Bunge (BG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BG · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$106.73last close · Aug 4, 202652-week range $76.01 – $134.87 · 20.86% below the high

BG Rising Wedge Pattern

BG 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 $109.59 (−11.2%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; BG's own rising wedges have hit 47.1%.

DirectionBearishTarget$109.59Projected move−11.2%Breakout level$122.54

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

BG's Most Recent Rising Wedge Trade

BG's most recent completed rising wedge resolved as a win: it broke down on Apr 15, 2026 near $121.85, then reached its target at $109.59 on Jun 24, 2026 — a +1.22R move (10.1%) over 48 sessions. Across 107 backtested rising wedges, this setup wins 50.5% of the time.

OutcomeWinResult+1.22REntry$121.85Exit$109.59

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
BG win rate
47.1%

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

How these backtests work →

BG Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeApr 15, 2026 @ $121.85Jun 24, 2026 @ $109.59Win+1.22R
Falling WedgeDec 22, 2025 @ $90.51Jan 8, 2026 @ $97.51Loss-1.58R
TriangleNov 10, 2025 @ $94.36Jan 9, 2026 @ $99.99Loss-1.30R
TriangleSep 15, 2025 @ $81.36Oct 15, 2025 @ $93.09Loss-2.97R
Rising WedgeMay 28, 2025 @ $79.14Jun 16, 2025 @ $86.28Loss-1.51R
TriangleApr 4, 2025 @ $72.91Apr 17, 2025 @ $78.96Loss-1.04R
TriangleDec 2, 2024 @ $87.88Dec 19, 2024 @ $77.71Win+3.83R
Falling WedgeOct 17, 2024 @ $94.51Oct 18, 2024 @ $88.62Win+1.20R
Falling WedgeSep 13, 2024 @ $97.42Oct 18, 2024 @ $89.55Loss-2.69R
Bullish PennantJun 26, 2024 @ $108.27Aug 2, 2024 @ $98.42Loss-1.45R
TriangleMay 30, 2024 @ $106.62Jul 31, 2024 @ $105.23Loss-0.27R
Rising WedgeDec 15, 2023 @ $104.01Jan 8, 2024 @ $96.40Win+2.65R

BG Support and Resistance Levels

Price is bouncing off a floor near $104.87 and starting to climb. On the weekly chart, the next ceiling overhead sits near $122.48 — about 15% away.

  • Traders commonly watch $122.48 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 yet — the spot to watch is right at the $104.87 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $104.16, resistance near $107.18. These are chart/swing-derived levels, not formula pivots.

Resistance
$107.18$108.24$108.76$121.85$122.48$130.73$135.21$135.23
Support
$104.16$104.12

BG Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$104.92$108.41$104.53$106.73
Aug 3, 2026$106.01$106.49$103.37$105.40
Jul 31, 2026$106.60$107.04$104.41$106.23
Jul 30, 2026$105.77$107.45$102.81$105.07
Jul 29, 2026$112.89$115.95$107.31$107.78
Jul 28, 2026$117.65$119.58$115.03$117.37
Jul 27, 2026$119.78$120.25$116.83$117.50
Jul 24, 2026$123.33$123.45$121.42$121.53
Jul 23, 2026$124.74$125.75$121.67$122.30
Jul 22, 2026$123.36$124.43$122.97$123.88

BG Frequently Asked Questions

What chart pattern is BG forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Bunge (BG) on the daily chart, with a measured-move target of $109.59.
Is a rising wedge bullish or bearish?
The rising wedge detected on BG is a bearish pattern, projecting a measured-move target of $109.59. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for BG?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), BG's nearest support is around $104.16 and nearest resistance around $107.18.
What is the price target if BG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $109.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BG's closing price on Aug 4, 2026?
Bunge (BG) last closed at $106.73 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.