UDR Chart Patterns, Support & Resistance & Technical Analysis

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

$38.55last close · Aug 4, 202652-week range $32.94$42.00 · 8.21% below the high

UDR Rising Wedge Pattern

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

A rising wedge usually breaks lower, but UDR is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $39.82 (+5.1%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; UDR's own rising wedges have hit 48.1%.

DirectionBullishTarget$39.82Projected move+5.1%Breakout level$37.99

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

UDR's Most Recent Rising Wedge Trade

UDR's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Feb 10, 2026 near $38.25, then was stopped out at $38.00 on Feb 17, 2026 — a -0.12R move (0.7%) over 4 sessions. Across 170 backtested rising wedges, this setup wins 49.4% of the time.

OutcomeLossResult-0.12REntry$38.25Exit$38.00

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
UDR win rate
48.1%

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

How these backtests work →

UDR Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeFeb 10, 2026 @ $38.25Feb 17, 2026 @ $38.00Loss-0.12R
TriangleDec 29, 2025 @ $36.68Feb 17, 2026 @ $38.00Win+0.65R
TriangleSep 15, 2025 @ $38.15Oct 10, 2025 @ $35.53Win+1.79R
TriangleJul 17, 2025 @ $40.91Jul 31, 2025 @ $39.29Loss-1.22R
Falling WedgeJul 7, 2025 @ $41.00Jul 15, 2025 @ $39.98Loss-1.02R
Falling WedgeNov 6, 2024 @ $43.27Jan 10, 2025 @ $40.09Loss-1.43R
TriangleApr 15, 2024 @ $36.25Apr 25, 2024 @ $37.97Loss-1.01R
TriangleJan 17, 2024 @ $37.62Jan 26, 2024 @ $36.27Win+0.92R
Rising WedgeDec 12, 2023 @ $35.43Jan 3, 2024 @ $37.66Win+0.73R
TriangleNov 29, 2023 @ $34.09Jan 3, 2024 @ $37.66Win+2.08R
TriangleJul 26, 2023 @ $42.15Aug 15, 2023 @ $38.57Win+2.36R
Falling WedgeJun 2, 2023 @ $40.72Jun 21, 2023 @ $42.45Win+0.74R

UDR Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a ceiling overhead near $54.62 — where price has stalled before.

  • There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
  • Watch how price behaves as it approaches $54.62 — that's where the next read tends to form.

Nearest auto-detected resistance near $40.25. These are chart/swing-derived levels, not formula pivots.

Resistance
$40.25$40.76$42.00$54.38

UDR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$38.12$38.62$38.08$38.55
Aug 3, 2026$38.29$38.77$38.10$38.69
Jul 31, 2026$38.06$38.20$37.64$38.16
Jul 30, 2026$39.39$39.48$38.05$38.30
Jul 29, 2026$39.23$39.75$38.85$39.72
Jul 28, 2026$38.48$39.73$38.48$39.00
Jul 27, 2026$39.41$39.64$39.17$39.27
Jul 24, 2026$39.26$39.77$39.26$39.59
Jul 23, 2026$39.49$39.91$39.31$39.48
Jul 22, 2026$39.63$39.69$39.27$39.54

UDR Frequently Asked Questions

What chart pattern is UDR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on UDR on the daily chart, with a measured-move target of $39.82.
Is a rising wedge bullish or bearish?
The rising wedge detected on UDR is a bullish pattern, projecting a measured-move target of $39.82. 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 UDR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), UDR's nearest support is around n/a and nearest resistance around $40.25.
What is the price target if UDR's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $39.82 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was UDR's closing price on Aug 4, 2026?
UDR last closed at $38.55 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.