SHOP Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
Technology · E-Commerce Platform
SHOP is currently showing a bearish wedge compression on the daily timeframe, graded A- by the UnxEdge scanner. The current breakout level is $104.14, currently 3.83% away. This pattern has shown a 4.0x profit factor across 5 backtested trades.
Current Setup
Close$108.13 -4.50%
Breakout Level$104.14
Distance to Level3.83%
RVOL1.1×
Pressure64
PatternCompression
Trade Plan
Entry$101.19
Stop$108.27
TP1$94.11
TP2$79.95
TP3$65.79
Chart
Backtest Performance
Win Rate
80%
Profit Factor
4.02x
Avg R
+0.60R
Trades
5
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 11 | BEAR | A- | $105.94 | $107.31 | $104.56 | $104.56 | WIN | +1.01R | 3 |
| Apr 17 | BULL | A- | $129.21 | $127.68 | $130.74 | $130.74 | WIN | +1.00R | 2 |
| Apr 15 | BULL | A- | $119.35 | $118.09 | $120.62 | $120.62 | WIN | +1.01R | 2 |
| Apr 2 | BEAR | A- | $117.34 | $118.76 | $115.92 | $118.76 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-17 | A- | BULL | $113.96 | 1.17% | 77 | — |
| 2026-06-17 | B+ | BULL | $113.96 | 1.11% | 79 | — |
| 2026-06-17 | B+ | BULL | $113.96 | 0.93% | 79 | — |
| 2026-06-17 | B+ | BULL | $114.42 | 1.98% | 55 | — |
| 2026-06-17 | A- | BULL | $114.42 | 2.22% | 65 | — |
| 2026-06-17 | A- | BULL | $114.42 | 1.04% | 78 | — |
| 2026-06-17 | A- | BULL | $114.42 | 1.04% | 78 | — |
| 2026-06-17 | A- | BULL | $114.42 | 1.04% | 78 | — |
| 2026-06-17 | A- | BULL | $114.42 | 1.04% | 78 | — |
| 2026-06-16 | A- | BULL | $114.42 | 1.04% | 78 | — |
Bot Activity
No bot trades on SHOP yet.
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