Everest (EG) Chart Patterns, Support & Resistance & Technical Analysis

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

$369.21last close · Aug 4, 202652-week range $302.44 – $401.07 · 7.94% below the high

EG Rising Wedge Pattern

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

A rising wedge usually breaks lower, but EG is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $412.85 (+7.5%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; EG's own rising wedges have hit 31.3%.

DirectionBullishTarget$412.85Projected move+7.5%Breakout level$386.46

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

EG's Most Recent Rising Wedge Trade

EG's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Jul 27, 2026 near $388.36, then was stopped out at $369.21 on Aug 4, 2026 — a -1.01R move (4.9%) over 6 sessions. Across 122 backtested rising wedges, this setup wins 56.6% of the time.

OutcomeLossResult-1.01REntry$388.36Exit$369.21

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
EG win rate
31.3%

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

How these backtests work →

EG Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeJul 27, 2026 @ $388.36Aug 4, 2026 @ $369.21Loss-1.01R
TriangleFeb 17, 2026 @ $340.52Jul 15, 2026 @ $364.13Win+0.69R
Falling WedgeAug 19, 2025 @ $337.97Oct 9, 2025 @ $351.77Win+1.06R
Falling WedgeAug 13, 2025 @ $334.59Sep 15, 2025 @ $339.84Win+0.55R
Falling WedgeJul 7, 2025 @ $338.28Jul 21, 2025 @ $329.97Loss-1.02R
TriangleJun 17, 2025 @ $335.86Oct 1, 2025 @ $353.53Loss-1.03R
TriangleApr 4, 2025 @ $353.77Apr 7, 2025 @ $336.27Win+1.06R
Falling WedgeJan 31, 2025 @ $347.55Oct 28, 2025 @ $305.49Win+1.64R
TriangleOct 7, 2024 @ $388.84Feb 3, 2025 @ $345.78Win+2.33R
TriangleSep 30, 2024 @ $395.97Oct 7, 2024 @ $372.55Loss-1.39R
Falling WedgeJul 10, 2024 @ $377.17Jul 19, 2024 @ $385.32Win+0.44R
Rising WedgeDec 14, 2023 @ $382.22Feb 8, 2024 @ $346.69Win+1.99R

EG Support and Resistance Levels

Price was turned away at a ceiling near $392.69 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $355.22 — still about 4% away.

  • Traders commonly watch $355.22 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $392.69 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $355.22, resistance near $392.69. These are chart/swing-derived levels, not formula pivots.

Resistance
$392.69$602.22
Support
$355.22$331.20$325.82$320.35$320.01$316.14$311.45$307.05

EG Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$365.00$370.38$364.36$369.21
Aug 3, 2026$374.31$379.00$370.19$372.05
Jul 31, 2026$369.13$376.65$368.92$374.15
Jul 30, 2026$378.63$388.97$368.33$375.36
Jul 29, 2026$395.68$399.83$391.94$393.89
Jul 28, 2026$393.11$401.07$392.85$398.70
Jul 27, 2026$385.00$390.53$385.00$389.34
Jul 24, 2026$376.79$386.87$376.22$385.12
Jul 23, 2026$370.72$376.50$369.47$375.56
Jul 22, 2026$378.32$378.32$372.13$373.07

EG Frequently Asked Questions

What chart pattern is EG forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Everest (EG) on the daily chart, with a measured-move target of $412.85.
Is a rising wedge bullish or bearish?
The rising wedge detected on EG is a bullish pattern, projecting a measured-move target of $412.85. 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 EG?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), EG's nearest support is around $355.22 and nearest resistance around $392.69.
What is the price target if EG's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $412.85 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EG's closing price on Aug 4, 2026?
Everest (EG) last closed at $369.21 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.