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 $16.14, currently 5.11% away. This pattern has shown a 0.9x profit factor across 13 backtested trades.

Current Setup

Close$16.97 +1.65%
Breakout Level$16.14
Distance to Level5.11%
RVOL0.4×
Pressure69
PatternChannel

Trade Plan

Entry$16.04
Stop$16.29
TP1$15.80
TP2$15.56
TP3$15.32

Chart

RIVN breakout scanner chart

Backtest Performance

Win Rate
50%
Profit Factor
1.00x
Avg R
-0.00R
Trades
14
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 31 BEAR A- $16.04 $16.29 $15.80 $15.80 WIN +0.96R 2
Jul 9 BULL A- $17.47 $17.09 $17.84 $17.84 WIN +0.97R 2
Jun 24 BEAR A- $14.73 $14.95 $14.50 $14.50 WIN +1.05R 4
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
2026-07-30 A- BEAR $16.14 1.05% 69
2026-07-30 A- BEAR $16.14 1.21% 72
2026-07-30 A- BEAR $16.14 1.30% 63
2026-07-30 A- BEAR $16.14 1.08% 61
2026-07-30 A- BEAR $16.14 1.24% 57
2026-07-30 A- BEAR $16.14 1.46% 61
2026-07-30 A- BEAR $16.14 1.83% 59
2026-07-30 A- BEAR $16.14 1.39% 65
2026-07-30 B+ BEAR $16.14 1.86% 65
2026-07-30 A- BEAR $16.14 1.64% 66

Bot Activity

No bot trades on RIVN yet.

Other Active Breakout Setups

Earnings

Next Report2026-07-30 · After Market Close

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