Hershey (HSY) Chart Patterns, Support & Resistance & Technical Analysis

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

$179.04last close · Aug 4, 202652-week range $161.43 – $239.48 · 25.24% below the high
Falling Wedge · playing out now

HSY just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 70% of the time.

As long as price stays above $168.8, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $193.3 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

HSY Falling Wedge Pattern

HSY is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$193.27Projected move+10.9%Breakout level$174.30

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
HSY win rate
57.1%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

HSY Pattern Trade History

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

PatternEntryExitOutcomeResult
TriangleMay 13, 2025 @ $166.55May 21, 2025 @ $152.65Win+2.84R
Falling WedgeJun 28, 2024 @ $184.21Jul 23, 2024 @ $189.94Win+2.00R
TriangleMay 6, 2024 @ $198.09Oct 29, 2024 @ $180.02Loss-1.02R
TriangleApr 9, 2024 @ $192.12May 10, 2024 @ $204.78Loss-1.39R
Rising WedgeFeb 14, 2024 @ $192.90Oct 30, 2024 @ $179.13Win+0.82R
Falling WedgeDec 14, 2023 @ $184.70Jan 9, 2024 @ $193.09Loss-1.08R
TriangleMar 13, 2023 @ $241.84Apr 14, 2023 @ $256.28Win+1.84R
Rising WedgeAug 29, 2022 @ $227.15Oct 28, 2022 @ $239.96Loss-1.73R
Rising WedgeMar 2, 2022 @ $208.65Apr 22, 2022 @ $224.14Win+1.00R
Rising WedgeJan 10, 2022 @ $195.72Jan 14, 2022 @ $199.53Loss-1.31R
TriangleDec 7, 2021 @ $183.14Jan 11, 2022 @ $194.03Win+1.35R
Falling WedgeSep 20, 2021 @ $172.86Sep 28, 2021 @ $167.91Win+0.79R

HSY Support and Resistance Levels

Price is bouncing off a floor near $171.36 and starting to climb. On the weekly chart, the next ceiling overhead sits near $243.34 — about 36% away.

  • Traders commonly watch $243.34 as a target (its 61.8% 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 $171.36 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $174.29, resistance near $195.00. These are chart/swing-derived levels, not formula pivots.

Resistance
$195.00$200.00$234.73$241.44$245.75
Support
$174.29$168.87$167.31

HSY Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$177.30$179.17$173.59$179.04
Aug 3, 2026$177.06$180.62$175.88$177.67
Jul 31, 2026$176.19$177.37$173.91$175.05
Jul 30, 2026$182.25$183.88$177.01$177.23
Jul 29, 2026$183.25$188.37$182.60$183.91
Jul 28, 2026$183.20$185.90$180.86$183.39
Jul 27, 2026$175.28$180.58$175.28$180.19
Jul 24, 2026$172.99$175.56$172.12$174.30
Jul 23, 2026$170.00$172.46$169.25$172.14
Jul 22, 2026$171.15$172.75$170.59$172.33

HSY Frequently Asked Questions

What chart pattern is HSY forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Hershey (HSY) on the daily chart, with a measured-move target of $193.27.
Is a falling wedge bullish or bearish?
The falling wedge detected on HSY is a bullish pattern, projecting a measured-move target of $193.27. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for HSY?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), HSY's nearest support is around $174.29 and nearest resistance around $195.00.
What is the price target if HSY's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $193.27 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was HSY's closing price on Aug 4, 2026?
Hershey (HSY) last closed at $179.04 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.