DOW Chart Patterns, Support & Resistance & Technical Analysis

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

$30.33last close · Aug 4, 202652-week range $20.40 – $42.74 · 29.04% below the high

DOW Bullish Pennant Pattern

DOW is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $29.71 (+24.5%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; DOW's own bullish pennants have hit 33.3%.

DirectionBullishTarget$29.71Projected move+24.5%Breakout level$24.59

New to this pattern? What a bullish pennant is and how to trade it →

DOW's Most Recent Bullish Pennant Trade

DOW's most recent completed bullish pennant resolved as a win: it broke higher on Jan 5, 2026 near $24.73, then reached its target at $31.42 on Feb 17, 2026 — a +3.37R move (27.0%) over 29 sessions. Across 35 backtested bullish pennants, this setup wins 48.6% of the time.

OutcomeWinResult+3.37REntry$24.73Exit$31.42

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
DOW win rate
33.3%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

DOW Pattern Trade History

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

PatternEntryExitOutcomeResult
Bullish PennantJan 5, 2026 @ $24.73Feb 17, 2026 @ $31.42Win+3.37R
TriangleJul 24, 2025 @ $27.19Aug 1, 2025 @ $22.69Win+1.22R
Bullish PennantJul 10, 2025 @ $30.28Jul 24, 2025 @ $25.07Loss-1.95R
Falling WedgeApr 1, 2025 @ $34.10Apr 4, 2025 @ $29.24Win+1.31R
Falling WedgeMar 25, 2025 @ $35.64Apr 4, 2025 @ $31.02Win+2.14R
Falling WedgeMar 10, 2025 @ $38.19Mar 25, 2025 @ $35.32Loss-1.06R
Falling WedgeSep 24, 2024 @ $52.78Oct 29, 2024 @ $49.48Loss-1.01R
Falling WedgeSep 6, 2024 @ $50.37Sep 26, 2024 @ $54.72Loss-1.04R
Falling WedgeAug 23, 2024 @ $53.55Sep 12, 2024 @ $50.26Loss-1.04R
TriangleFeb 15, 2024 @ $55.22Apr 10, 2024 @ $58.85Win+1.38R
Falling WedgeOct 19, 2023 @ $49.43Dec 1, 2023 @ $52.30Loss-1.10R
TriangleSep 12, 2023 @ $53.60Sep 22, 2023 @ $50.20Win+1.74R

DOW Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected support sits near $28.10. These are chart/swing-derived levels, not formula pivots.

Support
$28.10$27.52$27.51$27.36

DOW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$29.03$30.45$28.69$30.33
Aug 3, 2026$30.19$30.45$29.74$29.89
Jul 31, 2026$29.97$30.51$29.60$30.29
Jul 30, 2026$30.06$30.48$29.45$30.09
Jul 29, 2026$29.67$30.63$29.53$30.45
Jul 28, 2026$29.00$29.49$28.70$28.85
Jul 27, 2026$28.93$29.22$28.23$28.75
Jul 24, 2026$30.61$30.78$29.30$29.84
Jul 23, 2026$31.80$32.73$30.67$30.90
Jul 22, 2026$30.99$31.59$30.81$31.25

DOW Frequently Asked Questions

What chart pattern is DOW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on DOW on the daily chart, with a measured-move target of $29.71.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on DOW is a bullish pattern, projecting a measured-move target of $29.71. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for DOW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), DOW's nearest support is around $28.10 and nearest resistance around n/a.
What is the price target if DOW's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $29.71 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was DOW's closing price on Aug 4, 2026?
DOW last closed at $30.33 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.