Paramount Skydance(PSKY)

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

Auto-detected technical analysis for PSKY · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$8.78last close · Jul 22, 202652-week range $8.41$20.86 · 57.91% below the high
Falling Wedge · playing out now

PSKY is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

As long as price stays below $10.39, it's in play — a daily close back above there calls it off.

The move's natural target sits near $7.90.

PSKY Falling Wedge Pattern

PSKY is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$7.90Projected move−15.0%Breakout level$9.35

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

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683

Historical pattern statistics (1987-01-30 – 2026-07-17), 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
TriangleJun 16, 2026 @ $10.32Jul 9, 2026 @ $9.03Win+14.0% · +1.99R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

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
Jul 22, 2026$8.57$8.92$8.46$8.78
Jul 21, 2026$8.51$8.65$8.41$8.53
Jul 20, 2026$8.80$8.84$8.56$8.57
Jul 17, 2026$9.06$9.13$8.69$8.75
Jul 16, 2026$9.28$9.38$9.12$9.14
Jul 15, 2026$9.22$9.35$9.07$9.25
Jul 14, 2026$9.46$9.55$9.10$9.12
Jul 13, 2026$9.46$9.80$9.38$9.55
Jul 10, 2026$9.42$9.53$9.24$9.41
Jul 9, 2026$9.25$9.42$8.84$9.33

PSKY Frequently Asked Questions

What chart pattern is PSKY forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Paramount Skydance (PSKY) on the daily chart, with a measured-move target of $7.90.
Is a falling wedge bullish or bearish?
The falling wedge detected on PSKY is a bearish pattern, projecting a measured-move target of $7.90. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. 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 $7.90 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PSKY's closing price on Jul 22, 2026?
Paramount Skydance (PSKY) last closed at $8.78 on Jul 22, 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.