JNJ Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BULL
Healthcare · Pharmaceuticals
JNJ is currently showing a bullish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $263.28, currently 0.06% away. This pattern has shown a 2.4x profit factor across 17 backtested trades.
Current Setup
Close$263.12 +0.59%
Breakout Level$263.28
Distance to Level0.06%
RVOL0.5×
Pressure84
PatternChannel
Trade Plan
Entry$263.64
Stop$262.77
TP1$264.52
TP2$265.40
TP3$266.27
Chart
Backtest Performance
Win Rate
71%
Profit Factor
2.40x
Avg R
+0.41R
Trades
17
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 29 | BULL | A- | $258.39 | $257.14 | $259.65 | $257.14 | LOSS | -1.00R | 2 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-10-12 | B+ | BULL | $263.28 | 0.05% | 84 | — |
| 2026-10-12 | B+ | BULL | $263.28 | 0.08% | 86 | — |
| 2026-10-12 | B+ | BULL | $263.25 | 0.02% | 86 | — |
| 2026-10-12 | B+ | BULL | $263.24 | 0.12% | 84 | — |
| 2026-10-12 | B+ | BULL | $263.24 | 0.10% | 84 | — |
| 2026-10-12 | B+ | BULL | $263.23 | 0.05% | 82 | — |
| 2026-10-12 | B+ | BULL | $263.12 | 0.25% | 83 | — |
| 2026-10-12 | B+ | BULL | $263.12 | 0.14% | 82 | — |
| 2026-10-12 | B+ | BULL | $263.12 | 0.15% | 65 | — |
| 2026-10-12 | B+ | BULL | $263.12 | 0.17% | 65 | — |
Bot Activity
No bot trades on JNJ yet.
Other Active Breakout Setups
Earnings
Next Report2026-10-13 · Before Market Open
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