NewsNWS

News (NWS) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for NWS · data as of Aug 31, 2026. The chart above is live; the read below updates daily.

$34.67last close · Aug 31, 202652-week range $25.49 – $35.76 · 3.05% below the high

NWS rising wedge pattern

NWS is currently forming a rising wedge on the daily timeframe. Detected Aug 31, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $27.56 (−14.9%).

DirectionBearishTarget$27.56Projected move−14.9%Breakout level$31.71

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

NWS's most recent rising wedge trade

NWS's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Aug 6, 2026 near $34.71, then was stopped out at $31.34 on Sep 24, 2026 — a 9.7% move (-1.06R) over 34 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.

OutcomeLossResult-9.7%R-1.06REntry$34.71Exit$31.34

Learn about rising wedge

NWS pattern trade history

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

PatternEntryExitOutcomeResult
Rising wedgeAug 6, 2026 @ $34.71Sep 24, 2026 @ $31.34Loss+9.1% · -1.06R
Rising wedgeAug 6, 2026 @ $34.71Sep 24, 2026 @ $31.34Loss+9.1% · -1.06R
TriangleJun 18, 2026 @ $28.70Jul 10, 2026 @ $31.49Loss+5.1% · -1.00R
TriangleJun 16, 2026 @ $28.70Jul 10, 2026 @ $31.49Loss+5.8% · -1.00R
Rising wedgeMar 31, 2026 @ $28.88May 5, 2026 @ $29.72Win+3.4% · +0.51R
Rising wedgeFeb 3, 2026 @ $30.02Feb 3, 2026 @ $29.29Win+2.4% · +0.53R
Rising wedgeDec 31, 2025 @ $29.60Jan 5, 2026 @ $30.27Loss+2.3% · -1.00R
TriangleSep 9, 2025 @ $32.43Sep 19, 2025 @ $34.06Loss+6.3% · -1.00R
TriangleSep 9, 2025 @ $32.51Sep 19, 2025 @ $34.06Loss+7.8% · -1.00R
Rising wedgeAug 1, 2025 @ $32.67Aug 6, 2025 @ $35.58Loss+6.7% · -1.06R
Rising wedgeJul 21, 2025 @ $33.86Aug 6, 2025 @ $35.58Loss+5.3% · -1.11R
TriangleJun 23, 2025 @ $33.10Sep 11, 2025 @ $31.70Loss+21.4% · -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

NWS support and resistance levels

Price found a floor near $26.45 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $41.82 — still about 21% away.

  • Traders commonly watch $41.82 as a target (its 161.8% 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 $26.45 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

NWS recent daily prices

DateOpenHighLowClose
Aug 31, 2026$34.85$34.87$34.65$34.67
Aug 28, 2026$35.28$35.46$34.70$34.85
Aug 27, 2026$34.86$35.76$34.72$35.32
Aug 26, 2026$35.12$35.35$34.96$35.24
Aug 25, 2026$34.84$35.19$34.19$35.15
Aug 24, 2026$34.57$35.12$34.46$35.05
Aug 21, 2026$33.66$34.62$33.66$34.55
Aug 20, 2026$33.21$33.83$33.03$33.78
Aug 19, 2026$33.49$33.78$32.89$33.53
Aug 18, 2026$32.90$33.73$32.86$33.49

NWS frequently asked questions

What chart pattern is NWS forming right now?
As of Aug 31, 2026, TradingPal's detector identifies a rising wedge on News (NWS) on the daily chart, with a measured-move target of $27.56.
Is a rising wedge bullish or bearish?
The rising wedge detected on NWS is a bearish pattern, projecting a measured-move target of $27.56. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if NWS's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $27.56 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NWS's closing price on Aug 31, 2026?
News (NWS) last closed at $34.67 on Aug 31, 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.