Paramount Skydance (PSKY) Chart Patterns, Support & Resistance & Technical Analysis

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

$8.38last close · Aug 4, 202652-week range $7.62 – $20.86 · 59.83% below the high

PSKY Falling Wedge Pattern

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

A falling wedge usually breaks higher, but PSKY is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $7.87 (−14.4%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; PSKY's own falling wedges have hit 100.0%.

DirectionBearishTarget$7.87Projected move−14.4%Breakout level$9.28

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

PSKY's Most Recent Falling Wedge Trade

PSKY's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Jul 14, 2026 near $9.20, then reached its target at $7.87 on Jul 27, 2026 — a +1.12R move (14.5%) over 9 sessions. Across 3 backtested falling wedges, this setup wins 100.0% of the time.

OutcomeWinResult+1.12REntry$9.20Exit$7.87

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
PSKY win rate
100.0%

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

How these backtests work →

PSKY Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeJul 14, 2026 @ $9.20Jul 27, 2026 @ $7.87Win+1.12R
TriangleJun 16, 2026 @ $10.32Jul 9, 2026 @ $9.03Win+2.00R
Rising WedgeOct 10, 2025 @ $17.98Dec 5, 2025 @ $13.66Win+2.05R

PSKY Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

PSKY Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$8.23$8.52$8.21$8.38
Aug 3, 2026$8.00$8.23$7.92$8.22
Jul 31, 2026$7.80$8.00$7.62$7.96
Jul 30, 2026$7.90$7.91$7.66$7.81
Jul 29, 2026$8.11$8.13$7.82$7.95
Jul 28, 2026$8.08$8.18$7.96$8.07
Jul 27, 2026$8.20$8.24$7.86$8.03
Jul 24, 2026$8.50$8.57$8.17$8.21
Jul 23, 2026$8.67$8.73$8.46$8.49
Jul 22, 2026$8.57$8.92$8.46$8.78

PSKY Frequently Asked Questions

What chart pattern is PSKY forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Paramount Skydance (PSKY) on the daily chart, with a measured-move target of $7.87.
Is a falling wedge bullish or bearish?
The falling wedge detected on PSKY is a bearish pattern, projecting a measured-move target of $7.87. 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 is the price target if PSKY's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $7.87 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PSKY's closing price on Aug 4, 2026?
Paramount Skydance (PSKY) last closed at $8.38 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.