Ingersoll-Rand(IR)

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

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

$83.54last close · Jul 22, 202652-week range $68.07$100.96 · 17.25% below the high

IR Rising Wedge Pattern

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

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $70.26 (−13.0%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; IR's own rising wedges have hit 50.0%.

DirectionBearishTarget$70.26Projected move−13.0%Breakout level$79.59

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

IR's Most Recent Falling Wedge Trade

IR's most recent completed falling wedge resolved as a win: it broke higher on Nov 21, 2025 near $77.52, then reached its target at $85.16 on Jan 20, 2026 — a 9.8% move (+1.50R) over 38 sessions. Across 21 backtested falling wedges, this setup wins 38.1% of the time.

OutcomeWinResult+9.8%R+1.50REntry$77.52Exit$85.16

Learn about falling wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
IR win rate
50.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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+12.0% · +1.50R
Falling WedgeNov 14, 2025 @ $74.66Nov 25, 2025 @ $79.46Loss+10.4% · -1.13R
Rising WedgeSep 29, 2025 @ $82.92Oct 9, 2025 @ $78.48Loss+6.4% · -1.25R
TriangleSep 5, 2025 @ $79.93Oct 10, 2025 @ $76.10Loss+16.6% · -1.25R
TriangleJul 10, 2024 @ $92.92Jul 24, 2024 @ $95.75Win+9.7% · +0.63R
Falling WedgeJul 18, 2022 @ $41.50Aug 19, 2022 @ $51.82Win+21.8% · +4.66R
Falling WedgeFeb 18, 2022 @ $52.97Feb 24, 2022 @ $49.60Win+6.6% · +0.92R
Bullish PennantDec 27, 2021 @ $60.60Jan 25, 2022 @ $55.58Loss+9.1% · -1.36R
Rising WedgeSep 15, 2021 @ $54.89Sep 30, 2021 @ $50.41Loss+7.1% · -1.29R
TriangleJul 30, 2021 @ $48.91Sep 7, 2021 @ $51.76Win+10.8% · +1.72R
TriangleApr 13, 2021 @ $49.66Apr 23, 2021 @ $51.62Loss+13.8% · -1.07R
TriangleSep 15, 2020 @ $36.37Oct 26, 2020 @ $36.56Win+6.3% · +0.08R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026EWstopped −7.5%Jul 20, 2026SPGIstopped −8.3%Jul 16, 2026BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

IR Support and Resistance Levels

Price was turned away at a ceiling near $106.02 about 5 months ago and has been sliding since. On the weekly chart, the next floor below sits near $79.11 — still about 5% away.

  • Traders commonly watch $79.11 as a target (its 61.8% 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 $106.02 ceiling about 5 months 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.

IR Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$81.11$84.00$81.11$83.54
Jul 21, 2026$80.74$81.23$78.80$80.90
Jul 20, 2026$82.11$82.62$79.86$80.18
Jul 17, 2026$83.48$85.05$81.82$82.24
Jul 16, 2026$81.00$85.10$81.00$84.78
Jul 15, 2026$79.05$79.46$78.08$79.14
Jul 14, 2026$80.25$80.46$78.51$79.01
Jul 13, 2026$78.91$80.72$78.03$78.56
Jul 10, 2026$77.47$79.63$77.24$78.85
Jul 9, 2026$77.65$78.53$76.60$77.05

IR Frequently Asked Questions

What chart pattern is IR forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Ingersoll-Rand (IR) on the daily chart, with a measured-move target of $70.26.
Is a rising wedge bullish or bearish?
The rising wedge detected on IR is a bearish pattern, projecting a measured-move target of $70.26. 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 IR's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $70.26 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was IR's closing price on Jul 22, 2026?
Ingersoll-Rand (IR) last closed at $83.54 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.