Colgate-Palmolive(CL)

Colgate-Palmolive (CL) Chart Patterns, Support & Resistance & Technical Analysis

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

$91.63last close · Jul 22, 202652-week range $74.55$99.33 · 7.75% below the high

CL Falling Wedge Pattern

CL is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $91.86 (+8.8%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; CL's own falling wedges have hit 58.1%.

DirectionBullishTarget$91.86Projected move+8.8%Breakout level$84.26

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

CL's Most Recent Falling Wedge Trade

CL's most recent completed falling wedge resolved as a loss: it broke higher on Aug 11, 2025 near $84.96, then was stopped out at $82.13 on Sep 15, 2025 — a 3.3% move (-1.11R) over 24 sessions. Across 136 backtested falling wedges, this setup wins 50.7% of the time.

OutcomeLossResult-3.3%R-1.11REntry$84.96Exit$82.13

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
CL win rate
58.1%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

CL Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeAug 11, 2025 @ $84.96Sep 15, 2025 @ $82.13Loss+8.8% · -1.11R
Falling WedgeJul 30, 2025 @ $86.21Sep 22, 2025 @ $79.97Win+7.6% · +2.12R
TriangleJul 17, 2025 @ $87.25Sep 16, 2025 @ $81.42Win+7.1% · +0.84R
TriangleJun 17, 2025 @ $90.02Jul 7, 2025 @ $93.33Loss+7.5% · -1.05R
Falling WedgeJun 11, 2025 @ $92.48Jul 18, 2025 @ $86.84Loss+10.6% · -1.04R
Rising WedgeJul 23, 2024 @ $97.41Jul 29, 2024 @ $100.88Loss+7.7% · -1.56R
Rising WedgeApr 1, 2024 @ $89.41Apr 12, 2024 @ $85.81Win+4.8% · +3.75R
Falling WedgeSep 27, 2023 @ $71.84Oct 6, 2023 @ $67.93Win+5.7% · +1.72R
Falling WedgeSep 5, 2023 @ $72.84Oct 5, 2023 @ $69.26Win+5.2% · +0.65R
TriangleAug 17, 2023 @ $74.22Oct 2, 2023 @ $70.63Win+5.3% · +0.86R
Falling WedgeJul 18, 2023 @ $76.41Aug 15, 2023 @ $74.64Loss+9.0% · -1.01R
TriangleJul 11, 2023 @ $75.50Jul 24, 2023 @ $77.48Loss+8.1% · -1.02R

Falling Wedge Examples on Other Charts

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

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CL Support and Resistance Levels

Price is bouncing off a floor near $89.81 and starting to climb. On the weekly chart, the next ceiling overhead sits near $101.86 — about 11% away.

  • Traders commonly watch $101.86 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 yet — the spot to watch is right at the $89.81 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

CL Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$91.35$92.25$90.99$91.63
Jul 21, 2026$91.10$91.63$89.75$90.50
Jul 20, 2026$92.09$92.23$91.20$91.93
Jul 17, 2026$94.68$95.93$92.59$92.98
Jul 16, 2026$92.74$94.30$92.40$94.07
Jul 15, 2026$90.23$92.01$89.59$91.47
Jul 14, 2026$92.95$93.06$91.02$91.03
Jul 13, 2026$93.15$93.95$92.31$93.21
Jul 10, 2026$91.32$92.72$91.32$92.24
Jul 9, 2026$92.39$92.74$90.73$91.01

CL Frequently Asked Questions

What chart pattern is CL forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Colgate-Palmolive (CL) on the daily chart, with a measured-move target of $91.86.
Is a falling wedge bullish or bearish?
The falling wedge detected on CL is a bullish pattern, projecting a measured-move target of $91.86. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if CL's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $91.86 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CL's closing price on Jul 22, 2026?
Colgate-Palmolive (CL) last closed at $91.63 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.