United Rentals(URI)

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

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

$1,035.06last close · Jul 22, 202652-week range $701.59$1,143.69 · 9.5% below the high

URI Falling Wedge Pattern

URI is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge usually breaks higher, but URI is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $544.36 (−24.8%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; URI's own falling wedges have hit 47.1%.

DirectionBearishTarget$544.36Projected move−24.8%Breakout level$734.49

New to this pattern? What a falling 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 35.1% move (-2.01R) over 25 sessions. Across 83 backtested falling wedges, this setup wins 63.9% of the time.

OutcomeLossResult-35.1%R-2.01REntry$730.14Exit$986.78

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
URI win rate
47.1%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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+24.8% · -2.01R
Rising WedgeSep 5, 2025 @ $973.86Oct 28, 2025 @ $875.67Loss+12.3% · -1.13R
Bullish PennantSep 16, 2024 @ $741.80Nov 15, 2024 @ $836.00Win+24.5% · +1.43R
TriangleAug 8, 2024 @ $670.54Sep 17, 2024 @ $771.26Loss+17.8% · -1.15R
TriangleJul 11, 2024 @ $654.20Jul 24, 2024 @ $715.82Win+8.7% · +2.19R
Falling WedgeJul 1, 2024 @ $649.07Jul 24, 2024 @ $715.82Win+14.2% · +2.31R
TriangleMay 22, 2024 @ $690.94Jun 14, 2024 @ $606.99Win+14.4% · +3.44R
TriangleApr 11, 2024 @ $675.35Jun 14, 2024 @ $599.30Win+12.6% · +1.53R
Rising WedgeMar 7, 2024 @ $677.13Jun 14, 2024 @ $608.86Win+13.3% · +1.24R
Rising WedgeDec 13, 2023 @ $517.61Feb 13, 2024 @ $636.88Win+19.8% · +1.90R
Falling WedgeOct 20, 2023 @ $409.44Nov 10, 2023 @ $456.53Loss+12.6% · -1.03R
TriangleSep 21, 2023 @ $444.00Oct 25, 2023 @ $402.40Win+10.9% · +0.86R

Falling Wedge Examples on Other Charts

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

Learn about falling wedge

URI Support and Resistance Levels

A chance to go short showed up on the weekly chart about 4 weeks ago: price ran up to $1,121.62 — a level traders often watch as a target (161.8% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.

  • What would have called it off: a weekly close back above $1,121.62, where the turn lower would have failed.

URI Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$1,017.23$1,037.12$1,006.34$1,035.06
Jul 21, 2026$1,020.97$1,023.61$994.86$1,013.54
Jul 20, 2026$1,057.67$1,057.67$1,010.63$1,012.71
Jul 17, 2026$1,060.65$1,076.64$1,041.71$1,045.21
Jul 16, 2026$1,045.07$1,076.50$1,042.51$1,071.82
Jul 15, 2026$1,066.56$1,069.89$1,035.00$1,047.28
Jul 14, 2026$1,104.46$1,106.00$1,061.42$1,065.83
Jul 13, 2026$1,097.05$1,104.85$1,080.83$1,085.34
Jul 10, 2026$1,088.02$1,110.65$1,088.02$1,095.55
Jul 9, 2026$1,077.33$1,097.12$1,077.33$1,088.67

URI Frequently Asked Questions

What chart pattern is URI forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on United Rentals (URI) on the daily chart, with a measured-move target of $544.36.
Is a falling wedge bullish or bearish?
The falling wedge detected on URI is a bearish pattern, projecting a measured-move target of $544.36. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if URI's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $544.36 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was URI's closing price on Jul 22, 2026?
United Rentals (URI) last closed at $1,035.06 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.