Pepsico (PEP) Chart Patterns, Support & Resistance & Technical Analysis

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

$139.10last close · Aug 4, 202652-week range $133.73 – $171.48 · 18.88% below the high
Falling Wedge · playing out now

PEP just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 60% of the time.

As long as price stays above $133.7, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $149.2 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

PEP Falling Wedge Pattern

PEP is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$149.15Projected move+9.6%Breakout level$136.14

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
PEP win rate
61.5%

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

How these backtests work →

PEP Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeMay 11, 2026 @ $154.30May 18, 2026 @ $147.60Win+1.18R
Rising WedgeDec 23, 2025 @ $146.17Jan 5, 2026 @ $139.94Win+1.01R
TriangleDec 11, 2025 @ $150.15Dec 23, 2025 @ $143.68Loss-1.04R
Falling WedgeMay 15, 2025 @ $129.47Jul 28, 2025 @ $141.57Win+7.56R
TriangleApr 7, 2025 @ $141.32Apr 25, 2025 @ $132.09Win+0.68R
Falling WedgeJan 6, 2025 @ $148.97Jan 27, 2025 @ $154.61Loss-1.20R
TriangleSep 19, 2024 @ $174.34Nov 15, 2024 @ $162.13Win+2.40R
Falling WedgeJul 12, 2024 @ $164.96Aug 6, 2024 @ $172.49Win+1.09R
Falling WedgeMar 18, 2024 @ $168.07May 23, 2024 @ $179.27Win+1.79R
TriangleFeb 29, 2024 @ $165.98Mar 18, 2024 @ $171.26Loss-1.24R
TriangleMar 21, 2023 @ $177.76May 16, 2023 @ $193.43Win+2.30R
TriangleMar 15, 2023 @ $175.26May 16, 2023 @ $193.43Win+4.22R

PEP Support and Resistance Levels

Price is bouncing off a floor near $135.32 and starting to climb. On the weekly chart, the next ceiling overhead sits near $189.90 — about 37% away.

  • Traders commonly watch $189.90 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 $135.32 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.

Nearest auto-detected support sits near $137.93, resistance near $144.23. These are chart/swing-derived levels, not formula pivots.

Resistance
$144.23$147.48$147.93$167.70$168.96$193.70
Support
$137.93$135.81$135.32

PEP Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$137.77$139.21$137.13$139.10
Aug 3, 2026$141.08$141.55$138.71$139.63
Jul 31, 2026$139.53$140.16$138.38$139.56
Jul 30, 2026$141.10$142.52$139.42$140.20
Jul 29, 2026$143.28$145.23$142.58$143.50
Jul 28, 2026$143.21$145.43$141.79$142.86
Jul 27, 2026$137.07$140.31$137.01$139.79
Jul 24, 2026$135.53$137.13$134.57$136.64
Jul 23, 2026$134.70$135.34$133.73$134.95
Jul 22, 2026$136.36$136.36$134.72$135.65

PEP Frequently Asked Questions

What chart pattern is PEP forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Pepsico (PEP) on the daily chart, with a measured-move target of $149.15.
Is a falling wedge bullish or bearish?
The falling wedge detected on PEP is a bullish pattern, projecting a measured-move target of $149.15. 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 PEP?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PEP's nearest support is around $137.93 and nearest resistance around $144.23.
What is the price target if PEP's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $149.15 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PEP's closing price on Aug 4, 2026?
Pepsico (PEP) last closed at $139.10 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.