SOXS Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BULL etf

SOXS is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $48.45, currently 6.42% away. This pattern has shown a 1.2x profit factor across 11 backtested trades.

Current Setup

Close$51.56
Breakout Level$48.45
Distance to Level6.42% (crossed)
RVOL1.0×
Pressure91
PatternCompression

Trade Plan

Entry$48.83
Stop$47.92
TP1$49.75
TP2$50.67
TP3$51.58

Chart

SOXS breakout scanner chart

Backtest Performance

Win Rate
55%
Profit Factor
1.21x
Avg R
+0.10R
Trades
11
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jun 17 BEAR A- $3.99 $4.18 $3.79 $4.18 LOSS -1.00R 2
Jun 1 BEAR A- $6.11 $6.28 $5.93 $6.28 LOSS -1.00R 5
May 29 BEAR A- $6.03 $6.21 $5.84 $6.21 LOSS -1.00R 2
May 28 BEAR A- $6.28 $6.53 $6.02 $6.02 WIN +1.04R 11
May 22 BEAR A- $8.11 $8.35 $7.87 $7.87 WIN +1.00R 2
May 4 BEAR A- $12.77 $13.02 $12.52 $13.02 LOSS -1.00R 2
Apr 30 BEAR A- $14.30 $14.67 $13.94 $13.94 WIN +0.97R 2
Apr 21 BEAR A- $18.51 $18.81 $18.20 $18.20 WIN +1.03R 2
Apr 6 BEAR A- $35.48 $36.74 $34.21 $34.21 WIN +1.01R 13

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-08-24 B BULL $48.45 2.95% 91
2026-08-24 B BULL $48.45 2.95% 91
2026-08-24 B BULL $48.45 2.95% 91
2026-08-24 B BULL $48.45 2.95% 91
2026-08-21 B BULL $48.45 2.95% 91
2026-08-21 B BULL $48.45 2.95% 91
2026-08-21 B BULL $48.45 2.95% 91
2026-08-21 B BULL $48.45 2.95% 91
2026-08-21 B BULL $48.45 2.95% 91
2026-08-21 B BULL $48.45 2.95% 91

Bot Activity

DateSideResultRExit
2026-05-28 BEAR -48.18% -0.48 Stop Loss

Other Active Breakout Setups

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