Auto-detected technical analysis for OTIS · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$73.63last close · Jun 25, 2026
OTIS Falling Wedge Pattern
No chart pattern is currently detected on OTIS. The most recent was a Falling Wedge, detected Jun 5, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $74.31 (+5.7%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; OTIS's own falling wedges have hit 28.6%.
OTIS is in an open Symmetrical Triangle setup — it broke down near $74.82, projecting a target near $65.73, with invalidation at $78.71.
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
OTIS win rate
28.6%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
OTIS support and resistance levels
Price found a floor near $68.11 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $89.13 — still about 21% away.
Traders commonly watch $89.13 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.
Nothing here is a signal to act — the long would have set up at the $68.11 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $69.87, resistance near $81.36. These are chart/swing-derived levels, not formula pivots.
Resistance
$81.36$81.50$82.20$88.55$89.88$90.73
Support
$69.87$69.86$69.50
OTIS recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$73.37
$75.29
$72.63
$73.63
Jun 24, 2026
$71.90
$73.30
$71.89
$72.63
Jun 23, 2026
$72.49
$72.78
$71.75
$71.75
Jun 22, 2026
$72.38
$73.19
$71.87
$72.48
Jun 18, 2026
$73.49
$74.40
$72.79
$73.27
Jun 17, 2026
$73.03
$74.19
$72.48
$72.72
Jun 16, 2026
$72.44
$73.66
$72.19
$73.51
Jun 15, 2026
$71.76
$72.59
$71.55
$71.81
Jun 12, 2026
$71.00
$71.50
$70.11
$70.75
Jun 11, 2026
$70.16
$70.66
$69.27
$70.13
OTIS frequently asked questions
What chart pattern is OTIS forming right now?
No pattern is currently detected on OTIS. The most recent was a Falling Wedge, detected Jun 5, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on OTIS is a bullish pattern, projecting a measured-move target of $74.31. 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 (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for OTIS?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), OTIS's nearest support is around $69.87 and nearest resistance around $81.36.
What is the price target if OTIS's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $74.31 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was OTIS's closing price on Jun 25, 2026?
OTIS Worldwide (OTIS) last closed at $73.63 on Jun 25, 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.
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