PENN Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
consumer
PENN is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $18.20, currently 0.03% away. This pattern has shown a 1.3x profit factor across 9 backtested trades.
Current Setup
Close$18.20 -0.27%
Breakout Level$18.20
Distance to Level0.03%
RVOL0.3×
Pressure85
PatternCompression
Trade Plan
Entry$18.15
Stop$18.27
TP1$18.03
TP2$17.91
TP3$17.79
Chart
Backtest Performance
Win Rate
56%
Profit Factor
1.25x
Avg R
+0.11R
Trades
9
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 30 | BEAR | A- | $20.92 | $21.09 | $20.75 | $20.75 | WIN | +1.00R | 2 |
| Jul 23 | BEAR | A- | $20.69 | $20.86 | $20.52 | $20.52 | WIN | +1.00R | 3 |
| 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 |
|---|---|---|---|---|---|---|
| 2026-08-25 | A- | BEAR | $18.20 | 0.03% | 85 | — |
| 2026-08-25 | A- | BEAR | $18.20 | 0.03% | 86 | — |
| 2026-08-20 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-20 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-20 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-20 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-19 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-19 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-19 | B | BEAR | $18.43 | 0.70% | 74 | — |
| 2026-08-19 | B | BEAR | $18.43 | 0.70% | 74 | — |
Bot Activity
No bot trades on PENN yet.
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