Wabtec (WAB) Chart Patterns, Support & Resistance & Technical Analysis

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

$299.07last close · Aug 4, 202652-week range $184.26 – $306.64 · 2.47% below the high

WAB Rising Wedge Pattern

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

A rising wedge usually breaks lower, but WAB is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $248.58 (+9.2%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; WAB's own rising wedges have hit 61.1%.

DirectionBullishTarget$248.58Projected move+9.2%Breakout level$230.59

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

WAB's Most Recent Rising Wedge Trade

WAB's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jan 21, 2026 near $231.68, then reached its target at $260.83 on Mar 3, 2026 — a +1.57R move (12.6%) over 28 sessions. Across 146 backtested rising wedges, this setup wins 49.3% of the time.

OutcomeWinResult+1.57REntry$231.68Exit$260.83

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
WAB win rate
61.1%

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

How these backtests work →

WAB Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeJan 21, 2026 @ $231.68Mar 3, 2026 @ $260.83Win+1.57R
Rising WedgeJan 13, 2026 @ $227.49Mar 3, 2026 @ $260.83Win+2.32R
Rising WedgeDec 30, 2025 @ $216.54Jan 9, 2026 @ $224.42Loss-1.33R
Rising WedgeNov 10, 2025 @ $207.68Dec 30, 2025 @ $216.69Win+0.42R
TriangleOct 29, 2025 @ $202.24Dec 16, 2025 @ $213.73Win+0.71R
Bullish PennantJun 26, 2025 @ $207.55Jul 25, 2025 @ $197.21Loss-1.07R
TriangleDec 13, 2024 @ $201.74Dec 19, 2024 @ $189.89Win+2.05R
TriangleMay 22, 2023 @ $96.59Jun 13, 2023 @ $102.13Loss-1.56R
TriangleMay 16, 2023 @ $97.12Jun 13, 2023 @ $102.13Loss-1.65R
TriangleApr 14, 2023 @ $99.75May 24, 2023 @ $94.70Loss-1.22R
TriangleMar 9, 2023 @ $104.44Mar 13, 2023 @ $99.15Win+1.54R
TriangleMar 2, 2023 @ $105.93Mar 10, 2023 @ $99.96Loss-1.63R

WAB Support and Resistance Levels

Price is bouncing off a floor near $292.96 and starting to climb. On the weekly chart, the next ceiling overhead sits near $394.41 — about 32% away.

  • Traders commonly watch $394.41 as a target (its 685.4% 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 yet — the spot to watch is right at the $292.96 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $285.46. These are chart/swing-derived levels, not formula pivots.

Support
$285.46$269.76$253.32

WAB Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$299.99$301.18$295.69$299.07
Aug 3, 2026$291.55$297.05$290.01$296.47
Jul 31, 2026$294.68$297.82$290.84$290.86
Jul 30, 2026$294.83$296.04$287.75$292.46
Jul 29, 2026$300.83$306.64$291.53$291.76
Jul 28, 2026$301.60$306.10$299.30$305.79
Jul 27, 2026$302.80$303.41$294.27$300.90
Jul 24, 2026$298.78$302.96$297.00$302.50
Jul 23, 2026$293.50$298.15$291.49$297.99
Jul 22, 2026$276.11$295.41$271.44$290.00

WAB Frequently Asked Questions

What chart pattern is WAB forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Wabtec (WAB) on the daily chart, with a measured-move target of $248.58.
Is a rising wedge bullish or bearish?
The rising wedge detected on WAB is a bullish pattern, projecting a measured-move target of $248.58. 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 WAB?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), WAB's nearest support is around $285.46 and nearest resistance around n/a.
What is the price target if WAB's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $248.58 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WAB's closing price on Aug 4, 2026?
Wabtec (WAB) last closed at $299.07 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.