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

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

$92.53last close · Aug 4, 202652-week range $74.55 – $99.33 · 6.85% below the high

CL Falling Wedge Pattern

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

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $92.21 (+8.8%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; CL's own falling wedges have hit 50.0%.

DirectionBullishTarget$92.21Projected move+8.8%Breakout level$84.61

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 -1.11R move (3.3%) over 24 sessions. Across 170 backtested falling wedges, this setup wins 48.8% of the time.

OutcomeLossResult-1.11REntry$84.96Exit$82.13

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
CL win rate
50.0%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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-1.11R
Falling WedgeJul 30, 2025 @ $86.21Sep 22, 2025 @ $79.96Win+2.12R
Falling WedgeJun 30, 2025 @ $91.21Jul 18, 2025 @ $86.84Loss-1.06R
TriangleJun 17, 2025 @ $90.02Jul 7, 2025 @ $93.33Loss-1.05R
Falling WedgeMay 30, 2025 @ $93.29Jul 18, 2025 @ $86.84Loss-1.02R
TriangleMay 9, 2025 @ $90.49Sep 15, 2025 @ $82.22Win+1.44R
Rising WedgeJul 23, 2024 @ $97.41Jul 29, 2024 @ $100.88Loss-1.56R
Rising WedgeApr 1, 2024 @ $89.41Apr 12, 2024 @ $85.81Win+3.75R
Falling WedgeSep 27, 2023 @ $71.84Oct 6, 2023 @ $67.93Win+1.72R
Falling WedgeSep 5, 2023 @ $72.84Oct 5, 2023 @ $69.26Win+0.65R
TriangleAug 17, 2023 @ $74.22Oct 2, 2023 @ $70.63Win+0.86R
TriangleJul 18, 2023 @ $76.31Aug 15, 2023 @ $74.64Loss-1.01R

CL Support and Resistance Levels

Price is bouncing off a floor near $89.70 and starting to climb. On the weekly chart, the next ceiling overhead sits near $102.72 — about 11% away.

  • Traders commonly watch $102.72 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 $89.70 floor just now, 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 $89.70, resistance near $96.01. These are chart/swing-derived levels, not formula pivots.

Resistance
$96.01$99.55$102.64$161.56
Support
$89.70$87.45$76.66$75.20

CL Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$89.17$92.74$89.17$92.53
Aug 3, 2026$92.39$93.64$89.36$89.88
Jul 31, 2026$90.85$91.68$89.60$91.30
Jul 30, 2026$92.62$92.89$90.73$91.60
Jul 29, 2026$90.94$93.82$89.91$93.49
Jul 28, 2026$94.11$95.46$92.70$92.73
Jul 27, 2026$91.25$92.81$90.84$91.98
Jul 24, 2026$90.00$91.11$89.88$90.75
Jul 23, 2026$89.99$90.39$89.25$90.08
Jul 22, 2026$91.35$92.25$90.99$91.63

CL Frequently Asked Questions

What chart pattern is CL forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Colgate-Palmolive (CL) on the daily chart, with a measured-move target of $92.21.
Is a falling wedge bullish or bearish?
The falling wedge detected on CL is a bullish pattern, projecting a measured-move target of $92.21. 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 CL?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CL's nearest support is around $89.70 and nearest resistance around $96.01.
What is the price target if CL's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $92.21 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CL's closing price on Aug 4, 2026?
Colgate-Palmolive (CL) last closed at $92.53 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.