OKTA Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BULL
Technology · Cybersecurity
OKTA is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $142.47, currently 4.22% away. This pattern has shown a 2.5x profit factor across 7 backtested trades.
Current Setup
Close$148.49
Breakout Level$142.47
Distance to Level4.22% (crossed)
RVOL0.5×
Pressure74
PatternCompression
Trade Plan
Entry$143.35
Stop$141.25
TP1$145.45
TP2$147.56
TP3$149.66
Chart
Backtest Performance
Win Rate
71%
Profit Factor
2.50x
Avg R
+0.43R
Trades
7
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 15 | BULL | A- | $119.06 | $117.76 | $120.37 | $117.76 | LOSS | -1.00R | 4 |
| May 22 | BULL | A | $91.84 | $91.12 | $92.56 | $91.12 | LOSS | -1.00R | 2 |
| May 21 | BULL | A- | $89.59 | $88.63 | $90.55 | $90.55 | WIN | +1.00R | 13 |
| May 7 | BULL | A- | $78.51 | $77.62 | $79.40 | $79.40 | WIN | +1.00R | 2 |
| Apr 28 | BULL | A- | $76.65 | $76.11 | $77.19 | $77.19 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-07-06 | B | BULL | $142.47 | 0.27% | 74 | breakout |
| 2026-07-06 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-06 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-06 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-06 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-02 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-02 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-02 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-02 | B | BULL | $142.47 | 0.74% | 86 | — |
| 2026-07-02 | B | BULL | $142.47 | 0.74% | 86 | — |
Bot Activity
No bot trades on OKTA yet.
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