MRK Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BULL
Healthcare · Pharmaceuticals
MRK is currently showing a bullish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $131.01, currently 0.44% away. This pattern has shown a 2.0x profit factor across 6 backtested trades.
Current Setup
Close$130.43 +1.74%
Breakout Level$131.01
Distance to Level0.44%
RVOL0.2×
Pressure88
PatternCompression
Trade Plan
Entry$131.23
Stop$130.70
TP1$131.77
TP2$132.31
TP3$132.85
Chart
Backtest Performance
Win Rate
67%
Profit Factor
2.00x
Avg R
+0.33R
Trades
6
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 2 | BULL | A- | $129.47 | $128.53 | $130.41 | $128.53 | LOSS | -1.00R | 2 |
| Jun 18 | BEAR | A- | $114.15 | $114.82 | $113.49 | $113.49 | WIN | +0.99R | 2 |
| May 21 | BULL | A- | $114.52 | $113.93 | $115.12 | $115.12 | WIN | +1.02R | 6 |
| Apr 9 | BULL | A- | $123.60 | $122.87 | $124.34 | $122.87 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-07-31 | A- | BULL | $131.01 | 0.32% | 88 | — |
| 2026-07-31 | A- | BULL | $131.01 | 0.24% | 89 | — |
| 2026-07-31 | A- | BULL | $131.01 | 0.19% | 89 | — |
| 2026-07-27 | B+ | BULL | $131.84 | 0.00% | 64 | — |
| 2026-07-27 | B+ | BULL | $131.71 | 0.35% | 78 | — |
| 2026-07-27 | B | BULL | $131.71 | 0.49% | 77 | — |
| 2026-07-27 | B | BULL | $131.71 | 0.49% | 72 | — |
| 2026-07-27 | B | BULL | $131.71 | 0.49% | 72 | — |
| 2026-07-27 | B | BULL | $131.71 | 0.49% | 72 | — |
| 2026-07-27 | B | BULL | $131.71 | 0.49% | 72 | — |
Bot Activity
No bot trades on MRK yet.
Other Active Breakout Setups
Earnings
Next Report2026-08-04 · Before Market Open
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