QQQ Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
ETF · Nasdaq 100
QQQ is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $707.50, currently 0.16% away. This pattern has shown a 1.2x profit factor across 21 backtested trades.
Current Setup
Close$708.61 +0.40%
Breakout Level$707.50
Distance to Level0.16%
RVOL0.4×
Pressure90
PatternChannel
Trade Plan
Entry$707.10
Stop$709.01
TP1$705.19
TP2$703.28
TP3$701.37
Chart
Backtest Performance
Win Rate
52%
Profit Factor
1.20x
Avg R
+0.09R
Trades
21
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 7 | BULL | A- | $719.96 | $716.64 | $723.28 | $723.28 | WIN | +1.00R | 4 |
| Jul 29 | BEAR | A- | $668.54 | $673.02 | $664.06 | $664.06 | WIN | +1.00R | 5 |
| Jul 28 | BEAR | A- | $668.57 | $672.89 | $664.25 | $672.89 | LOSS | -1.00R | 2 |
| Jul 10 | BULL | A- | $725.84 | $722.95 | $728.74 | $722.95 | LOSS | -1.00R | 6 |
| Jun 22 | BULL | A- | $740.83 | $737.44 | $744.22 | $737.44 | LOSS | -1.00R | 2 |
| Jun 10 | BEAR | A- | $694.49 | $701.24 | $687.74 | $701.24 | LOSS | -1.00R | 3 |
| Jun 3 | BULL | A- | $746.85 | $744.85 | $748.86 | $744.85 | LOSS | -1.00R | 2 |
| Jun 1 | BULL | A | $742.13 | $739.31 | $744.94 | $744.94 | WIN | +1.00R | 5 |
| May 28 | BULL | A- | $731.42 | $728.52 | $734.33 | $734.33 | WIN | +1.00R | 3 |
| May 21 | BULL | A- | $713.73 | $710.69 | $716.78 | $716.78 | WIN | +1.00R | 2 |
| May 13 | BULL | A- | $715.03 | $712.68 | $717.37 | $717.37 | WIN | +1.00R | 5 |
| Apr 21 | BULL | A- | $649.12 | $647.34 | $650.89 | $647.34 | LOSS | -1.00R | 2 |
| Apr 17 | BULL | A- | $642.66 | $640.37 | $644.94 | $644.94 | WIN | +1.00R | 2 |
| Apr 13 | BULL | A- | $614.03 | $612.31 | $615.74 | $615.74 | WIN | +0.99R | 7 |
| Apr 6 | BULL | A- | $586.87 | $582.93 | $590.81 | $582.93 | LOSS | -1.00R | 13 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-26 | A- | BEAR | $707.50 | 0.25% | 90 | — |
| 2026-08-26 | A- | BEAR | $707.50 | 0.23% | 90 | — |
| 2026-08-26 | A- | BEAR | $707.50 | 0.23% | 90 | — |
| 2026-08-26 | A- | BEAR | $707.50 | 0.28% | 86 | — |
| 2026-08-26 | B | BEAR | $707.50 | 0.51% | 87 | — |
| 2026-08-26 | B+ | BEAR | $707.50 | 0.39% | 90 | — |
| 2026-08-26 | B | BEAR | $707.50 | 0.40% | 76 | — |
| 2026-08-26 | B+ | BEAR | $707.50 | 0.36% | 77 | — |
| 2026-08-26 | B | BEAR | $707.50 | 0.45% | 76 | — |
| 2026-08-26 | B+ | BEAR | $707.50 | 0.40% | 77 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-06-04 | BULL | — | — | Removed from watchlist — 3 consecutive refresh misses |
| 2026-06-03 | BULL | -31.71% | -0.32 | Underlying Stop ($744.85) |
| 2026-06-01 | BULL | +6.52% | 0.07 | Trailing Floor (+10% locked after +15% peak) |
| 2026-06-01 | BULL | — | — | Entry cutoff — past 3:45pm ET |
| 2026-05-28 | BULL | +6.06% | 0.06 | Trailing Floor (+10% locked after +21% peak) |
Other Active Breakout Setups
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