MRK Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
Healthcare · Pharmaceuticals
MRK is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $114.43, currently 0.36% away. This pattern has shown a 2.0x profit factor across 3 backtested trades.
Current Setup
Close$114.02 -0.42%
Breakout Level$114.43
Distance to Level0.36% (crossed)
RVOL1.6×
Pressure71
PatternCompression
Trade Plan
Entry$114.15
Stop$114.82
TP1$113.49
TP2$112.83
TP3$112.17
Chart
Backtest Performance
Win Rate
67%
Profit Factor
2.03x
Avg R
+0.34R
Trades
3
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|
| 2026-06-18 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-18 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-18 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-18 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-18 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-17 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-17 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-17 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-17 | A- | BEAR | $114.43 | 0.95% | 71 | — |
| 2026-06-17 | A- | BEAR | $114.43 | 0.95% | 71 | — |
Bot Activity
No bot trades on MRK yet.
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