Auto-detected technical analysis for COF · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
COF just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 50% of the time.
As long as price stays above $195.9, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $238.1 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
COF is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a bullish pennant is and how to trade it →
Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on COF's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Jun 15, 2026 @ $188.85 | Jun 30, 2026 @ $200.62 | Win | +0.81R |
| Triangle | Sep 15, 2025 @ $227.35 | Sep 30, 2025 @ $212.58 | Loss | -1.61R |
| Rising Wedge | May 20, 2025 @ $196.04 | Jun 24, 2025 @ $206.36 | Loss | -1.22R |
| Rising Wedge | May 6, 2025 @ $185.00 | May 8, 2025 @ $189.50 | Loss | -2.75R |
| Falling Wedge | Sep 17, 2024 @ $145.40 | Nov 18, 2024 @ $182.86 | Win | +2.71R |
| Rising Wedge | Jul 15, 2024 @ $142.10 | Aug 1, 2024 @ $143.89 | Win | +0.27R |
| Falling Wedge | Jul 1, 2024 @ $138.91 | Aug 1, 2024 @ $143.89 | Win | +0.83R |
| Rising Wedge | Apr 25, 2023 @ $94.88 | May 3, 2023 @ $87.99 | Win | +1.44R |
| Falling Wedge | Mar 3, 2023 @ $109.26 | Mar 7, 2023 @ $105.51 | Loss | -2.58R |
| Falling Wedge | Dec 12, 2022 @ $94.93 | Dec 16, 2022 @ $90.10 | Loss | -1.99R |
| Falling Wedge | Dec 5, 2022 @ $96.33 | Jan 17, 2023 @ $103.63 | Loss | -1.04R |
| Falling Wedge | Sep 20, 2022 @ $99.80 | Nov 10, 2022 @ $113.42 | Loss | -1.18R |
Price found a floor near $169.95 about 8 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $227.01 — still about 2.3% away.
Nearest auto-detected support sits near $179.36, resistance near $244.34. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $219.33 | $222.92 | $217.45 | $221.91 |
| Aug 3, 2026 | $211.84 | $218.96 | $210.00 | $217.68 |
| Jul 31, 2026 | $210.00 | $210.89 | $206.90 | $209.01 |
| Jul 30, 2026 | $208.55 | $210.53 | $205.14 | $210.14 |
| Jul 29, 2026 | $210.00 | $212.45 | $207.85 | $208.71 |
| Jul 28, 2026 | $207.52 | $212.57 | $206.94 | $212.41 |
| Jul 27, 2026 | $205.85 | $208.48 | $204.97 | $207.05 |
| Jul 24, 2026 | $198.51 | $204.44 | $196.51 | $202.84 |
| Jul 23, 2026 | $199.96 | $200.30 | $195.89 | $199.96 |
| Jul 22, 2026 | $207.53 | $207.53 | $198.78 | $201.36 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.