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

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

$91.83last close · Aug 4, 202652-week range $82.59 – $108.72 · 15.53% below the high

ORLY Falling Wedge Pattern

ORLY 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 $98.57 (+10.8%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; ORLY's own falling wedges have hit 35.7%.

DirectionBullishTarget$98.57Projected move+10.8%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 -1.26R move (6.1%) over 20 sessions. Across 132 backtested falling wedges, this setup wins 50.0% of the time.

OutcomeLossResult-1.26REntry$89.69Exit$84.24

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
ORLY win rate
35.7%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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-1.26R
Falling WedgeMar 5, 2026 @ $94.54Mar 17, 2026 @ $89.39Loss-1.19R
TriangleJul 18, 2025 @ $93.01Aug 14, 2025 @ $101.50Win+3.23R
TriangleJul 7, 2025 @ $91.88Aug 14, 2025 @ $101.50Win+1.95R
TriangleJun 16, 2025 @ $89.47Jul 14, 2025 @ $93.12Loss-1.05R
TriangleMay 9, 2025 @ $89.87Jul 24, 2025 @ $98.16Loss-1.38R
Rising WedgeDec 18, 2024 @ $82.81Jan 29, 2025 @ $85.87Loss-1.10R
Rising WedgeDec 9, 2024 @ $84.10Dec 30, 2024 @ $78.66Loss-1.02R
TriangleSep 25, 2024 @ $76.13Oct 24, 2024 @ $79.98Win+1.38R
TriangleJul 25, 2024 @ $71.11Oct 24, 2024 @ $79.98Win+3.33R
Falling WedgeJun 4, 2024 @ $64.38Jun 28, 2024 @ $70.40Win+4.95R
Bullish PennantMar 18, 2024 @ $74.97May 1, 2024 @ $67.01Loss-1.04R

ORLY Support and Resistance Levels

Price is being turned away at a ceiling near $92.01 and starting to slide. On the weekly chart, the next floor below sits near $81.52 — about 11% away.

  • Traders commonly watch $81.52 as a target (its 38.2% 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 yet — the spot to watch is right at the $92.01 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $85.78, resistance near $93.73. These are chart/swing-derived levels, not formula pivots.

Resistance
$93.73$103.89$134.31
Support
$85.78$84.82$82.79$81.52

ORLY Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$88.88$92.02$88.45$91.83
Aug 3, 2026$91.42$91.47$89.51$89.76
Jul 31, 2026$87.09$89.55$86.65$89.35
Jul 30, 2026$88.65$90.08$86.13$87.36
Jul 29, 2026$89.92$91.25$88.50$90.63
Jul 28, 2026$91.65$93.24$90.82$91.17
Jul 27, 2026$88.25$91.50$88.08$90.59
Jul 24, 2026$86.15$87.52$85.79$87.40
Jul 23, 2026$86.76$86.76$85.31$86.11
Jul 22, 2026$88.00$89.03$86.18$86.53

ORLY Frequently Asked Questions

What chart pattern is ORLY forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on O'reilly Automotive (ORLY) on the daily chart, with a measured-move target of $98.57.
Is a falling wedge bullish or bearish?
The falling wedge detected on ORLY is a bullish pattern, projecting a measured-move target of $98.57. 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 ORLY?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ORLY's nearest support is around $85.78 and nearest resistance around $93.73.
What is the price target if ORLY's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $98.57 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ORLY's closing price on Aug 4, 2026?
O'reilly Automotive (ORLY) last closed at $91.83 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.