United Rentals (URI) Chart Patterns, Support & Resistance & Technical Analysis

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

$1,150.13last close · Aug 4, 202652-week range $701.59 – $1,177.67 · 2.34% below the high

URI Rising Wedge Pattern

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

A rising wedge usually breaks lower, but URI is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $1,066.16 (+12.3%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; URI's own rising wedges have hit 69.6%.

DirectionBullishTarget$1,066.16Projected move+12.3%Breakout level$967.73

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

URI's Most Recent Falling Wedge Trade

URI's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Mar 18, 2026 near $730.14, then was stopped out at $986.78 on Apr 23, 2026 — a -2.01R move (35.1%) over 25 sessions. Across 113 backtested falling wedges, this setup wins 61.9% of the time.

OutcomeLossResult-2.01REntry$730.14Exit$986.78

Learn about falling wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
URI win rate
69.6%

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

How these backtests work →

URI Pattern Trade History

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

PatternEntryExitOutcomeResult
Falling WedgeMar 18, 2026 @ $730.14Apr 23, 2026 @ $986.78Loss-2.01R
Rising WedgeSep 5, 2025 @ $973.44Oct 28, 2025 @ $875.67Loss-1.13R
TriangleJun 24, 2025 @ $725.00Jul 16, 2025 @ $798.47Win+1.71R
TriangleDec 9, 2024 @ $851.39Dec 17, 2024 @ $761.94Win+3.00R
Rising WedgeOct 21, 2024 @ $833.94Nov 6, 2024 @ $880.32Loss-1.67R
Bullish PennantSep 16, 2024 @ $741.80Nov 15, 2024 @ $836.00Win+1.43R
TriangleJul 11, 2024 @ $654.20Jul 24, 2024 @ $715.82Win+2.19R
Falling WedgeJun 28, 2024 @ $641.09Jul 24, 2024 @ $715.82Win+3.56R
TriangleMay 22, 2024 @ $690.94Jun 14, 2024 @ $606.99Win+3.44R
TriangleApr 15, 2024 @ $665.93Jul 16, 2024 @ $743.01Loss-1.31R
Rising WedgeMar 7, 2024 @ $677.13Jun 14, 2024 @ $604.84Win+1.31R
Rising WedgeDec 13, 2023 @ $517.61Feb 13, 2024 @ $636.88Win+1.90R

URI Support and Resistance Levels

Price found a floor near $756.98 about 4 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $1,212.76 — still about 5% away.

  • Traders commonly watch $1,212.76 as a target (its 200% 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 $756.98 floor about 4 months 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 $1,147.01, resistance near $1,212.76. These are chart/swing-derived levels, not formula pivots.

Resistance
$1,212.76$1,377.07$1,479.81$1,624.41
Support
$1,147.01$1,138.24$1,103.65$719.19$699.03

URI Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$1,126.99$1,151.20$1,115.44$1,150.13
Aug 3, 2026$1,080.13$1,121.88$1,076.00$1,115.92
Jul 31, 2026$1,076.46$1,089.00$1,060.82$1,079.26
Jul 30, 2026$1,070.94$1,082.87$1,052.32$1,068.63
Jul 29, 2026$1,095.81$1,096.31$1,055.11$1,055.11
Jul 28, 2026$1,135.32$1,140.05$1,087.24$1,091.26
Jul 27, 2026$1,132.01$1,138.74$1,112.67$1,127.91
Jul 24, 2026$1,131.80$1,150.06$1,124.36$1,141.59
Jul 23, 2026$1,096.00$1,177.67$1,093.14$1,139.71
Jul 22, 2026$1,017.23$1,037.12$1,006.34$1,035.06

URI Frequently Asked Questions

What chart pattern is URI forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on United Rentals (URI) on the daily chart, with a measured-move target of $1,066.16.
Is a rising wedge bullish or bearish?
The rising wedge detected on URI is a bullish pattern, projecting a measured-move target of $1,066.16. 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 URI?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), URI's nearest support is around $1,147.01 and nearest resistance around $1,212.76.
What is the price target if URI's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $1,066.16 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was URI's closing price on Aug 4, 2026?
United Rentals (URI) last closed at $1,150.13 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.