NRG Energy (NRG) Chart Patterns, Support & Resistance & Technical Analysis

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

$117.04last close · Aug 4, 202652-week range $112.50 – $189.96 · 38.39% below the high

NRG Falling Wedge Pattern

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

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $173.49 (+14.5%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; NRG's own falling wedges have hit 72.7%.

DirectionBullishTarget$173.49Projected move+14.5%Breakout level$152.14

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

NRG's Most Recent Falling Wedge Trade

NRG's most recent completed falling wedge resolved as a win: it broke higher on Feb 9, 2026 near $154.17, then reached its target at $175.58 on Mar 2, 2026 — a +1.57R move (13.9%) over 14 sessions. Across 80 backtested falling wedges, this setup wins 50.0% of the time.

OutcomeWinResult+1.57REntry$154.17Exit$175.58

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
NRG win rate
72.7%

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

How these backtests work →

NRG Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeFeb 9, 2026 @ $154.17Mar 2, 2026 @ $175.58Win+1.57R
Falling WedgeJan 26, 2026 @ $150.89Mar 2, 2026 @ $175.58Win+2.77R
TriangleDec 12, 2025 @ $164.29Dec 17, 2025 @ $149.30Win+2.00R
Bullish PennantOct 16, 2025 @ $173.50Dec 17, 2025 @ $149.48Loss-1.58R
Falling WedgeApr 21, 2025 @ $96.59May 27, 2025 @ $156.91Win+3.55R
TriangleFeb 28, 2025 @ $104.46Mar 7, 2025 @ $85.21Win+1.50R
TriangleDec 17, 2024 @ $93.36Jan 15, 2025 @ $104.07Loss-1.10R
Falling WedgeNov 5, 2024 @ $89.09Nov 14, 2024 @ $91.64Win+0.67R
TriangleJul 15, 2024 @ $76.86Aug 5, 2024 @ $68.46Win+2.09R
Bullish PennantJun 20, 2024 @ $80.62Jul 15, 2024 @ $75.39Loss-1.47R
Rising WedgeMay 31, 2024 @ $82.93Jul 17, 2024 @ $74.25Win+1.86R
Rising WedgeNov 1, 2023 @ $43.16Nov 21, 2023 @ $45.20Win+0.66R

NRG Support and Resistance Levels

Price found a floor near $115.97 about 8 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $175.01 — still about 50% away.

  • Traders commonly watch $175.01 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 $115.97 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 resistance near $119.71. These are chart/swing-derived levels, not formula pivots.

Resistance
$119.71$119.76$124.85$128.95$151.58$174.42

NRG Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$140.00$140.03$112.50$117.04
Aug 3, 2026$134.70$140.72$131.53$138.47
Jul 31, 2026$136.58$137.95$132.21$134.29
Jul 30, 2026$129.00$135.53$128.69$133.97
Jul 29, 2026$126.90$128.60$122.45$124.23
Jul 28, 2026$134.73$135.58$126.80$127.56
Jul 27, 2026$141.99$142.02$135.40$136.50
Jul 24, 2026$142.77$144.19$139.24$141.03
Jul 23, 2026$138.84$143.19$137.84$142.99
Jul 22, 2026$131.11$140.59$131.11$139.98

NRG Frequently Asked Questions

What chart pattern is NRG forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on NRG Energy (NRG) on the daily chart, with a measured-move target of $173.49.
Is a falling wedge bullish or bearish?
The falling wedge detected on NRG is a bullish pattern, projecting a measured-move target of $173.49. 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 NRG?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), NRG's nearest support is around n/a and nearest resistance around $119.71.
What is the price target if NRG's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $173.49 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NRG's closing price on Aug 4, 2026?
NRG Energy (NRG) last closed at $117.04 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.