IBM Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BEAR
Technology · Enterprise IT
IBM is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $261.00, currently 0.55% away. This pattern has shown a 1.2x profit factor across 11 backtested trades.
Current Setup
Close$259.56 -0.62%
Breakout Level$261.00
Distance to Level0.55% (crossed)
RVOL1.0×
Pressure70
PatternCompression
Trade Plan
Entry$259.69
Stop$262.84
TP1$256.54
TP2$253.39
TP3$250.24
Chart
Backtest Performance
Win Rate
55%
Profit Factor
1.20x
Avg R
+0.09R
Trades
11
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| 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
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-25 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-25 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-25 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-25 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-24 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-24 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-24 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-24 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-24 | B | BEAR | $261.00 | 0.76% | 70 | — |
| 2026-06-24 | B | BEAR | $261.00 | 0.76% | 70 | — |
Bot Activity
No bot trades on IBM yet.
Other Active Breakout Setups
Earnings
Next Report2026-07-22 · After Market Close
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