IBM Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BULL Technology · Enterprise IT

IBM is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $227.37, currently 1.89% away. This pattern has shown a 1.7x profit factor across 20 backtested trades.

Current Setup

Close$231.68 +1.62%
Breakout Level$227.37
Distance to Level1.89% (crossed)
RVOL1.0×
Pressure76
PatternCompression

Trade Plan

Entry$227.81
Stop$226.75
TP1$228.88
TP2$229.95
TP3$231.01

Chart

IBM breakout scanner chart

Backtest Performance

Win Rate
65%
Profit Factor
1.73x
Avg R
+0.25R
Trades
20
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 23 BEAR A- $202.21 $204.93 $199.48 $204.93 LOSS -1.00R 2
Jul 22 BEAR A- $206.77 $208.58 $204.96 $204.96 WIN +1.00R 2
Jul 22 BEAR A $208.45 $210.37 $206.52 $206.52 WIN +1.01R 4
Jul 21 BEAR A- $209.28 $211.30 $207.26 $211.30 LOSS -1.00R 2
Jul 6 BULL A- $291.98 $288.84 $295.13 $295.13 WIN +1.00R 2
Jul 1 BULL A- $283.53 $281.13 $285.93 $285.93 WIN +1.00R 2
May 28 BULL A+ $258.28 $256.19 $260.36 $260.36 WIN +1.00R 2
May 27 BULL A- $254.09 $251.61 $256.57 $256.57 WIN +1.00R 6
May 13 BEAR A- $218.78 $219.95 $217.60 $217.60 WIN +1.01R 2
May 6 BEAR A- $225.80 $227.20 $224.39 $227.20 LOSS -1.00R 5
Apr 20 BULL A- $255.35 $253.77 $256.93 $253.77 LOSS -1.00R 2
Apr 15 BULL A- $241.82 $240.41 $243.23 $243.23 WIN +1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-10-13 B BULL $227.37 0.14% 76 —
2026-10-13 B BULL $227.37 0.14% 76 —
2026-10-13 B BULL $227.37 0.14% 76 —
2026-10-13 B BULL $227.37 0.14% 76 —
2026-10-12 B BULL $227.37 0.14% 76 —
2026-10-12 B BULL $227.37 0.14% 76 —
2026-10-12 B BULL $227.37 0.14% 76 —
2026-10-12 B BULL $227.37 0.14% 76 —
2026-10-12 B BULL $227.37 0.14% 76 —
2026-10-12 B BULL $227.37 0.14% 76 —

Bot Activity

DateSideResultRExit
2026-07-06 BULL — — —

Other Active Breakout Setups

Earnings

Next Report2026-10-21 · After Market Close

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