Ingersoll-Rand (IR) Chart Patterns, Support & Resistance & Technical Analysis

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

$89.46last close · Aug 4, 202652-week range $68.07 – $100.96 · 11.39% below the high
Rising Wedge · playing out now

IR is breaking out above a rising wedge — these usually break lower, so a push higher instead is a notably bullish turn.

As long as price stays above $75.40, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $96.69 — 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.

IR Rising Wedge Pattern

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

DirectionBullishTarget$96.69Projected move+12.4%Breakout level$87.81

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
IR win rate
100.0%

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

How these backtests work →

IR Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeNov 21, 2025 @ $77.52Jan 20, 2026 @ $85.16Win+1.50R
Rising WedgeSep 29, 2025 @ $82.92Oct 9, 2025 @ $78.48Loss-1.25R
TriangleSep 5, 2025 @ $79.93Oct 10, 2025 @ $76.10Loss-1.25R
TriangleDec 3, 2024 @ $104.42Dec 18, 2024 @ $94.71Win+6.03R
TriangleJul 10, 2024 @ $92.92Aug 2, 2024 @ $87.42Loss-1.23R
TriangleApr 25, 2023 @ $54.98May 1, 2023 @ $57.12Loss-1.05R
TriangleDec 13, 2022 @ $56.08Dec 16, 2022 @ $51.80Loss-1.13R
Falling WedgeJul 18, 2022 @ $41.50Aug 19, 2022 @ $51.82Win+4.66R
Falling WedgeMar 16, 2022 @ $50.87Apr 26, 2022 @ $43.81Loss-1.17R
Falling WedgeFeb 18, 2022 @ $52.97Feb 24, 2022 @ $49.72Win+0.89R
Bullish PennantDec 27, 2021 @ $60.60Jan 25, 2022 @ $55.58Loss-1.36R
TriangleOct 14, 2021 @ $51.19Nov 26, 2021 @ $58.94Win+5.25R

IR Support and Resistance Levels

On the weekly chart, price is resting in the open space between a floor below near $79.11 and a ceiling above near $131.01.

  • Price hasn't touched either edge recently, so there's no clear direction either way yet.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

Nearest auto-detected resistance near $131.08. These are chart/swing-derived levels, not formula pivots.

Resistance
$131.08

IR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$88.40$89.49$86.82$89.46
Aug 3, 2026$85.13$87.85$84.89$87.78
Jul 31, 2026$79.94$84.17$79.55$83.38
Jul 30, 2026$85.75$86.63$82.84$84.32
Jul 29, 2026$85.37$86.23$84.10$84.61
Jul 28, 2026$83.84$87.64$83.84$86.50
Jul 27, 2026$84.77$85.51$83.80$84.66
Jul 24, 2026$84.07$85.74$83.86$84.40
Jul 23, 2026$83.40$84.97$82.92$84.31
Jul 22, 2026$81.11$84.00$81.11$83.54

IR Frequently Asked Questions

What chart pattern is IR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Ingersoll-Rand (IR) on the daily chart, with a measured-move target of $96.69.
Is a rising wedge bullish or bearish?
The rising wedge detected on IR is a bullish pattern, projecting a measured-move target of $96.69. 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 IR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), IR's nearest support is around n/a and nearest resistance around $131.08.
What is the price target if IR's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $96.69 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was IR's closing price on Aug 4, 2026?
Ingersoll-Rand (IR) last closed at $89.46 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.