Auto-detected technical analysis for ANET · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
ANET just broke higher out of a symmetrical triangle — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 82% of the time.
As long as price stays above $154.7, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $224.6 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
ANET is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a rising wedge is and how to trade it →
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on ANET's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jul 27, 2026 @ $171.48 | Jul 31, 2026 @ $180.35 | Loss | -1.11R |
| Falling Wedge | Apr 8, 2026 @ $143.00 | Apr 28, 2026 @ $165.29 | Win | +0.81R |
| Triangle | Mar 24, 2026 @ $129.55 | Apr 8, 2026 @ $145.07 | Loss | -1.79R |
| Bullish Pennant | Dec 19, 2025 @ $132.01 | Mar 27, 2026 @ $120.77 | Loss | -1.08R |
| Triangle | Nov 5, 2025 @ $142.67 | Nov 13, 2025 @ $130.69 | Win | +0.54R |
| Bullish Pennant | Jun 26, 2025 @ $99.00 | Aug 19, 2025 @ $132.78 | Win | +2.52R |
| Falling Wedge | Mar 3, 2025 @ $90.00 | Jul 30, 2025 @ $122.09 | Loss | -1.03R |
| Rising Wedge | Jan 22, 2025 @ $126.18 | Jan 27, 2025 @ $100.30 | Loss | -1.51R |
| Falling Wedge | Nov 5, 2024 @ $100.11 | Nov 8, 2024 @ $100.11 | Win | +0.00R |
| Triangle | Sep 12, 2024 @ $87.16 | Oct 15, 2024 @ $98.08 | Win | +1.23R |
| Rising Wedge | Jul 1, 2024 @ $89.18 | Jul 24, 2024 @ $81.47 | Loss | -1.04R |
| Rising Wedge | Apr 2, 2024 @ $72.75 | Apr 19, 2024 @ $63.05 | Win | +2.32R |
Price was turned away at a ceiling near $201.97 about 3 months ago and has been sliding since. On the weekly chart, the next floor below sits near $154.88 — still about 19% away.
Nearest auto-detected support sits near $180.71, resistance near $206.28. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $187.70 | $194.35 | $187.01 | $190.51 |
| Aug 3, 2026 | $174.42 | $186.57 | $173.45 | $184.89 |
| Jul 31, 2026 | $177.60 | $183.52 | $175.70 | $180.35 |
| Jul 30, 2026 | $164.56 | $171.51 | $164.48 | $171.02 |
| Jul 29, 2026 | $168.45 | $169.33 | $156.84 | $157.97 |
| Jul 28, 2026 | $165.57 | $169.97 | $159.27 | $169.71 |
| Jul 27, 2026 | $175.21 | $176.73 | $165.90 | $170.76 |
| Jul 24, 2026 | $174.00 | $177.51 | $170.91 | $173.99 |
| Jul 23, 2026 | $172.77 | $179.48 | $172.77 | $176.61 |
| Jul 22, 2026 | $171.14 | $176.41 | $170.00 | $174.87 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.