07% | 68 | — |
| 2026-08-28 | B+ | BEAR | $415.43 | 0.02% | 72 | — |
| 2026-08-28 | A- | BEAR | $415.43 | 0.15% | 75 | — |
| 2026-08-28 | A- | BEAR | $415.43 | 0.15% | 75 | — |
| 2026-08-28 | A- | BEAR | $415.43 | 0.15% | 75 | — |
| 2026-08-28 | A- | BEAR | $415.43 | 0.15% | 75 | — |
| 2026-08-27 | A- | BEAR | $415.43 | 0.15% | 75 | — |
| 2026-08-27 | A- | BEAR | $415.43 | 0.15% | 75 | — |
Bot Activity
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