Raytheon(RTX)

Raytheon (RTX) Chart Patterns, Support & Resistance & Technical Analysis

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

$194.88last close · Jul 22, 202652-week range $143.56$214.50 · 9.15% below the high

RTX Rising Wedge Pattern

RTX is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $146.53 (−7.5%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; RTX's own rising wedges have hit 59.3%.

DirectionBearishTarget$146.53Projected move−7.5%Breakout level$156.91

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

RTX's Most Recent Rising Wedge Trade

RTX's most recent completed rising wedge resolved as a loss: it broke down on Aug 6, 2025 near $155.67, then was stopped out at $159.57 on Aug 26, 2025 — a 2.5% move (-1.25R) over 14 sessions. Across 138 backtested rising wedges, this setup wins 55.1% of the time.

OutcomeLossResult-2.5%R-1.25REntry$155.67Exit$159.57

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
RTX win rate
59.3%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

RTX Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeAug 6, 2025 @ $155.67Aug 26, 2025 @ $159.57Loss+7.5% · -1.25R
Rising WedgeJul 23, 2025 @ $153.83Oct 9, 2025 @ $162.18Win+7.2% · +0.81R
Rising WedgeJun 24, 2025 @ $143.50Jul 14, 2025 @ $149.28Loss+8.3% · -1.00R
Falling WedgeApr 30, 2025 @ $125.79Jun 24, 2025 @ $141.85Win+16.5% · +1.22R
Rising WedgeApr 3, 2025 @ $131.00Apr 4, 2025 @ $122.58Win+7.5% · +1.63R
Falling WedgeJan 10, 2025 @ $116.10Feb 7, 2025 @ $127.95Win+6.5% · +5.00R
Falling WedgeDec 13, 2024 @ $116.01Jan 21, 2025 @ $125.75Loss+6.4% · -1.63R
Rising WedgeOct 31, 2024 @ $121.30Dec 9, 2024 @ $114.59Win+6.3% · +0.91R
Bullish PennantAug 28, 2024 @ $120.22Oct 10, 2024 @ $122.94Win+4.7% · +0.83R
Bullish PennantDec 28, 2023 @ $84.57Feb 8, 2024 @ $91.04Win+7.8% · +1.32R
TriangleDec 22, 2023 @ $83.22Feb 8, 2024 @ $91.04Win+6.6% · +2.20R
Falling WedgeApr 12, 2023 @ $101.48May 3, 2023 @ $97.16Loss+7.3% · -1.13R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

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RTX Support and Resistance Levels

Price found a floor near $184.72 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $205.14 — still about 5% away.

  • Traders commonly watch $205.14 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 $184.72 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

RTX Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$195.90$197.35$193.78$194.88
Jul 21, 2026$194.00$197.14$190.02$193.67
Jul 20, 2026$194.63$197.54$194.10$194.44
Jul 17, 2026$195.38$198.44$192.97$193.51
Jul 16, 2026$195.66$196.72$192.85$194.36
Jul 15, 2026$195.02$196.28$193.14$195.89
Jul 14, 2026$196.38$198.50$193.39$193.39
Jul 13, 2026$196.44$197.69$195.23$196.39
Jul 10, 2026$195.01$196.69$192.59$195.93
Jul 9, 2026$193.99$195.83$193.00$195.20

RTX Frequently Asked Questions

What chart pattern is RTX forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Raytheon (RTX) on the daily chart, with a measured-move target of $146.53.
Is a rising wedge bullish or bearish?
The rising wedge detected on RTX is a bearish pattern, projecting a measured-move target of $146.53. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if RTX's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $146.53 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was RTX's closing price on Jul 22, 2026?
Raytheon (RTX) last closed at $194.88 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.