JNJ Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BULL
Healthcare · Pharmaceuticals
JNJ is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $241.48, currently 1.36% away. This pattern has shown a 3.7x profit factor across 14 backtested trades.
Current Setup
Close$244.77 +1.85%
Breakout Level$241.48
Distance to Level1.36% (crossed)
RVOL1.0×
Pressure72
PatternCompression
Trade Plan
Entry$242.06
Stop$240.67
TP1$243.45
TP2$244.85
TP3$246.24
Chart
Backtest Performance
Win Rate
75%
Profit Factor
3.00x
Avg R
+0.50R
Trades
16
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 25 | BULL | A- | $242.06 | $240.67 | $243.45 | $243.45 | WIN | +1.00R | 2 |
| Jun 24 | BULL | A- | $242.06 | $240.67 | $243.45 | $240.67 | LOSS | -1.00R | 2 |
| Jun 2 | BEAR | A- | $221.84 | $223.05 | $220.64 | $223.05 | LOSS | -1.00R | 2 |
| May 21 | BULL | A- | $231.61 | $230.62 | $232.61 | $232.61 | WIN | +1.01R | 2 |
| May 11 | BEAR | A- | $220.61 | $221.43 | $219.80 | $221.43 | LOSS | -1.00R | 5 |
| May 6 | BEAR | A- | $224.09 | $224.94 | $223.25 | $223.25 | WIN | +0.99R | 3 |
| May 4 | BEAR | A- | $226.74 | $227.72 | $225.77 | $225.77 | WIN | +0.99R | 2 |
| Apr 20 | BEAR | A- | $233.69 | $234.71 | $232.66 | $232.66 | WIN | +1.01R | 6 |
| Apr 2 | BULL | A- | $245.87 | $244.85 | $246.90 | $246.90 | WIN | +1.01R | 2 |
| Mar 31 | BULL | A- | $243.38 | $242.18 | $244.58 | $244.58 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-25 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-25 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-25 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-25 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-24 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-24 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-24 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-24 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-24 | A- | BULL | $241.48 | 0.20% | 72 | — |
| 2026-06-24 | A- | BULL | $241.48 | 0.20% | 72 | — |
Bot Activity
No bot trades on JNJ yet.
Other Active Breakout Setups
Earnings
Next Report2026-07-15 · Before Market Open
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