Cencora(COR)

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

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

$300.58last close · Jul 22, 202652-week range $244.82$377.54 · 20.38% below the high

COR Rising Wedge Pattern

COR is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 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 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; COR's own rising wedges have hit 50.0%.

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 2.5% move (+0.66R) over 8 sessions. Across 106 backtested rising wedges, this setup wins 51.9% of the time.

OutcomeWinResult+2.5%R+0.66REntry$289.36Exit$296.57

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
COR win rate
50.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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+7.7% · +0.66R
Rising WedgeJan 30, 2026 @ $351.54Feb 4, 2026 @ $341.01Win+5.3% · +0.83R
Rising WedgeOct 16, 2025 @ $321.36Nov 18, 2025 @ $361.64Win+7.7% · +1.59R
Rising WedgeJul 17, 2025 @ $294.21Aug 6, 2025 @ $275.22Win+7.6% · +2.12R
TriangleJul 11, 2025 @ $295.39Aug 6, 2025 @ $273.98Win+8.4% · +2.75R
TriangleJun 26, 2025 @ $296.78Aug 7, 2025 @ $278.40Loss+12.4% · -1.21R
Bullish PennantApr 28, 2025 @ $287.00Oct 3, 2025 @ $302.76Win+10.9% · +0.80R
TriangleSep 17, 2024 @ $237.23Nov 6, 2024 @ $245.38Loss+9.2% · -1.23R
Rising WedgeDec 6, 2023 @ $202.91Jan 2, 2024 @ $208.54Loss+7.1% · -1.93R
TriangleOct 18, 2023 @ $188.75Dec 6, 2023 @ $200.67Win+9.1% · +1.13R
Falling WedgeMar 21, 2023 @ $154.68Apr 19, 2023 @ $164.48Win+8.3% · +1.48R
Falling WedgeJan 27, 2023 @ $165.61Feb 3, 2023 @ $156.73Loss+4.9% · -1.11R

Rising Wedge Examples on Other Charts

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

Learn about rising wedge

COR Support and Resistance Levels

Price found a floor near $281.99 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $349.14 — still about 16% away.

  • Traders commonly watch $349.14 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 $281.99 floor about 3 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.

COR Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$306.51$308.81$298.79$300.58
Jul 21, 2026$300.52$304.81$299.43$303.07
Jul 20, 2026$305.28$307.28$303.49$303.99
Jul 17, 2026$309.33$313.90$306.41$307.90
Jul 16, 2026$300.04$309.27$298.73$307.99
Jul 15, 2026$300.27$304.87$296.30$296.57
Jul 14, 2026$303.80$304.26$299.84$302.28
Jul 13, 2026$305.00$308.84$303.30$306.13
Jul 10, 2026$301.52$304.79$300.76$303.44
Jul 9, 2026$306.41$307.51$299.82$302.46

COR Frequently Asked Questions

What chart pattern is COR forming right now?
As of Jul 22, 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 (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 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 Jul 22, 2026?
Cencora (COR) last closed at $300.58 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.