Brown & Brown(BRO)

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

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

$65.39last close · Jul 22, 202652-week range $53.81$104.25 · 37.28% below the high

BRO Rising Wedge Pattern

BRO is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 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 $67.60 (+9.7%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; BRO's own rising wedges have hit 59.1%.

DirectionBullishTarget$67.60Projected move+9.7%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 6.9% move (+0.95R) over 12 sessions. Across 96 backtested rising wedges, this setup wins 54.2% of the time.

OutcomeWinResult+6.9%R+0.95REntry$62.56Exit$66.86

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
BRO win rate
59.1%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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+9.5% · +0.95R
Falling WedgeApr 14, 2026 @ $67.54Apr 28, 2026 @ $63.14Loss+17.4% · -1.04R
TriangleJan 23, 2026 @ $77.99Jan 27, 2026 @ $73.81Win+6.2% · +1.88R
Falling WedgeJul 29, 2025 @ $97.28Jul 30, 2025 @ $92.87Win+9.3% · +0.63R
Falling WedgeMay 15, 2025 @ $110.63Jun 10, 2025 @ $105.49Loss+11.8% · -1.46R
Rising WedgeOct 25, 2024 @ $105.23Nov 6, 2024 @ $110.81Loss+5.1% · -2.29R
TriangleOct 1, 2024 @ $104.00Nov 14, 2024 @ $109.53Win+6.1% · +1.28R
TriangleFeb 14, 2023 @ $58.26Mar 15, 2023 @ $53.71Win+8.5% · +2.36R
TriangleJan 4, 2023 @ $57.70Feb 27, 2023 @ $55.96Loss+14.4% · -1.09R
TriangleDec 15, 2022 @ $57.36Jan 10, 2023 @ $59.87Loss+15.1% · -1.04R
TriangleNov 30, 2022 @ $59.24Mar 10, 2023 @ $54.92Loss+8.1% · -1.09R
TriangleNov 21, 2022 @ $57.47Mar 10, 2023 @ $54.92Loss+15.0% · -1.17R

Rising Wedge Examples on Other Charts

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

Learn about rising wedge

BRO Support and Resistance Levels

Price is being turned away at a ceiling near $70.36 and starting to slide. On the weekly chart, the next floor below sits near $52.82 — about 19% away.

  • Traders commonly watch $52.82 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 here — the spot to watch was the $70.36 ceiling just now, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

BRO Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$66.99$67.21$64.82$65.39
Jul 21, 2026$68.01$69.07$66.22$66.64
Jul 20, 2026$69.11$69.59$68.25$68.94
Jul 17, 2026$70.57$71.37$68.71$69.35
Jul 16, 2026$67.68$70.00$67.54$69.44
Jul 15, 2026$67.78$68.77$66.61$66.86
Jul 14, 2026$68.10$68.85$67.57$68.50
Jul 13, 2026$68.50$69.34$68.42$69.21
Jul 10, 2026$68.56$68.76$67.35$67.66
Jul 9, 2026$67.78$67.99$67.22$67.84

BRO Frequently Asked Questions

What chart pattern is BRO forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Brown & Brown (BRO) on the daily chart, with a measured-move target of $67.60.
Is a rising wedge bullish or bearish?
The rising wedge detected on BRO is a bullish pattern, projecting a measured-move target of $67.60. 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 BRO's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $67.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BRO's closing price on Jul 22, 2026?
Brown & Brown (BRO) last closed at $65.39 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.