Globe Life(GL)

Globe Life (GL) Chart Patterns, Support & Resistance & Technical Analysis

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

$184.00last close · Jul 22, 202652-week range $120.05$191.55 · 3.94% below the high

GL Rising Wedge Pattern

GL is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge usually breaks lower, but GL is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $167.15 (+5.7%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; GL's own rising wedges have hit 46.7%.

DirectionBullishTarget$167.15Projected move+5.7%Breakout level$158.72

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

GL's Most Recent Rising Wedge Trade

GL's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jun 9, 2026 near $159.39, then reached its target at $176.98 on Jul 6, 2026 — a 11.0% move (+1.59R) over 17 sessions. Across 127 backtested rising wedges, this setup wins 52.8% of the time.

OutcomeWinResult+11.0%R+1.59REntry$159.39Exit$176.98

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
GL win rate
46.7%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

GL Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeJun 9, 2026 @ $159.39Jul 6, 2026 @ $176.98Win+5.7% · +1.59R
TriangleDec 11, 2025 @ $136.33Feb 9, 2026 @ $141.42Win+7.5% · +0.71R
TriangleJun 9, 2025 @ $120.05Jun 27, 2025 @ $123.89Loss+7.8% · -1.07R
TriangleJun 4, 2025 @ $120.41Jun 27, 2025 @ $123.89Loss+7.7% · -1.08R
TriangleJan 8, 2025 @ $113.22Feb 6, 2025 @ $119.97Win+9.8% · +0.72R
TriangleJan 2, 2025 @ $111.97Feb 6, 2025 @ $119.97Win+9.6% · +0.99R
TriangleDec 24, 2024 @ $109.66Feb 6, 2025 @ $119.97Win+11.9% · +1.79R
Rising WedgeOct 25, 2024 @ $106.41Jan 16, 2025 @ $117.24Loss+8.3% · -1.05R
Rising WedgeAug 15, 2023 @ $113.69Sep 5, 2023 @ $110.04Win+3.8% · +1.68R
TriangleJul 6, 2023 @ $110.36Oct 19, 2023 @ $113.59Win+6.5% · +0.65R
Falling WedgeMay 25, 2023 @ $105.74Jul 3, 2023 @ $110.26Loss+4.3% · -1.06R
TriangleApr 25, 2023 @ $106.54Jul 6, 2023 @ $110.95Loss+5.6% · -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

GL Support and Resistance Levels

Price is being turned away at a ceiling near $185.69 and starting to slide. On the weekly chart, the next floor below sits near $167.21 — about 9% away.

  • Traders commonly watch $167.21 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 yet — the spot to watch is right at the $185.69 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

GL Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$184.78$185.57$182.26$184.00
Jul 21, 2026$184.91$185.80$183.51$184.34
Jul 20, 2026$185.77$186.15$183.36$184.25
Jul 17, 2026$184.58$191.55$184.42$184.76
Jul 16, 2026$182.00$184.56$181.51$184.56
Jul 15, 2026$178.46$181.74$176.56$181.51
Jul 14, 2026$179.02$180.30$177.59$178.99
Jul 13, 2026$180.24$180.91$176.32$178.62
Jul 10, 2026$178.86$179.54$176.64$179.13
Jul 9, 2026$177.88$180.26$177.51$178.86

GL Frequently Asked Questions

What chart pattern is GL forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Globe Life (GL) on the daily chart, with a measured-move target of $167.15.
Is a rising wedge bullish or bearish?
The rising wedge detected on GL is a bullish pattern, projecting a measured-move target of $167.15. 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 GL's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $167.15 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GL's closing price on Jul 22, 2026?
Globe Life (GL) last closed at $184.00 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.