Realty Income (O) Chart Patterns, Support & Resistance & Technical Analysis

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

$62.90last close · Aug 4, 202652-week range $55.86 – $67.94 · 7.41% below the high

O Falling Wedge Pattern

O 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 $59.59 (+3.2%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; O's own falling wedges have hit 56.3%.

DirectionBullishTarget$59.59Projected move+3.2%Breakout level$57.79

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

O's Most Recent Falling Wedge Trade

O's most recent completed falling wedge resolved as a win: it broke higher on Jan 5, 2026 near $57.57, then reached its target at $60.40 on Jan 26, 2026 — a +1.65R move (4.9%) over 14 sessions. Across 146 backtested falling wedges, this setup wins 54.8% of the time.

OutcomeWinResult+1.65REntry$57.57Exit$60.40

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
O win rate
56.3%

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

How these backtests work →

O Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeJan 5, 2026 @ $57.57Jan 26, 2026 @ $60.40Win+1.65R
TriangleOct 30, 2025 @ $58.04Jan 16, 2026 @ $61.42Loss-1.18R
Rising WedgeOct 8, 2025 @ $59.14Nov 4, 2025 @ $56.00Win+1.88R
Falling WedgeAug 15, 2025 @ $58.04Aug 25, 2025 @ $58.21Win+0.08R
Falling WedgeAug 8, 2025 @ $57.16Aug 25, 2025 @ $58.21Win+0.85R
TriangleApr 4, 2025 @ $56.20Apr 9, 2025 @ $51.24Win+2.40R
Rising WedgeMar 14, 2025 @ $55.91Apr 7, 2025 @ $53.14Win+0.62R
TriangleJul 11, 2024 @ $54.13Jul 31, 2024 @ $57.43Win+1.42R
TriangleJun 26, 2024 @ $52.66Jul 11, 2024 @ $55.00Loss-1.57R
Rising WedgeApr 10, 2024 @ $52.91Apr 17, 2024 @ $50.77Win+1.45R
TriangleMar 27, 2024 @ $53.00Apr 16, 2024 @ $50.80Loss-1.12R
Rising WedgeJan 12, 2024 @ $58.56Jan 19, 2024 @ $55.49Win+2.41R

O Support and Resistance Levels

Price found a floor near $60.49 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $72.56 — still about 15% away.

  • Traders commonly watch $72.56 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 $60.49 floor about 6 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 $60.40, resistance near $72.85. These are chart/swing-derived levels, not formula pivots.

Resistance
$72.85
Support
$60.40$59.40$50.71

O Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$63.01$63.23$62.13$62.90
Aug 3, 2026$63.88$64.13$62.96$63.48
Jul 31, 2026$63.91$64.07$63.24$63.87
Jul 30, 2026$65.57$65.99$63.66$64.43
Jul 29, 2026$65.98$66.27$65.17$65.54
Jul 28, 2026$66.28$66.57$65.63$65.73
Jul 27, 2026$65.57$66.25$65.31$65.50
Jul 24, 2026$64.90$65.73$64.85$65.60
Jul 23, 2026$65.31$65.40$64.40$64.72
Jul 22, 2026$65.33$65.63$65.00$65.03

O Frequently Asked Questions

What chart pattern is O forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Realty Income (O) on the daily chart, with a measured-move target of $59.59.
Is a falling wedge bullish or bearish?
The falling wedge detected on O is a bullish pattern, projecting a measured-move target of $59.59. 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 O?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), O's nearest support is around $60.40 and nearest resistance around $72.85.
What is the price target if O's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $59.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was O's closing price on Aug 4, 2026?
Realty Income (O) last closed at $62.90 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.