Auto-detected technical analysis for TMO · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
TMO 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 $565.02 (−10.5%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; TMO's own rising wedges have hit 33.3%.
New to this pattern? What a rising wedge is and how to trade it →
TMO's most recent completed rising wedge resolved as a win: it broke down on Jan 28, 2026 near $618.64, then reached its target at $565.02 on Feb 4, 2026 — a +2.12R move (8.7%) over 5 sessions. Across 152 backtested rising wedges, this setup wins 53.3% of the time.
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on TMO's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jan 28, 2026 @ $618.64 | Feb 4, 2026 @ $565.02 | Win | +2.12R |
| Falling Wedge | Jun 6, 2025 @ $403.90 | Jun 17, 2025 @ $390.26 | Loss | -1.08R |
| Falling Wedge | Mar 27, 2025 @ $509.00 | Mar 31, 2025 @ $485.60 | Win | +1.31R |
| Rising Wedge | Jun 13, 2024 @ $568.07 | Jul 25, 2024 @ $594.50 | Loss | -1.48R |
| Triangle | Feb 28, 2024 @ $568.42 | Mar 14, 2024 @ $584.91 | Win | +0.48R |
| Falling Wedge | Jun 2, 2023 @ $524.58 | Sep 27, 2023 @ $498.29 | Loss | -1.01R |
| Triangle | Mar 21, 2023 @ $556.93 | Apr 19, 2023 @ $579.92 | Win | +0.92R |
| Falling Wedge | Nov 10, 2022 @ $507.02 | Nov 28, 2022 @ $540.03 | Win | +1.06R |
| Bullish Pennant | Jul 6, 2022 @ $547.12 | Oct 20, 2022 @ $486.86 | Loss | -1.22R |
| Triangle | May 16, 2022 @ $543.51 | Jun 13, 2022 @ $511.91 | Loss | -1.01R |
| Triangle | Jan 3, 2022 @ $655.03 | Jan 4, 2022 @ $614.98 | Win | +2.31R |
| Rising Wedge | Dec 1, 2021 @ $631.76 | Dec 31, 2021 @ $667.24 | Loss | -1.02R |
Price found a floor near $460.83 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $610.95 — still about 8% away.
Nearest auto-detected support sits near $445.58, resistance near $612.62. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $578.76 | $582.31 | $562.50 | $564.75 |
| Aug 3, 2026 | $576.00 | $583.64 | $572.75 | $574.03 |
| Jul 31, 2026 | $573.40 | $577.59 | $562.87 | $574.30 |
| Jul 30, 2026 | $567.37 | $577.05 | $560.42 | $576.77 |
| Jul 29, 2026 | $578.71 | $584.54 | $571.20 | $576.46 |
| Jul 28, 2026 | $572.00 | $588.56 | $568.98 | $576.41 |
| Jul 27, 2026 | $565.00 | $568.35 | $556.01 | $559.53 |
| Jul 24, 2026 | $570.00 | $574.00 | $555.91 | $568.26 |
| Jul 23, 2026 | $573.68 | $587.49 | $568.84 | $572.32 |
| Jul 22, 2026 | $524.72 | $528.81 | $517.60 | $526.46 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.