Qnity Electronics (Q) Chart Patterns, Support & Resistance & Technical Analysis

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

$141.67last close · Aug 4, 202652-week range $72.81$177.28 · 20.09% below the high

Q Bullish Pennant Pattern

Q is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $151.81 (+33.4%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; Q's own bullish pennants have hit 100.0%.

DirectionBullishTarget$151.81Projected move+33.4%Breakout level$116.62

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

Q's Most Recent Bullish Pennant Trade

Q's most recent completed bullish pennant resolved as a win: it broke higher on Apr 1, 2026 near $119.30, then reached its target at $149.03 on May 18, 2026 — a +2.26R move (24.9%) over 32 sessions. Across 1 backtested bullish pennants, this setup wins 100.0% of the time.

OutcomeWinResult+2.26REntry$119.30Exit$149.03

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
Q win rate
100.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

Q Pattern Trade History

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

PatternEntryExitOutcomeResult
Bullish PennantApr 1, 2026 @ $119.30May 18, 2026 @ $149.03Win+2.26R

Q 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.

Nearest auto-detected resistance near $144.25. These are chart/swing-derived levels, not formula pivots.

Resistance
$144.25$177.28

Q Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$141.04$146.08$137.00$141.67
Aug 3, 2026$128.86$135.18$128.71$133.30
Jul 31, 2026$135.36$137.73$128.76$131.18
Jul 30, 2026$129.49$134.66$129.04$130.52
Jul 29, 2026$127.55$129.14$122.67$123.39
Jul 28, 2026$127.18$128.88$123.72$127.89
Jul 27, 2026$136.00$136.07$128.67$132.97
Jul 24, 2026$137.50$139.71$134.09$135.06
Jul 23, 2026$137.02$140.25$135.89$138.66
Jul 22, 2026$136.15$140.63$136.15$138.74

Q Frequently Asked Questions

What chart pattern is Q forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Qnity Electronics (Q) on the daily chart, with a measured-move target of $151.81.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on Q is a bullish pattern, projecting a measured-move target of $151.81. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for Q?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), Q's nearest support is around n/a and nearest resistance around $144.25.
What is the price target if Q's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $151.81 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was Q's closing price on Aug 4, 2026?
Qnity Electronics (Q) last closed at $141.67 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.