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 $230.95, currently 1.66% away. This pattern has shown a 3.5x profit factor across 9 backtested trades.
Current Setup
Close$227.12 -0.14%
Breakout Level$230.95
Distance to Level1.66%
RVOL0.3×
Pressure71
PatternCompression
Trade Plan
Entry$232.12
Stop$229.31
TP1$234.92
TP2$237.73
TP3$240.54
Chart
Backtest Performance
Win Rate
78%
Profit Factor
3.50x
Avg R
+0.55R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 28 | BEAR | A- | $136.36 | $138.07 | $134.65 | $134.65 | WIN | +1.00R | 2 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-10-13 | B | BULL | $230.95 | 1.66% | 71 | — |
| 2026-10-08 | A- | BULL | $220.11 | 0.59% | 60 | — |
| 2026-10-08 | A- | BULL | $220.11 | 0.07% | 52 | — |
| 2026-10-08 | A- | BULL | $219.20 | 0.57% | 69 | — |
| 2026-10-08 | A- | BULL | $219.20 | 0.57% | 69 | — |
| 2026-10-08 | A- | BULL | $219.20 | 0.57% | 69 | — |
| 2026-10-08 | A- | BULL | $219.20 | 0.57% | 69 | — |
| 2026-10-07 | A- | BULL | $219.20 | 0.57% | 69 | — |
| 2026-10-07 | A- | BULL | $219.20 | 0.57% | 69 | — |
| 2026-10-07 | A- | BULL | $219.20 | 0.57% | 69 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-09-10 | BULL | — | — | — |
| 2026-07-16 | BULL | — | — | — |
Other Active Breakout Setups
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