IWM Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BULL
ETF · Russell 2000
IWM is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $299.08, currently 0.03% away. This pattern has shown a 0.7x profit factor across 15 backtested trades.
Current Setup
Close$298.98 +0.29%
Breakout Level$299.08
Distance to Level0.03%
RVOL1.0×
Pressure77
PatternCompression
Trade Plan
Entry$299.39
Stop$297.90
TP1$300.87
TP2$302.36
TP3$303.84
Chart
Backtest Performance
Win Rate
40%
Profit Factor
0.67x
Avg R
-0.20R
Trades
15
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 17 | BULL | A- | $295.28 | $293.98 | $296.59 | $293.98 | LOSS | -1.00R | 6 |
| Jun 9 | BEAR | A- | $283.29 | $284.76 | $281.83 | $281.83 | WIN | +0.99R | 2 |
| Jun 4 | BULL | A- | $292.01 | $291.08 | $292.95 | $291.08 | LOSS | -1.00R | 5 |
| May 28 | BULL | A- | $291.93 | $290.72 | $293.14 | $290.72 | LOSS | -1.00R | 11 |
| May 14 | BULL | A- | $284.78 | $283.65 | $285.91 | $283.65 | LOSS | -1.00R | 5 |
| May 14 | BULL | A- | $283.77 | $282.65 | $284.90 | $282.65 | LOSS | -1.00R | 2 |
| May 11 | BULL | A- | $285.17 | $284.14 | $286.21 | $286.21 | WIN | +1.01R | 2 |
| May 5 | BULL | A- | $281.02 | $279.96 | $282.09 | $282.09 | WIN | +1.01R | 2 |
| May 4 | BULL | A- | $280.23 | $279.21 | $281.25 | $279.21 | LOSS | -1.00R | 3 |
| Apr 16 | BULL | A- | $269.68 | $268.82 | $270.54 | $268.82 | LOSS | -1.00R | 5 |
| Apr 13 | BULL | A- | $262.88 | $262.11 | $263.65 | $263.65 | WIN | +1.00R | 2 |
| Apr 7 | BULL | A+ | $253.23 | $252.16 | $254.31 | $252.16 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-29 | A- | BULL | $299.08 | 0.03% | 77 | — |
| 2026-06-29 | A- | BULL | $299.08 | 0.03% | 77 | — |
| 2026-06-29 | A- | BULL | $299.08 | 0.03% | 77 | — |
| 2026-06-29 | A- | BULL | $299.08 | 0.03% | 77 | — |
| 2026-06-29 | A- | BULL | $299.08 | 0.03% | 77 | — |
| 2026-06-29 | A- | BULL | $299.08 | 0.01% | 75 | — |
| 2026-06-29 | A- | BULL | $298.73 | 0.09% | 86 | — |
| 2026-06-29 | A- | BULL | $298.71 | 0.13% | 89 | — |
| 2026-06-29 | A- | BULL | $298.71 | 0.10% | 87 | — |
| 2026-06-29 | A- | BULL | $298.54 | 0.01% | 87 | breakout |
Bot Activity
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