XBI Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
ETF · Biotech
XBI is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $146.02, currently 0.84% away. This pattern has shown a 1.2x profit factor across 22 backtested trades.
Current Setup
Close$147.25 +0.73%
Breakout Level$146.02
Distance to Level0.84%
RVOL0.7×
Pressure73
PatternCompression
Trade Plan
Entry$145.54
Stop$146.69
TP1$144.40
TP2$143.25
TP3$142.10
Chart
Backtest Performance
Win Rate
55%
Profit Factor
1.20x
Avg R
+0.09R
Trades
22
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Aug 7 | BULL | A- | $155.40 | $154.25 | $156.54 | $156.54 | WIN | +0.99R | 10 |
| Aug 6 | BULL | A- | $155.40 | $154.25 | $156.54 | $154.25 | LOSS | -1.00R | 2 |
| Jul 24 | BEAR | A- | $150.64 | $151.84 | $149.44 | $151.84 | LOSS | -1.00R | 4 |
| Jul 23 | BEAR | A- | $151.62 | $152.49 | $150.75 | $152.49 | LOSS | -1.00R | 2 |
| Jul 2 | BULL | A- | $158.85 | $157.84 | $159.86 | $157.84 | LOSS | -1.00R | 5 |
| Jun 24 | BULL | A- | $150.17 | $148.89 | $151.46 | $151.46 | WIN | +1.01R | 5 |
| Jun 22 | BULL | A- | $141.64 | $140.49 | $142.78 | $142.78 | WIN | +0.99R | 2 |
| Jun 17 | BULL | A | $137.68 | $136.79 | $138.57 | $138.57 | WIN | +1.00R | 2 |
| May 27 | BULL | A- | $133.92 | $133.18 | $134.66 | $134.66 | WIN | +1.00R | 2 |
| May 13 | BULL | A- | $135.75 | $134.89 | $136.61 | $134.89 | LOSS | -1.00R | 4 |
| May 13 | BULL | A- | $135.74 | $134.90 | $136.57 | $134.90 | LOSS | -1.00R | 5 |
| May 11 | BULL | A- | $136.26 | $135.30 | $137.23 | $137.23 | WIN | +1.01R | 2 |
| May 6 | BULL | A- | $134.90 | $134.01 | $135.80 | $135.80 | WIN | +1.01R | 2 |
| Apr 6 | BULL | A- | $130.13 | $129.03 | $131.22 | $129.03 | LOSS | -1.00R | 8 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-10-15 | A- | BEAR | $146.02 | 0.82% | 73 | — |
| 2026-10-15 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-15 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-15 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-15 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-14 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-14 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-14 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-14 | A- | BEAR | $146.02 | 0.49% | 77 | — |
| 2026-10-14 | A- | BEAR | $146.02 | 0.49% | 77 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-07-23 | BEAR | — | — | — |
Other Active Breakout Setups
Earnings
No upcoming earnings scheduled.
Don't miss the next breakout
Subscribe to get real-time alerts when XBI approaches its breakout level.
See pricing