SOXL Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B+
BEAR
ETF · Semis 3x Bull
SOXL is currently showing a bearish wedge compression on the 30-minute timeframe, graded B+ by the UnxEdge scanner. The current breakout level is $112.64, currently 2.96% away. This pattern has shown a 1.0x profit factor across 16 backtested trades.
Current Setup
Close$115.98 +4.08%
Breakout Level$112.64
Distance to Level2.96%
RVOL0.3×
Pressure85
PatternCompression
Trade Plan
Entry$111.91
Stop$113.66
TP1$110.17
TP2$108.42
TP3$106.68
Chart
Backtest Performance
Win Rate
50%
Profit Factor
1.00x
Avg R
-0.00R
Trades
16
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 15 | BEAR | A- | $166.75 | $172.34 | $161.17 | $161.17 | WIN | +1.00R | 2 |
| Jun 24 | BEAR | A- | $213.18 | $222.38 | $203.98 | $222.38 | LOSS | -1.00R | 2 |
| Jun 17 | BULL | A- | $256.86 | $246.46 | $267.27 | $246.46 | LOSS | -1.00R | 2 |
| Jun 1 | BULL | A- | $232.14 | $225.83 | $238.45 | $225.83 | LOSS | -1.00R | 5 |
| May 29 | BULL | A- | $234.23 | $228.09 | $240.37 | $228.09 | LOSS | -1.00R | 2 |
| May 22 | BULL | A+ | $181.78 | $177.44 | $186.11 | $186.11 | WIN | +1.00R | 2 |
| May 21 | BULL | A- | $175.68 | $170.89 | $180.48 | $170.89 | LOSS | -1.00R | 2 |
| May 5 | BULL | A- | $134.51 | $132.32 | $136.71 | $136.71 | WIN | +1.00R | 2 |
| May 4 | BULL | A- | $132.31 | $129.96 | $134.65 | $129.96 | LOSS | -1.00R | 2 |
| Apr 30 | BULL | A- | $118.85 | $116.25 | $121.46 | $121.46 | WIN | +1.00R | 2 |
| Apr 7 | BULL | A+ | $55.81 | $54.75 | $56.86 | $56.86 | WIN | +0.99R | 2 |
| Apr 6 | BULL | A- | $53.38 | $51.60 | $55.16 | $55.16 | WIN | +1.00R | 13 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-26 | B+ | BEAR | $112.64 | 2.96% | 85 | — |
| 2026-08-26 | B+ | BEAR | $112.64 | 2.70% | 88 | — |
| 2026-08-26 | B+ | BEAR | $112.64 | 2.33% | 92 | — |
| 2026-08-26 | A- | BEAR | $112.64 | 1.80% | 93 | — |
| 2026-08-24 | A- | BEAR | $116.72 | 3.35% | 62 | — |
| 2026-08-24 | A- | BEAR | $116.72 | 3.35% | 62 | — |
| 2026-08-24 | A- | BEAR | $116.72 | 3.35% | 62 | — |
| 2026-08-24 | A- | BEAR | $116.72 | 3.35% | 62 | — |
| 2026-08-21 | A- | BEAR | $116.72 | 3.35% | 62 | — |
| 2026-08-21 | A- | BEAR | $116.72 | 3.35% | 62 | — |
Bot Activity
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