PENN Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BEAR
consumer
PENN is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $15.29, currently 1.01% away. This pattern has shown a 1.3x profit factor across 9 backtested trades.
Current Setup
Close$15.45 +0.95%
Breakout Level$15.29
Distance to Level1.01%
RVOL0.2×
Pressure84
PatternDescending Wedge
Trade Plan
Entry$15.24
Stop$15.36
TP1$15.11
TP2$14.98
TP3$14.86
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 |
|---|---|---|---|---|---|---|
| 2026-10-12 | B | BEAR | $15.29 | 1.01% | 84 | — |
| 2026-10-12 | B+ | BEAR | $15.29 | 0.92% | 63 | — |
| 2026-10-12 | B | BEAR | $15.29 | 0.92% | 63 | — |
| 2026-10-12 | B | BEAR | $15.29 | 1.31% | 63 | — |
| 2026-10-12 | B+ | BEAR | $15.29 | 1.31% | 60 | — |
| 2026-10-12 | B | BEAR | $15.29 | 1.31% | 60 | — |
| 2026-10-12 | B | BEAR | $15.29 | 1.05% | 61 | — |
| 2026-10-12 | B+ | BEAR | $15.29 | 0.79% | 55 | — |
| 2026-10-12 | B+ | BEAR | $15.29 | 0.69% | 53 | — |
| 2026-10-12 | B | BEAR | $15.29 | 0.52% | 48 | — |
Bot Activity
No bot trades on PENN yet.
Other Active Breakout Setups
Earnings
Next Report2026-11-05 · Before Market Open
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