XLK Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BULL
ETF · Technology
XLK is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $196.34, currently 1.09% away. This pattern has shown a 1.0x profit factor across 12 backtested trades.
Current Setup
Close$194.19 +0.08%
Breakout Level$196.34
Distance to Level1.09%
RVOL1.0×
Pressure68
PatternCompression
Trade Plan
Entry$196.71
Stop$195.83
TP1$197.58
TP2$198.46
TP3$199.33
Chart
Backtest Performance
Win Rate
50%
Profit Factor
1.00x
Avg R
-0.00R
Trades
12
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 24 | BEAR | A- | $182.03 | $183.44 | $180.62 | $183.44 | LOSS | -1.00R | 6 |
| Jun 18 | BULL | A- | $190.19 | $188.59 | $191.78 | $191.78 | WIN | +0.99R | 12 |
| Jun 9 | BEAR | A | $182.67 | $183.94 | $181.41 | $181.41 | WIN | +0.99R | 2 |
| May 28 | BULL | A- | $185.31 | $184.15 | $186.48 | $186.48 | WIN | +1.01R | 3 |
| May 21 | BULL | A- | $178.50 | $177.54 | $179.47 | $177.54 | LOSS | -1.00R | 3 |
| May 21 | BULL | A- | $177.60 | $176.59 | $178.61 | $176.59 | LOSS | -1.00R | 2 |
| Apr 30 | BULL | A- | $159.29 | $158.56 | $160.03 | $160.03 | WIN | +1.01R | 6 |
| Apr 21 | BULL | A- | $154.78 | $154.21 | $155.34 | $155.34 | WIN | +0.98R | 2 |
| Apr 6 | BULL | A- | $136.26 | $135.16 | $137.37 | $135.16 | LOSS | -1.00R | 14 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-10-14 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-14 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-14 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-14 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-13 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-13 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-13 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-13 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-13 | B | BULL | $196.34 | 0.04% | 68 | — |
| 2026-10-13 | B | BULL | $196.34 | 0.04% | 68 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-10-06 | BULL | — | — | — |
| 2026-05-28 | BULL | — | — | GATE BLOCKED: negative_edge |
Other Active Breakout Setups
Earnings
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