American Water Works (AWK) Chart Patterns, Support & Resistance & Technical Analysis

AWK Rising Wedge Pattern

AWK is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $125.85 (−8.2%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; AWK's own rising wedges have hit 64.7%.

New to this pattern? What a rising wedge is and how to trade it →

AWK's Most Recent Falling Wedge Trade

AWK's most recent completed falling wedge resolved as a win: it broke higher on Jun 2, 2026 near $123.44, then reached its target at $131.88 on Jul 8, 2026 — a +5.62R move (6.8%) over 24 sessions. Across 87 backtested falling wedges, this setup wins 59.8% of the time.

Learn about falling wedge→

How Rising Wedges Have Performed

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

AWK Pattern Trade History

Every completed pattern trade our nightly backtest found on AWK's daily chart, newest first — wins and losses alike.

AWK Support and Resistance Levels

Price found a floor near $127.78 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $160.50 — still about 20% away.

• Traders commonly watch $160.50 as a target (its 61.8% extension) — think of it as a sensible next stop, not a guarantee.
• That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
• There's nothing to act on here — the spot to watch was the $127.78 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $128.14, resistance near $163.56. These are chart/swing-derived levels, not formula pivots.

AWK Recent Daily Prices

AWK Frequently Asked Questions