Bunge(BG)

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

Auto-detected technical analysis for BG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$123.88last close · Jul 22, 202652-week range $74.35$134.87 · 8.15% below the high

BG Rising Wedge Pattern

BG is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $110.50 (−12.4%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; BG's own rising wedges have hit 52.6%.

DirectionBearishTarget$110.50Projected move−12.4%Breakout level$124.44

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 9, 2026 near $122.77, then reached its target at $110.50 on Jun 22, 2026 — a 10.0% move (+1.34R) over 50 sessions. Across 90 backtested rising wedges, this setup wins 52.2% of the time.

OutcomeWinResult+10.0%R+1.34REntry$122.77Exit$110.50

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
BG win rate
52.6%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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 9, 2026 @ $122.77Jun 22, 2026 @ $110.50Win+12.4% · +1.34R
TriangleApr 1, 2026 @ $128.41Jun 17, 2026 @ $116.14Loss+11.8% · -1.05R
Falling WedgeDec 22, 2025 @ $90.51Jan 8, 2026 @ $97.51Loss+7.2% · -1.58R
Rising WedgeMay 22, 2025 @ $77.59Jun 16, 2025 @ $86.28Loss+14.6% · -1.38R
TriangleMar 28, 2025 @ $76.96Apr 7, 2025 @ $71.84Loss+15.8% · -1.07R
Falling WedgeOct 18, 2024 @ $91.71Oct 22, 2024 @ $88.67Win+6.7% · +0.40R
Bullish PennantJun 26, 2024 @ $108.27Aug 2, 2024 @ $98.42Loss+9.9% · -1.45R
TriangleMay 30, 2024 @ $106.62Jul 31, 2024 @ $105.23Loss+7.8% · -0.27R
Rising WedgeDec 15, 2023 @ $104.01Jan 5, 2024 @ $96.52Win+8.2% · +2.61R
Rising WedgeDec 6, 2023 @ $105.93Jan 4, 2024 @ $99.40Win+7.3% · +1.45R
TriangleNov 20, 2023 @ $107.73Dec 20, 2023 @ $101.58Loss+7.1% · -1.09R
Rising WedgeJul 18, 2023 @ $102.79Aug 10, 2023 @ $112.14Win+12.6% · +2.32R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

BG Support and Resistance Levels

Price found a floor near $105.31 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $165.61 — still about 34% away.

  • Traders commonly watch $165.61 as a target (its 200% 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 $105.31 floor about 2 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.

BG Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$123.36$124.43$122.97$123.88
Jul 21, 2026$121.53$122.61$120.09$121.55
Jul 20, 2026$119.50$121.12$117.96$120.49
Jul 17, 2026$117.33$119.67$117.17$119.15
Jul 16, 2026$116.13$117.48$115.45$115.83
Jul 15, 2026$116.31$117.01$114.64$115.72
Jul 14, 2026$118.62$118.62$115.53$116.63
Jul 13, 2026$115.76$118.24$115.69$117.40
Jul 10, 2026$114.00$115.73$112.69$114.32
Jul 9, 2026$114.23$116.18$112.68$113.62

BG Frequently Asked Questions

What chart pattern is BG forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Bunge (BG) on the daily chart, with a measured-move target of $110.50.
Is a rising wedge bullish or bearish?
The rising wedge detected on BG is a bearish pattern, projecting a measured-move target of $110.50. 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 (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if BG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $110.50 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BG's closing price on Jul 22, 2026?
Bunge (BG) last closed at $123.88 on Jul 22, 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.