Cencora (COR) Chart Patterns, Support & Resistance & Technical Analysis

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

$306.28last close · Aug 4, 202652-week range $244.82 – $377.54 · 18.87% below the high

COR Rising Wedge Pattern

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

A rising wedge usually breaks lower, but COR is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $307.74 (+7.7%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; COR's own rising wedges have hit 55.0%.

DirectionBullishTarget$307.74Projected move+7.7%Breakout level$287.96

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

COR's Most Recent Rising Wedge Trade

COR's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jul 2, 2026 near $289.36, then reached its target at $296.57 on Jul 15, 2026 — a +0.66R move (2.5%) over 8 sessions. Across 129 backtested rising wedges, this setup wins 51.2% of the time.

OutcomeWinResult+0.66REntry$289.36Exit$296.57

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
COR win rate
55.0%

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

How these backtests work →

COR Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeJul 2, 2026 @ $289.36Jul 15, 2026 @ $296.57Win+0.66R
Rising WedgeFeb 4, 2026 @ $345.00Feb 5, 2026 @ $341.18Win+0.20R
Rising WedgeOct 16, 2025 @ $321.36Nov 18, 2025 @ $361.64Win+1.59R
Rising WedgeJul 24, 2025 @ $290.22Aug 20, 2025 @ $303.69Loss-1.04R
TriangleJul 16, 2025 @ $294.12Aug 6, 2025 @ $274.14Win+2.21R
TriangleJun 26, 2025 @ $296.78Aug 7, 2025 @ $278.40Loss-1.21R
Bullish PennantApr 28, 2025 @ $287.00Oct 3, 2025 @ $302.76Win+0.80R
TriangleSep 17, 2024 @ $237.23Nov 6, 2024 @ $245.38Loss-1.23R
Rising WedgeSep 5, 2024 @ $233.59Nov 6, 2024 @ $245.38Loss-1.05R
Rising WedgeDec 6, 2023 @ $202.91Jan 2, 2024 @ $208.54Loss-1.93R
TriangleOct 17, 2023 @ $188.76Dec 6, 2023 @ $200.67Win+1.13R
Falling WedgeMar 21, 2023 @ $154.68Apr 19, 2023 @ $164.48Win+1.48R

COR Support and Resistance Levels

Price found a floor near $284.05 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $332.30 — still about 8% away.

  • Traders commonly watch $332.30 as a target (its 61.8% 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 $284.05 floor about 5 weeks 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 $284.05, resistance near $333.77. These are chart/swing-derived levels, not formula pivots.

Resistance
$333.77$346.19$366.55$368.48$373.55$377.89$454.97
Support
$284.05$251.56

COR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$305.95$308.33$301.23$306.28
Aug 3, 2026$313.78$313.87$307.76$308.37
Jul 31, 2026$314.55$314.55$308.00$311.34
Jul 30, 2026$310.55$315.48$310.54$312.23
Jul 29, 2026$322.82$322.96$317.11$318.61
Jul 28, 2026$314.66$320.58$314.30$319.58
Jul 27, 2026$308.85$313.90$308.13$311.15
Jul 24, 2026$306.90$310.30$304.25$309.89
Jul 23, 2026$302.73$306.02$298.43$305.06
Jul 22, 2026$306.51$308.81$298.79$300.58

COR Frequently Asked Questions

What chart pattern is COR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Cencora (COR) on the daily chart, with a measured-move target of $307.74.
Is a rising wedge bullish or bearish?
The rising wedge detected on COR is a bullish pattern, projecting a measured-move target of $307.74. 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 COR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), COR's nearest support is around $284.05 and nearest resistance around $333.77.
What is the price target if COR's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $307.74 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was COR's closing price on Aug 4, 2026?
Cencora (COR) last closed at $306.28 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.