FTNT Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BEAR
Technology · Cybersecurity
FTNT is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $150.40, currently 2.37% away. This pattern has shown a 2.6x profit factor across 18 backtested trades.
Current Setup
Close$153.96 +1.28%
Breakout Level$150.40
Distance to Level2.37%
RVOL0.8×
Pressure62
PatternChannel
Trade Plan
Entry$149.97
Stop$151.00
TP1$148.94
TP2$147.91
TP3$146.88
Chart
Backtest Performance
Win Rate
72%
Profit Factor
2.60x
Avg R
+0.44R
Trades
18
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 4 | BULL | A | $165.18 | $163.48 | $166.87 | $166.87 | WIN | +0.99R | 2 |
| Jul 28 | BEAR | A- | $150.95 | $151.92 | $149.98 | $149.98 | WIN | +1.00R | 2 |
| Jul 14 | BULL | A- | $162.49 | $161.02 | $163.96 | $163.96 | WIN | +1.00R | 2 |
| Jun 23 | BULL | A- | $148.04 | $146.86 | $149.23 | $146.86 | LOSS | -1.00R | 6 |
| Jun 22 | BULL | A- | $147.89 | $146.07 | $149.70 | $146.07 | LOSS | -1.00R | 3 |
| Jun 4 | BULL | A- | $149.80 | $148.46 | $151.13 | $148.46 | LOSS | -1.00R | 6 |
| Jun 4 | BULL | A- | $149.08 | $147.47 | $150.69 | $147.47 | LOSS | -1.00R | 3 |
| May 29 | BULL | A- | $130.32 | $129.35 | $131.29 | $131.29 | WIN | +1.00R | 2 |
| May 22 | BULL | A- | $130.18 | $129.00 | $131.36 | $131.36 | WIN | +1.00R | 2 |
| May 20 | BULL | A- | $128.73 | $127.42 | $130.04 | $130.04 | WIN | +1.00R | 9 |
| May 13 | BULL | A- | $116.17 | $115.26 | $117.09 | $117.09 | WIN | +1.01R | 4 |
| May 7 | BULL | A- | $90.45 | $89.56 | $91.34 | $91.34 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-25 | B+ | BEAR | $150.40 | 2.37% | 62 | — |
| 2026-08-25 | B+ | BEAR | $150.40 | 2.19% | 67 | — |
| 2026-08-25 | B | BEAR | $150.40 | 2.16% | 68 | — |
| 2026-08-25 | B+ | BEAR | $150.40 | 2.25% | 67 | — |
| 2026-08-25 | B | BEAR | $150.40 | 1.77% | 75 | — |
| 2026-08-25 | A- | BEAR | $150.40 | 1.77% | 74 | — |
| 2026-08-25 | A- | BEAR | $150.40 | 1.39% | 77 | — |
| 2026-08-25 | A- | BEAR | $150.40 | 1.66% | 75 | — |
| 2026-08-25 | B+ | BEAR | $150.40 | 1.82% | 70 | — |
| 2026-08-25 | A- | BEAR | $150.40 | 1.07% | 74 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-06-04 | BULL | — | — | Entry cutoff — past 15:45pm ET (grade A-) |
| 2026-06-04 | BULL | -19.88% | -0.20 | Stop loss $147.47 |
Other Active Breakout Setups
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