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 $267.17, currently 0.03% away. This pattern has shown a 2.4x profit factor across 17 backtested trades.

Current Setup

Close$267.08 -1.16%
Breakout Level$267.17
Distance to Level0.03%
RVOL0.5×
Pressure90
PatternCompression

Trade Plan

Entry$267.57
Stop$266.62
TP1$268.52
TP2$269.47
TP3$270.42

Chart

JNJ breakout scanner chart

Backtest Performance

Win Rate
71%
Profit Factor
2.40x
Avg R
+0.41R
Trades
17
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
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

DateGradeSideBreakoutDistPressureResolution
2026-08-28 B+ BULL $267.17 0.07% 90
2026-08-28 B BULL $267.17 0.14% 92
2026-08-26 A- BULL $273.73 0.18% 80
2026-08-26 A- BULL $273.73 0.18% 80
2026-08-26 A- BULL $273.73 0.18% 80
2026-08-26 A- BULL $273.73 0.18% 80
2026-08-25 A- BULL $273.73 0.18% 80
2026-08-25 A- BULL $273.73 0.18% 80
2026-08-25 A- BULL $273.73 0.18% 80
2026-08-25 A- BULL $273.73 0.18% 80

Bot Activity

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