SMH Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BEAR
ETF · Semiconductors
SMH is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $574.75, currently 0.26% away. This pattern has shown a 0.8x profit factor across 14 backtested trades.
Current Setup
Close$576.24 -2.03%
Breakout Level$574.75
Distance to Level0.26%
RVOL0.5×
Pressure50
PatternAscending Wedge
Trade Plan
Entry$572.35
Stop$578.11
TP1$566.58
TP2$560.82
TP3$555.05
Chart
Backtest Performance
Win Rate
43%
Profit Factor
0.75x
Avg R
-0.14R
Trades
14
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 18 | BULL | A- | $647.01 | $638.11 | $655.90 | $655.90 | WIN | +1.00R | 2 |
| Jun 1 | BULL | A- | $607.28 | $602.86 | $611.70 | $611.70 | WIN | +1.00R | 5 |
| May 29 | BULL | A- | $606.63 | $602.00 | $611.26 | $602.00 | LOSS | -1.00R | 2 |
| May 28 | BULL | A- | $599.32 | $592.72 | $605.93 | $605.93 | WIN | +1.00R | 11 |
| May 21 | BULL | A- | $570.32 | $566.21 | $574.43 | $566.21 | LOSS | -1.00R | 3 |
| May 21 | BULL | A- | $566.61 | $561.84 | $571.38 | $561.84 | LOSS | -1.00R | 2 |
| May 5 | BULL | A- | $513.17 | $510.32 | $516.02 | $516.02 | WIN | +1.00R | 2 |
| Apr 30 | BULL | A- | $500.12 | $496.86 | $503.38 | $496.86 | LOSS | -1.00R | 2 |
| Apr 21 | BULL | A- | $464.57 | $462.45 | $466.68 | $466.68 | WIN | +1.00R | 2 |
| Apr 6 | BULL | A- | $394.27 | $390.27 | $398.26 | $390.27 | LOSS | -1.00R | 16 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-10-14 | B+ | BEAR | $574.75 | 0.54% | 50 | — |
| 2026-10-14 | A- | BEAR | $574.75 | 0.49% | 50 | — |
| 2026-10-14 | B+ | BEAR | $574.75 | 0.80% | 53 | — |
| 2026-10-14 | B+ | BEAR | $574.75 | 0.44% | 54 | — |
| 2026-10-13 | B+ | BEAR | $574.75 | 1.96% | 75 | — |
| 2026-10-13 | B+ | BEAR | $574.75 | 1.82% | 78 | — |
| 2026-10-13 | A- | BEAR | $574.75 | 1.54% | 70 | — |
| 2026-10-13 | A- | BEAR | $574.75 | 1.70% | 73 | — |
| 2026-10-06 | A- | BULL | $634.76 | 0.35% | 66 | breakout |
| 2026-10-06 | A- | BULL | $634.76 | 0.07% | 72 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-06-01 | BULL | — | — | Entry cutoff — past 3:45pm ET |
Other Active Breakout Setups
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