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 $117.84, currently 0.62% away. This pattern has shown a 1.0x profit factor across 16 backtested trades.
Current Setup
Close$118.57 -6.41%
Breakout Level$117.84
Distance to Level0.62%
RVOL0.6×
Pressure47
PatternCompression
Trade Plan
Entry$115.96
Stop$120.47
TP1$111.46
TP2$106.95
TP3$102.45
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 |
|---|---|---|---|---|---|---|
| 2026-10-14 | B+ | BEAR | $117.84 | 1.31% | 47 | — |
| 2026-10-14 | A- | BEAR | $117.84 | 1.24% | 46 | — |
| 2026-10-14 | B+ | BEAR | $117.84 | 2.18% | 48 | — |
| 2026-10-14 | A- | BEAR | $117.84 | 0.98% | 45 | — |
| 2026-10-13 | B | BEAR | $117.84 | 7.18% | 60 | — |
| 2026-10-13 | B+ | BEAR | $117.84 | 6.70% | 59 | — |
| 2026-10-13 | B+ | BEAR | $117.84 | 6.24% | 65 | — |
| 2026-10-12 | B | BEAR | $137.74 | 4.28% | 66 | breakout |
| 2026-10-12 | B | BEAR | $137.74 | 1.45% | 79 | — |
| 2026-10-12 | B | BEAR | $137.74 | 1.45% | 79 | — |
Bot Activity
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