RIVN Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

A- BEAR Consumer · Electric Vehicles

RIVN is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $14.79, currently 5.10% away. This pattern has shown a 0.4x profit factor across 10 backtested trades.

Current Setup

Close$15.55 -1.14%
Breakout Level$14.79
Distance to Level5.10%
RVOL0.9×
Pressure70
PatternCompression

Trade Plan

Entry$14.69
Stop$14.95
TP1$14.42
TP2$14.16
TP3$13.89

Chart

RIVN breakout scanner chart

Backtest Performance

Win Rate
30%
Profit Factor
0.43x
Avg R
-0.40R
Trades
10
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
May 27 BULL A- $14.75 $14.61 $14.89 $14.61 LOSS -1.00R 3
May 12 BEAR A- $13.97 $14.12 $13.82 $13.82 WIN +1.00R 2
May 7 BEAR A+ $14.36 $14.51 $14.21 $14.21 WIN +1.00R 2
May 6 BEAR A- $14.50 $14.69 $14.31 $14.69 LOSS -1.00R 7
Apr 22 BULL A- $17.53 $17.29 $17.77 $17.29 LOSS -1.00R 2
Apr 15 BULL A- $16.32 $16.08 $16.56 $16.08 LOSS -1.00R 4
Apr 10 BULL A- $15.83 $15.63 $16.03 $15.63 LOSS -1.00R 2
Apr 2 BEAR A- $14.83 $15.03 $14.62 $15.03 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-06-11 A- BEAR $14.79 3.82% 70
2026-06-11 B+ BEAR $14.79 2.94% 79
2026-06-10 B+ BEAR $14.94 0.54% 71
2026-06-10 B+ BEAR $14.96 0.00% 68
2026-06-10 B+ BEAR $15.02 0.10% 76
2026-06-10 B+ BEAR $15.23 0.13% 74
2026-06-10 B+ BEAR $15.29 0.07% 79
2026-06-04 A- BULL $18.50 0.38% 88
2026-06-04 A- BULL $18.50 0.30% 87
2026-06-04 A- BULL $18.40 0.49% 97

Bot Activity

No bot trades on RIVN yet.

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