GE Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B+ BEAR Industrials · Conglomerate

GE is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $339.69, currently 1.45% away. This pattern has shown a 1.2x profit factor across 13 backtested trades.

Current Setup

Close$334.77
Breakout Level$339.69
Distance to Level1.45% (crossed)
RVOL0.9×
Pressure72
PatternAscending Triangle

Trade Plan

Entry$339.05
Stop$340.58
TP1$337.52
TP2$336.00
TP3$334.47

Chart

GE breakout scanner chart

Backtest Performance

Win Rate
54%
Profit Factor
1.17x
Avg R
+0.08R
Trades
13
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Aug 6 BULL A- $385.23 $383.24 $387.22 $383.24 LOSS -1.00R 2
Aug 3 BULL A- $368.42 $366.31 $370.52 $370.52 WIN +1.00R 3
Jul 13 BEAR A- $354.39 $356.34 $352.45 $352.45 WIN +0.99R 2
Jul 1 BULL A- $376.28 $373.43 $379.13 $373.43 LOSS -1.00R 4
Jun 30 BULL A- $376.28 $373.43 $379.13 $373.43 LOSS -1.00R 2
Jun 17 BULL A- $353.73 $351.01 $356.45 $356.45 WIN +1.00R 2
Jun 4 BULL A- $323.69 $321.25 $326.13 $326.13 WIN +1.00R 3
May 29 BULL A- $323.32 $320.88 $325.76 $325.76 WIN +1.00R 4
Apr 15 BULL A- $315.78 $313.96 $317.59 $313.96 LOSS -1.00R 2
Apr 7 BULL A- $289.09 $287.25 $290.93 $287.25 LOSS -1.00R 5

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-08-31 B+ BEAR $339.69 0.86% 72
2026-08-31 B+ BEAR $339.69 0.86% 72
2026-08-31 B+ BEAR $339.69 0.86% 72
2026-08-31 B+ BEAR $339.69 0.86% 72
2026-08-31 B+ BEAR $339.69 0.86% 72
2026-08-28 B+ BEAR $339.69 0.86% 72
2026-08-28 B+ BEAR $339.69 0.86% 72
2026-08-28 B+ BEAR $339.69 0.86% 72
2026-08-28 B+ BEAR $339.69 0.86% 72
2026-08-28 B+ BEAR $339.69 0.86% 72

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