News(NWS)

News (NWS) Chart Patterns, Support & Resistance & Technical Analysis

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

$30.95last close · Jul 22, 202652-week range $25.49 – $35.58 · 13.01% below the high

NWS Rising Wedge Pattern

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

A rising wedge usually breaks lower, but NWS is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $29.61 (+5.1%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; NWS's own rising wedges have hit 20.0%.

DirectionBullishTarget$29.61Projected move+5.1%Breakout level$28.26

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 win: it broke higher on Mar 31, 2026 near $28.39, then reached its target at $29.82 on May 4, 2026 — a 5.0% move (+0.79R) over 23 sessions. Across 33 backtested rising wedges, this setup wins 54.5% of the time.

OutcomeWinResult+5.0%R+0.79REntry$28.39Exit$29.82

Learn about rising wedge

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

NWS win rate

20.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

NWS Pattern Trade History

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

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Mar 31, 2026 @ $28.39	May 4, 2026 @ $29.82	Win	+5.1% · +0.79R
Falling Wedge	Nov 26, 2025 @ $29.15	Feb 5, 2026 @ $27.39	Loss	+14.8% · -1.43R
Falling Wedge	Nov 18, 2025 @ $28.64	Jan 12, 2026 @ $30.50	Loss	+7.7% · -1.01R
Falling Wedge	Sep 18, 2025 @ $33.46	Oct 7, 2025 @ $30.89	Loss	+8.6% · -1.35R
Triangle	Sep 2, 2025 @ $33.53	Oct 7, 2025 @ $31.10	Win	+8.5% · +1.41R
Triangle	Jun 6, 2025 @ $32.08	Jun 23, 2025 @ $33.18	Loss	+7.0% · -1.12R
Rising Wedge	May 16, 2025 @ $32.81	Jun 24, 2025 @ $33.60	Loss	+16.1% · -1.41R
Triangle	Oct 15, 2024 @ $27.65	Nov 18, 2024 @ $31.45	Win	+10.6% · +5.51R
Rising Wedge	Dec 14, 2023 @ $23.97	Mar 1, 2024 @ $27.40	Win	+12.1% · +1.95R
Triangle	Nov 22, 2023 @ $22.51	Jan 9, 2024 @ $25.37	Win	+11.0% · +2.17R
Rising Wedge	Jul 20, 2023 @ $20.37	Aug 11, 2023 @ $21.69	Loss	+10.9% · -2.36R
Bullish Pennant	Jul 11, 2023 @ $20.08	Aug 18, 2023 @ $21.19	Win	+6.0% · +1.25R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open LIN’s live chart →

EWEdwards Lifesciences

Losing trade · −7.5%

Opened Jun 30, 2026

Closed Jul 20, 2026

Open EW’s live chart →

Open SPGI’s live chart →

BROBrown & Brown

Winning trade · +6.9%

Opened Jun 26, 2026

Closed Jul 15, 2026

Open BRO’s live chart →

Learn about rising wedge

NWS Support and Resistance Levels

Price is being turned away at a ceiling near $32.84 and starting to slide. On the weekly chart, the next floor below sits near $22.95 — about 26% away.

Traders commonly watch $22.95 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 $32.84 ceiling just now, 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.

NWS Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$31.65	$31.65	$30.84	$30.95
Jul 21, 2026	$31.83	$31.95	$31.19	$31.21
Jul 20, 2026	$32.43	$32.48	$32.04	$32.21
Jul 17, 2026	$32.64	$32.91	$32.19	$32.42
Jul 16, 2026	$31.96	$32.66	$31.95	$32.54
Jul 15, 2026	$31.15	$32.05	$30.85	$31.66
Jul 14, 2026	$30.93	$31.24	$30.87	$31.15
Jul 13, 2026	$31.07	$31.54	$31.02	$31.41
Jul 10, 2026	$31.41	$31.60	$30.79	$30.93
Jul 9, 2026	$29.99	$31.29	$29.99	$31.13

NWS Frequently Asked Questions

What chart pattern is NWS forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on News (NWS) on the daily chart, with a measured-move target of $29.61.

Is a rising wedge bullish or bearish?

The rising wedge detected on NWS is a bullish pattern, projecting a measured-move target of $29.61. 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 NWS's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $29.61 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was NWS's closing price on Jul 22, 2026?

News (NWS) last closed at $30.95 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.