OXY Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

A- BEAR Energy · Oil & Gas

OXY is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $56.45, currently 0.14% away. This pattern has shown a 3.5x profit factor across 9 backtested trades.

Current Setup

Close$56.53
Breakout Level$56.45
Distance to Level0.14%
RVOL1.0×
Pressure84
PatternCompression

Trade Plan

Entry$56.21
Stop$56.79
TP1$55.63
TP2$55.04
TP3$54.46

Chart

OXY breakout scanner chart

Backtest Performance

Win Rate
78%
Profit Factor
3.49x
Avg R
+0.55R
Trades
9
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jun 11 BEAR A- $56.81 $57.25 $56.36 $56.36 WIN +1.02R 2
Jun 9 BEAR A- $57.02 $57.43 $56.61 $56.61 WIN +1.00R 2
Jun 3 BULL A- $59.54 $59.23 $59.85 $59.85 WIN +1.00R 2
May 29 BEAR A- $56.76 $57.26 $56.27 $56.27 WIN +0.98R 3
May 19 BULL A- $60.59 $60.16 $61.02 $61.02 WIN +1.00R 5
May 8 BEAR A- $53.16 $53.50 $52.81 $53.50 LOSS -1.00R 2
Apr 13 BEAR A- $57.55 $57.94 $57.15 $57.94 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-06-15 A- BEAR $56.45 0.14% 84
2026-06-12 A- BEAR $56.45 0.14% 84
2026-06-12 A- BEAR $56.45 0.14% 84
2026-06-12 A- BEAR $56.45 0.14% 84
2026-06-12 A- BEAR $56.45 0.14% 84
2026-06-12 A- BEAR $56.45 0.14% 84
2026-06-12 A- BEAR $56.45 0.14% 84
2026-06-12 B+ BEAR $56.52 0.02% 87
2026-06-12 B+ BEAR $56.62 0.06% 88 breakout
2026-06-12 B+ BEAR $56.62 0.13% 88

Bot Activity

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