Brown & Brown (BRO) Chart Patterns, Support & Resistance & Technical Analysis

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

$71.17last close · Aug 4, 202652-week range $53.81 – $98.30 · 27.6% below the high

BRO Rising Wedge Pattern

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

A rising wedge usually breaks lower, but BRO is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $67.50 (+9.5%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; BRO's own rising wedges have hit 61.9%.

DirectionBullishTarget$67.50Projected move+9.5%Breakout level$62.26

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

BRO's Most Recent Rising Wedge Trade

BRO's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jun 26, 2026 near $62.56, then reached its target at $66.86 on Jul 15, 2026 — a +0.95R move (6.9%) over 12 sessions. Across 122 backtested rising wedges, this setup wins 54.1% of the time.

OutcomeWinResult+0.95REntry$62.56Exit$66.86

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
BRO win rate
61.9%

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

How these backtests work →

BRO Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeJun 26, 2026 @ $62.56Jul 15, 2026 @ $66.86Win+0.95R
TriangleJan 27, 2026 @ $74.30Jan 28, 2026 @ $73.81Win+0.08R
Falling WedgeJul 29, 2025 @ $97.28Jul 30, 2025 @ $92.75Win+0.65R
Falling WedgeMay 15, 2025 @ $110.56Jun 10, 2025 @ $105.49Loss-1.47R
Rising WedgeOct 25, 2024 @ $105.23Nov 6, 2024 @ $110.81Loss-2.29R
TriangleOct 1, 2024 @ $104.00Nov 14, 2024 @ $109.53Win+1.28R
TriangleFeb 13, 2023 @ $58.17Mar 13, 2023 @ $53.90Win+2.12R
Rising WedgeJan 9, 2023 @ $59.74Feb 27, 2023 @ $55.96Loss-1.04R
TriangleJan 4, 2023 @ $57.70Feb 27, 2023 @ $55.96Loss-1.09R
TriangleDec 15, 2022 @ $57.36Jan 10, 2023 @ $59.87Loss-1.04R
TriangleNov 21, 2022 @ $57.47Mar 10, 2023 @ $54.92Loss-1.17R
TriangleOct 25, 2022 @ $56.98Oct 26, 2022 @ $54.10Win+0.46R

BRO Support and Resistance Levels

Price is bouncing off a floor near $67.34 and starting to climb. On the weekly chart, the next ceiling overhead sits near $110.30 — about 55% away.

  • Traders commonly watch $110.30 as a target (its 78.6% 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 $67.34 floor about a week 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 $70.08. These are chart/swing-derived levels, not formula pivots.

Support
$70.08$69.62$67.34$53.94

BRO Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$70.53$71.71$70.13$71.17
Aug 3, 2026$71.40$73.63$71.12$71.78
Jul 31, 2026$69.94$70.90$69.28$70.40
Jul 30, 2026$73.68$74.44$69.79$70.87
Jul 29, 2026$72.49$75.63$71.87$74.87
Jul 28, 2026$68.97$74.14$67.67$73.65
Jul 27, 2026$68.28$70.27$67.88$69.70
Jul 24, 2026$65.45$67.77$65.26$67.66
Jul 23, 2026$65.43$65.81$64.99$65.74
Jul 22, 2026$66.99$67.21$64.82$65.39

BRO Frequently Asked Questions

What chart pattern is BRO forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Brown & Brown (BRO) on the daily chart, with a measured-move target of $67.50.
Is a rising wedge bullish or bearish?
The rising wedge detected on BRO is a bullish pattern, projecting a measured-move target of $67.50. 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 (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 BRO?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), BRO's nearest support is around $70.08 and nearest resistance around n/a.
What is the price target if BRO's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $67.50 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BRO's closing price on Aug 4, 2026?
Brown & Brown (BRO) last closed at $71.17 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.