SLB Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BEAR
Energy · Oil Services
SLB is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $48.58, currently 0.30% away. This pattern has shown a 1.3x profit factor across 16 backtested trades.
Current Setup
Close$48.73 +1.60%
Breakout Level$48.58
Distance to Level0.30%
RVOL0.3×
Pressure85
PatternChannel
Trade Plan
Entry$48.48
Stop$48.73
TP1$48.23
TP2$47.98
TP3$47.73
Chart
Backtest Performance
Win Rate
56%
Profit Factor
1.27x
Avg R
+0.12R
Trades
16
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 4 | BULL | A- | $50.17 | $49.74 | $50.60 | $50.60 | WIN | +1.00R | 4 |
| Jul 20 | BEAR | A+ | $46.34 | $46.56 | $46.12 | $46.12 | WIN | +1.00R | 2 |
| Jun 29 | BEAR | A- | $46.50 | $46.86 | $46.13 | $46.86 | LOSS | -1.00R | 12 |
| Jun 24 | BEAR | A- | $47.20 | $47.58 | $46.83 | $46.83 | WIN | +0.97R | 2 |
| Jun 16 | BEAR | A- | $53.26 | $53.65 | $52.86 | $52.86 | WIN | +1.03R | 6 |
| Jun 11 | BEAR | A- | $55.08 | $55.57 | $54.58 | $55.57 | LOSS | -1.00R | 2 |
| Jun 1 | BEAR | A- | $54.22 | $54.58 | $53.85 | $54.58 | LOSS | -1.00R | 2 |
| May 18 | BULL | A+ | $56.14 | $55.78 | $56.49 | $56.49 | WIN | +0.97R | 2 |
| May 14 | BULL | A- | $55.81 | $55.39 | $56.23 | $55.39 | LOSS | -1.00R | 9 |
| Apr 30 | BULL | A- | $56.31 | $55.84 | $56.77 | $56.77 | WIN | +0.98R | 5 |
| Apr 15 | BULL | A- | $52.00 | $51.64 | $52.36 | $52.36 | WIN | +1.00R | 2 |
| Apr 8 | BULL | A- | $50.51 | $50.12 | $50.90 | $50.90 | WIN | +1.00R | 2 |
| Apr 7 | BULL | A- | $50.32 | $49.83 | $50.80 | $49.83 | LOSS | -1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-10-09 | B | BEAR | $48.58 | 0.30% | 85 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.24% | 85 | — |
| 2026-10-09 | B+ | BEAR | $48.58 | 0.21% | 81 | — |
| 2026-10-09 | B+ | BEAR | $48.58 | 0.26% | 83 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.48% | 88 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.73% | 92 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.56% | 76 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.72% | 76 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.57% | 75 | — |
| 2026-10-09 | B | BEAR | $48.58 | 0.65% | 75 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-09-03 | BULL | — | — | — |
Other Active Breakout Setups
Earnings
Next Report2026-10-16 · TBD
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