OTIS Worldwide (OTIS) Chart Patterns, Support & Resistance & Technical Analysis

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

$73.64last close · Aug 4, 202652-week range $69.16 – $94.56 · 22.13% below the high

OTIS Triangle Pattern

OTIS is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $77.11 (+6.5%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; OTIS's own triangles have hit 33.3%.

DirectionBullishTarget$77.11Projected move+6.5%Breakout level$72.52

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

OTIS's Most Recent Triangle Trade

OTIS's most recent completed triangle resolved as a loss: it broke higher on Jul 16, 2026 near $72.86, then was stopped out at $70.41 on Jul 22, 2026 — a -1.09R move (3.4%) over 4 sessions. Across 35 backtested triangles, this setup wins 54.3% of the time.

OutcomeLossResult-1.09REntry$72.86Exit$70.41

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
OTIS win rate
33.3%

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

How these backtests work →

OTIS Pattern Trade History

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

PatternEntryExitOutcomeResult
TriangleJul 16, 2026 @ $72.86Jul 22, 2026 @ $70.41Loss-1.09R
Falling WedgeJun 8, 2026 @ $70.60Jun 30, 2026 @ $71.60Win+0.70R
Rising WedgeMar 6, 2026 @ $90.06Mar 12, 2026 @ $83.29Win+1.64R
Rising WedgeNov 7, 2025 @ $90.66Jan 28, 2026 @ $85.58Win+1.49R
Rising WedgeOct 7, 2025 @ $90.45Oct 29, 2025 @ $93.38Loss-1.09R
TriangleJun 30, 2025 @ $98.42Jul 23, 2025 @ $88.49Loss-2.18R
TriangleNov 22, 2024 @ $100.54Dec 12, 2024 @ $98.27Loss-1.21R
Rising WedgeJun 4, 2024 @ $99.40Jul 24, 2024 @ $91.43Loss-1.53R
Rising WedgeFeb 23, 2024 @ $93.19Mar 26, 2024 @ $98.63Win+1.42R
Rising WedgeAug 10, 2023 @ $87.61Aug 18, 2023 @ $83.78Win+1.03R
TriangleJul 20, 2023 @ $86.49Jul 26, 2023 @ $90.73Loss-1.44R
Rising WedgeMar 9, 2023 @ $84.41Mar 15, 2023 @ $80.34Win+1.39R

OTIS Support and Resistance Levels

Price is bouncing off a floor near $70.37 and starting to climb. On the weekly chart, the next ceiling overhead sits near $120.93 — about 64% away.

  • Traders commonly watch $120.93 as a target (its 161.8% 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 $70.37 floor about a week 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 $69.98, resistance near $73.97. These are chart/swing-derived levels, not formula pivots.

Resistance
$73.97$74.58$76.05
Support
$69.98$69.16$69.03

OTIS Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$72.89$73.75$71.64$73.64
Aug 3, 2026$72.46$73.62$71.94$72.19
Jul 31, 2026$71.56$72.11$70.83$71.95
Jul 30, 2026$72.92$73.07$70.63$71.69
Jul 29, 2026$73.39$73.61$72.29$73.36
Jul 28, 2026$74.00$75.32$73.36$73.61
Jul 27, 2026$71.95$73.88$71.73$73.19
Jul 24, 2026$71.19$72.15$70.86$71.93
Jul 23, 2026$70.45$70.89$69.26$70.77
Jul 22, 2026$70.36$72.26$69.70$70.41

OTIS Frequently Asked Questions

What chart pattern is OTIS forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on OTIS Worldwide (OTIS) on the daily chart, with a measured-move target of $77.11.
Is a triangle bullish or bearish?
The triangle detected on OTIS is a bullish pattern, projecting a measured-move target of $77.11. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. 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 Aug 4, 2026), OTIS's nearest support is around $69.98 and nearest resistance around $73.97.
What is the price target if OTIS's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $77.11 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was OTIS's closing price on Aug 4, 2026?
OTIS Worldwide (OTIS) last closed at $73.64 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.