Auto-detected technical analysis for RL · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
RL is breaking down from a rising wedge — a sign the recent run may be rolling over.
On this chart, setups like it have followed through about 48% of the time.
As long as price stays below $417.1, it's in play — a daily close back above there calls it off.
The move's natural target sits near $345.9.
RL is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a rising wedge is and how to trade it →
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on RL's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | May 11, 2026 @ $350.81 | May 18, 2026 @ $325.10 | Win | +1.07R |
| Bullish Pennant | Apr 1, 2026 @ $348.86 | May 19, 2026 @ $320.69 | Loss | -1.15R |
| Triangle | Jan 27, 2026 @ $356.60 | Feb 5, 2026 @ $332.76 | Win | +1.16R |
| Rising Wedge | Sep 25, 2025 @ $307.96 | Oct 2, 2025 @ $322.38 | Loss | -1.04R |
| Triangle | Sep 2, 2025 @ $300.14 | Oct 10, 2025 @ $309.42 | Win | +0.56R |
| Rising Wedge | Aug 6, 2025 @ $299.30 | Aug 7, 2025 @ $280.80 | Win | +2.63R |
| Bullish Pennant | Jan 6, 2025 @ $238.09 | Feb 21, 2025 @ $277.68 | Win | +2.33R |
| Triangle | Sep 13, 2024 @ $177.40 | Oct 22, 2024 @ $199.19 | Win | +2.92R |
| Falling Wedge | Aug 21, 2024 @ $168.54 | Oct 22, 2024 @ $199.19 | Win | +3.01R |
| Triangle | Nov 8, 2023 @ $116.41 | Dec 29, 2023 @ $144.20 | Win | +4.07R |
| Rising Wedge | Jul 11, 2023 @ $130.15 | Aug 16, 2023 @ $117.75 | Loss | -1.05R |
| Bullish Pennant | Jul 10, 2023 @ $125.85 | Jul 14, 2023 @ $125.38 | Loss | -0.06R |
Price was turned away at a ceiling near $439.94 about 6 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $358.91 — still about 5% away.
Nearest auto-detected support sits near $290.87, resistance near $422.86. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $382.51 | $385.00 | $376.70 | $377.92 |
| Aug 3, 2026 | $392.00 | $392.94 | $373.45 | $380.17 |
| Jul 31, 2026 | $386.79 | $387.29 | $380.10 | $380.34 |
| Jul 30, 2026 | $378.16 | $388.13 | $376.00 | $385.91 |
| Jul 29, 2026 | $372.92 | $379.93 | $367.57 | $375.68 |
| Jul 28, 2026 | $382.72 | $388.03 | $377.22 | $377.46 |
| Jul 27, 2026 | $374.24 | $383.57 | $374.23 | $379.94 |
| Jul 24, 2026 | $368.65 | $379.87 | $366.93 | $373.58 |
| Jul 23, 2026 | $381.45 | $382.12 | $370.17 | $371.69 |
| Jul 22, 2026 | $383.37 | $388.16 | $381.62 | $387.14 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.