O'reilly Automotive(ORLY)

O'reilly Automotive (ORLY) Chart Patterns, Support & Resistance & Technical Analysis

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

$86.53last close · Jul 22, 202652-week range $82.59 – $108.72 · 20.41% below the high

ORLY Falling Wedge Pattern

ORLY is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $98.51 (+10.7%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; ORLY's own falling wedges have hit 38.5%.

DirectionBullishTarget$98.51Projected move+10.7%Breakout level$88.82

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

ORLY's Most Recent Falling Wedge Trade

ORLY's most recent completed falling wedge resolved as a loss: it broke higher on Jun 4, 2026 near $89.69, then was stopped out at $84.24 on Jul 6, 2026 — a 6.1% move (-1.26R) over 20 sessions. Across 90 backtested falling wedges, this setup wins 52.2% of the time.

OutcomeLossResult-6.1%R-1.26REntry$89.69Exit$84.24

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
ORLY win rate
38.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

ORLY Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeJun 4, 2026 @ $89.69Jul 6, 2026 @ $84.24Loss+10.7% · -1.26R
Falling WedgeMar 5, 2026 @ $94.54Mar 17, 2026 @ $89.39Loss+9.5% · -1.19R
TriangleJul 7, 2025 @ $91.54Aug 14, 2025 @ $101.50Win+11.9% · +2.16R
Falling WedgeJun 24, 2025 @ $90.92Aug 14, 2025 @ $101.50Win+8.4% · +2.66R
TriangleJun 16, 2025 @ $89.47Jul 14, 2025 @ $93.12Loss+6.7% · -1.05R
TriangleMay 12, 2025 @ $89.65Jul 24, 2025 @ $98.16Loss+10.3% · -1.36R
Rising WedgeDec 18, 2024 @ $82.81Jan 29, 2025 @ $85.87Loss+7.7% · -1.10R
Rising WedgeDec 9, 2024 @ $84.10Dec 30, 2024 @ $78.66Loss+7.0% · -1.02R
TriangleSep 25, 2024 @ $76.13Oct 24, 2024 @ $79.98Win+3.7% · +1.38R
TriangleJul 25, 2024 @ $71.11Oct 24, 2024 @ $79.98Win+9.9% · +3.33R
Bullish PennantMar 18, 2024 @ $74.97May 1, 2024 @ $67.01Loss+8.9% · -1.04R
TriangleApr 11, 2023 @ $58.35May 15, 2023 @ $63.02Win+11.1% · +0.88R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

ORLY Support and Resistance Levels

Price is bouncing off a floor near $84.31 and starting to climb. On the weekly chart, the next ceiling overhead sits near $104.02 — about 20% away.

  • Traders commonly watch $104.02 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 $84.31 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

ORLY Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$88.00$89.03$86.18$86.53
Jul 21, 2026$89.80$90.58$87.18$87.97
Jul 20, 2026$86.11$86.24$84.45$84.53
Jul 17, 2026$87.14$88.08$85.28$86.05
Jul 16, 2026$84.15$86.30$83.74$86.25
Jul 15, 2026$85.04$86.35$82.59$82.73
Jul 14, 2026$86.41$87.33$85.34$85.75
Jul 13, 2026$87.27$88.02$86.22$87.28
Jul 10, 2026$84.99$86.45$83.80$86.28
Jul 9, 2026$84.53$85.38$83.91$85.12

ORLY Frequently Asked Questions

What chart pattern is ORLY forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on O'reilly Automotive (ORLY) on the daily chart, with a measured-move target of $98.51.
Is a falling wedge bullish or bearish?
The falling wedge detected on ORLY is a bullish pattern, projecting a measured-move target of $98.51. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if ORLY's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $98.51 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ORLY's closing price on Jul 22, 2026?
O'reilly Automotive (ORLY) last closed at $86.53 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.