Blackrock (BLK) Chart Patterns, Support & Resistance & Technical Analysis

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

$1,131.13last close · Aug 4, 202652-week range $917.39 – $1,219.94 · 7.28% below the high

BLK Falling Wedge Pattern

BLK is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge usually breaks higher, but BLK is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $932.16 (−11.0%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; BLK's own falling wedges have hit 64.7%.

DirectionBearishTarget$932.16Projected move−11.0%Breakout level$1,048.85

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

BLK's Most Recent Falling Wedge Trade

BLK's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Mar 5, 2026 near $1,039.69, then reached its target at $932.16 on Mar 9, 2026 — a +1.57R move (10.3%) over 2 sessions. Across 114 backtested falling wedges, this setup wins 60.5% of the time.

OutcomeWinResult+1.57REntry$1,039.69Exit$932.16

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
BLK win rate
64.7%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

BLK Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeMar 5, 2026 @ $1,039.69Mar 9, 2026 @ $932.16Win+1.57R
Falling WedgeFeb 18, 2026 @ $1,084.12Mar 6, 2026 @ $955.45Loss-1.92R
Rising WedgeOct 21, 2025 @ $1,157.19Oct 29, 2025 @ $1,102.06Win+0.88R
Rising WedgeAug 12, 2025 @ $1,145.33Oct 17, 2025 @ $1,161.16Win+0.23R
TriangleJun 25, 2025 @ $1,007.73Jul 15, 2025 @ $1,046.16Win+0.91R
Rising WedgeMay 6, 2025 @ $910.49May 12, 2025 @ $958.03Loss-2.57R
TriangleSep 5, 2024 @ $877.64Sep 17, 2024 @ $904.52Loss-1.04R
TriangleAug 23, 2024 @ $872.74Oct 1, 2024 @ $934.02Win+3.23R
TriangleJul 10, 2024 @ $807.01Aug 2, 2024 @ $846.02Win+1.33R
Rising WedgeMar 14, 2024 @ $823.57Apr 10, 2024 @ $787.62Win+1.68R
Rising WedgeFeb 6, 2023 @ $746.98Feb 22, 2023 @ $690.73Win+1.62R
Bullish PennantJan 3, 2023 @ $721.76Feb 24, 2023 @ $683.43Loss-1.01R

BLK Support and Resistance Levels

Price is being turned away at a ceiling near $1,143.64 and starting to slide. On the weekly chart, the next floor below sits near $779.45 — about 31% away.

  • Traders commonly watch $779.45 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $1,143.64 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $967.69, resistance near $1,143.64. These are chart/swing-derived levels, not formula pivots.

Resistance
$1,143.64$1,222.26$1,392.85$1,640.51$1,963.45
Support
$967.69$962.76$917.27$914.58$779.45

BLK Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$1,138.50$1,150.30$1,130.85$1,131.13
Aug 3, 2026$1,100.07$1,129.24$1,096.19$1,126.63
Jul 31, 2026$1,100.84$1,104.19$1,089.79$1,090.39
Jul 30, 2026$1,079.36$1,104.11$1,071.37$1,098.37
Jul 29, 2026$1,086.07$1,110.00$1,079.19$1,079.19
Jul 28, 2026$1,069.39$1,103.48$1,062.51$1,097.55
Jul 27, 2026$1,067.38$1,069.99$1,051.01$1,062.14
Jul 24, 2026$1,039.10$1,056.48$1,033.49$1,055.67
Jul 23, 2026$1,051.15$1,061.43$1,036.44$1,037.16
Jul 22, 2026$1,036.60$1,057.19$1,034.34$1,056.63

BLK Frequently Asked Questions

What chart pattern is BLK forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Blackrock (BLK) on the daily chart, with a measured-move target of $932.16.
Is a falling wedge bullish or bearish?
The falling wedge detected on BLK is a bearish pattern, projecting a measured-move target of $932.16. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for BLK?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), BLK's nearest support is around $967.69 and nearest resistance around $1,143.64.
What is the price target if BLK's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $932.16 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BLK's closing price on Aug 4, 2026?
Blackrock (BLK) last closed at $1,131.13 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.