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

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

$217.93last close · Aug 4, 202652-week range $150.61 – $221.34 · 1.54% below the high

RTX Rising Wedge Pattern

RTX is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $145.66 (−7.6%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; RTX's own rising wedges have hit 70.0%.

DirectionBearishTarget$145.66Projected move−7.6%Breakout level$156.21

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 7, 2025 near $154.65, then was stopped out at $159.57 on Aug 26, 2025 — a -1.19R move (3.2%) over 13 sessions. Across 177 backtested rising wedges, this setup wins 55.4% of the time.

OutcomeLossResult-1.19REntry$154.65Exit$159.57

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
RTX win rate
70.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), 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 7, 2025 @ $154.65Aug 26, 2025 @ $159.57Loss-1.19R
Rising WedgeJul 23, 2025 @ $153.83Oct 9, 2025 @ $162.18Win+0.81R
Rising WedgeJun 24, 2025 @ $143.50Jul 14, 2025 @ $149.28Loss-1.00R
Falling WedgeApr 30, 2025 @ $125.79Jun 24, 2025 @ $141.85Win+1.22R
Rising WedgeApr 3, 2025 @ $131.00Apr 4, 2025 @ $123.57Win+1.44R
Falling WedgeJan 10, 2025 @ $116.10Feb 7, 2025 @ $127.95Win+5.00R
Rising WedgeOct 31, 2024 @ $121.30Dec 9, 2024 @ $114.59Win+0.91R
Bullish PennantAug 28, 2024 @ $120.22Oct 10, 2024 @ $122.94Win+0.83R
Bullish PennantDec 28, 2023 @ $84.57Feb 8, 2024 @ $91.04Win+1.32R
TriangleDec 22, 2023 @ $83.22Feb 8, 2024 @ $91.04Win+2.20R
TriangleJul 13, 2023 @ $96.59Jul 25, 2023 @ $90.61Win+1.78R
Falling WedgeApr 12, 2023 @ $101.48May 3, 2023 @ $97.16Loss-1.13R

RTX Support and Resistance Levels

Price found a floor near $191.17 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $241.52 — still about 11% away.

  • Traders commonly watch $241.52 as a target (its 161.8% 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 $191.17 floor about 2 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.

Nearest auto-detected support sits near $193.67. These are chart/swing-derived levels, not formula pivots.

Support
$193.67$176.54$166.81

RTX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$217.38$218.60$214.53$217.93
Aug 3, 2026$216.57$218.13$214.42$216.65
Jul 31, 2026$213.35$215.82$212.04$215.22
Jul 30, 2026$214.50$214.64$209.39$214.38
Jul 29, 2026$220.00$220.57$215.01$215.25
Jul 28, 2026$220.99$221.34$215.90$218.58
Jul 27, 2026$214.42$220.39$213.80$218.42
Jul 24, 2026$210.83$214.89$209.26$212.79
Jul 23, 2026$205.00$213.49$202.51$209.16
Jul 22, 2026$195.90$197.35$193.78$194.88

RTX Frequently Asked Questions

What chart pattern is RTX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Raytheon (RTX) on the daily chart, with a measured-move target of $145.66.
Is a rising wedge bullish or bearish?
The rising wedge detected on RTX is a bearish pattern, projecting a measured-move target of $145.66. 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 (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for RTX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), RTX's nearest support is around $193.67 and nearest resistance around n/a.
What is the price target if RTX's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $145.66 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was RTX's closing price on Aug 4, 2026?
Raytheon (RTX) last closed at $217.93 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.