PENN Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BULL
consumer
PENN is currently showing a bullish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $21.80, currently 1.03% away. This pattern has shown a 0.5x profit factor across 6 backtested trades.
Current Setup
Close$22.02 +2.28%
Breakout Level$21.80
Distance to Level1.03% (crossed)
RVOL0.3×
Pressure98
PatternChannel
Trade Plan
Entry$21.86
Stop$21.70
TP1$22.03
TP2$22.20
TP3$22.37
Chart
Backtest Performance
Win Rate
43%
Profit Factor
0.75x
Avg R
-0.14R
Trades
7
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 2 | BULL | A- | $21.88 | $21.68 | $22.08 | $22.08 | WIN | +1.00R | 2 |
| Jun 2 | BULL | A- | $20.20 | $19.99 | $20.40 | $20.40 | WIN | +0.95R | 2 |
| May 26 | BULL | A- | $17.07 | $16.90 | $17.24 | $16.90 | LOSS | -1.00R | 3 |
| Apr 17 | BULL | A- | $16.29 | $16.13 | $16.44 | $16.13 | LOSS | -1.00R | 6 |
| Apr 14 | BULL | A- | $15.48 | $15.33 | $15.64 | $15.64 | WIN | +1.07R | 2 |
| Apr 9 | BULL | A- | $15.70 | $15.48 | $15.92 | $15.48 | LOSS | -1.00R | 11 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-07-02 | B+ | BULL | $21.80 | 0.92% | 98 | — |
| 2026-07-02 | B+ | BULL | $21.80 | 0.85% | 97 | — |
| 2026-07-02 | B | BULL | $21.80 | 0.71% | 76 | — |
| 2026-07-02 | A- | BULL | $21.80 | 0.85% | 79 | — |
| 2026-07-02 | A- | BULL | $21.80 | 1.31% | 74 | — |
| 2026-07-02 | A- | BULL | $21.80 | 1.31% | 74 | — |
| 2026-07-02 | A- | BULL | $21.80 | 1.31% | 74 | — |
| 2026-07-02 | A- | BULL | $21.80 | 1.31% | 74 | — |
| 2026-07-02 | A- | BULL | $21.80 | 1.31% | 74 | — |
| 2026-07-01 | A- | BULL | $21.80 | 1.31% | 74 | — |
Bot Activity
No bot trades on PENN yet.
Other Active Breakout Setups
Earnings
Next Report2026-08-06 · Before Market Open
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