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

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

$28.59last close · Aug 4, 202652-week range $22.20 – $31.61 · 9.55% below the high

NWSA Falling Wedge Pattern

NWSA 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 $29.92 (+17.2%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; NWSA's own falling wedges have hit 42.9%.

DirectionBullishTarget$29.92Projected move+17.2%Breakout level$25.50

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

NWSA's Most Recent Rising Wedge Trade

NWSA's most recent completed rising wedge resolved as a win: it broke down on Jun 11, 2026 near $26.57, then reached its target at $24.65 on Jun 22, 2026 — a +1.82R move (7.2%) over 6 sessions. Across 52 backtested rising wedges, this setup wins 61.5% of the time.

OutcomeWinResult+1.82REntry$26.57Exit$24.65

Learn about rising wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
NWSA win rate
42.9%

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

How these backtests work →

NWSA Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeJun 11, 2026 @ $26.57Jun 22, 2026 @ $24.65Win+1.82R
TriangleJun 5, 2026 @ $27.00Jun 12, 2026 @ $25.68Loss-1.14R
Falling WedgeNov 28, 2025 @ $25.64Feb 4, 2026 @ $24.69Loss-1.10R
TriangleNov 5, 2025 @ $25.67Jan 30, 2026 @ $27.03Loss-1.02R
TriangleSep 18, 2025 @ $30.54Oct 2, 2025 @ $28.55Loss-1.06R
Bullish PennantJun 16, 2025 @ $28.01Jul 7, 2025 @ $29.37Win+1.80R
TriangleOct 29, 2024 @ $26.62Nov 15, 2024 @ $28.62Win+2.39R
Falling WedgeApr 10, 2024 @ $25.13Apr 16, 2024 @ $24.12Win+0.72R
TriangleApr 1, 2024 @ $25.67May 24, 2024 @ $26.74Loss-1.24R
Rising WedgeDec 14, 2023 @ $22.97Jan 9, 2024 @ $24.25Win+0.88R
Rising WedgeSep 5, 2023 @ $21.05Sep 20, 2023 @ $19.74Win+2.21R
Rising WedgeJul 20, 2023 @ $20.06Aug 11, 2023 @ $21.24Loss-1.84R

NWSA Support and Resistance Levels

Price found a floor near $25.07 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $29.60 — still about 4% away.

  • Traders commonly watch $29.60 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 here — the spot to watch was the $25.07 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $24.93, resistance near $30.19. These are chart/swing-derived levels, not formula pivots.

Resistance
$30.19$37.47
Support
$24.93$24.28$23.71

NWSA Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$27.89$28.68$27.53$28.59
Aug 3, 2026$27.85$28.38$27.70$27.94
Jul 31, 2026$27.75$27.94$27.42$27.56
Jul 30, 2026$28.22$28.38$27.62$28.09
Jul 29, 2026$28.22$29.06$28.12$28.82
Jul 28, 2026$27.49$28.27$27.22$28.18
Jul 27, 2026$27.18$27.61$26.74$27.29
Jul 24, 2026$26.35$26.89$26.35$26.76
Jul 23, 2026$27.20$27.25$26.29$26.33
Jul 22, 2026$27.69$27.79$27.25$27.34

NWSA Frequently Asked Questions

What chart pattern is NWSA forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on News (NWSA) on the daily chart, with a measured-move target of $29.92.
Is a falling wedge bullish or bearish?
The falling wedge detected on NWSA is a bullish pattern, projecting a measured-move target of $29.92. 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 NWSA?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), NWSA's nearest support is around $24.93 and nearest resistance around $30.19.
What is the price target if NWSA's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $29.92 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NWSA's closing price on Aug 4, 2026?
News (NWSA) last closed at $28.59 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.