Entergy (ETR) Chart Patterns, Support & Resistance & Technical Analysis

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

$108.86last close · Aug 4, 202652-week range $86.40 – $118.44 · 8.09% below the high
Rising Wedge · playing out now

ETR is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 44% of the time.

As long as price stays below $116.9, it's in play — a daily close back above there calls it off.

The move's natural target sits near $106.2.

ETR Rising Wedge Pattern

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

DirectionBearishTarget$106.23Projected move−8.0%Breakout level$114.62

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

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
ETR win rate
35.0%

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

How these backtests work →

ETR Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeSep 11, 2025 @ $88.83Oct 16, 2025 @ $96.02Win+2.96R
Rising WedgeAug 11, 2025 @ $90.01Sep 8, 2025 @ $86.60Win+1.43R
TriangleJul 15, 2025 @ $83.14Aug 11, 2025 @ $90.09Win+2.29R
TriangleJun 16, 2025 @ $81.64Jul 18, 2025 @ $86.40Loss-1.59R
TriangleJun 9, 2025 @ $81.58Jul 18, 2025 @ $86.40Loss-1.58R
TriangleJun 3, 2025 @ $81.73Jul 18, 2025 @ $86.40Loss-1.61R
TriangleMay 9, 2025 @ $83.22Jul 18, 2025 @ $86.40Loss-1.83R
TriangleApr 4, 2025 @ $83.70Jul 22, 2025 @ $88.53Loss-1.36R
TriangleMar 28, 2025 @ $84.75Aug 11, 2025 @ $90.09Win+0.92R
Rising WedgeOct 31, 2024 @ $71.00Nov 13, 2024 @ $73.81Win+0.68R
Rising WedgeMar 28, 2024 @ $52.53May 23, 2024 @ $54.70Win+0.79R
Falling WedgeFeb 16, 2024 @ $50.00Apr 10, 2024 @ $52.28Win+1.19R

ETR Support and Resistance Levels

Price is bouncing off a floor near $107.61 and starting to climb. On the weekly chart, the next ceiling overhead sits near $130.12 — about 20% away.

  • Traders commonly watch $130.12 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 yet — the spot to watch is right at the $107.61 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $105.75, resistance near $115.08. These are chart/swing-derived levels, not formula pivots.

Resistance
$115.08$118.33$118.58$118.65$132.14
Support
$105.75$105.01$81.00

ETR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$107.96$109.39$106.68$108.86
Aug 3, 2026$107.00$109.11$106.59$108.06
Jul 31, 2026$108.71$109.69$107.60$107.62
Jul 30, 2026$108.44$110.30$107.94$108.03
Jul 29, 2026$114.29$114.29$107.71$107.79
Jul 28, 2026$113.66$115.36$112.32$112.32
Jul 27, 2026$114.76$115.84$113.13$113.76
Jul 24, 2026$116.37$116.52$115.25$115.95
Jul 23, 2026$113.92$116.00$113.86$115.80
Jul 22, 2026$113.44$115.28$112.92$114.88

ETR Frequently Asked Questions

What chart pattern is ETR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Entergy (ETR) on the daily chart, with a measured-move target of $106.23.
Is a rising wedge bullish or bearish?
The rising wedge detected on ETR is a bearish pattern, projecting a measured-move target of $106.23. 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 ETR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ETR's nearest support is around $105.75 and nearest resistance around $115.08.
What is the price target if ETR's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $106.23 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ETR's closing price on Aug 4, 2026?
Entergy (ETR) last closed at $108.86 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.