Wabtec(WAB)

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

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

$290.00last close · Jul 22, 202652-week range $184.26$295.41 · 1.83% below the high

WAB Falling Wedge Pattern

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

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $282.34 (+7.4%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; WAB's own falling wedges have hit 57.1%.

DirectionBullishTarget$282.34Projected move+7.4%Breakout level$263.53

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

WAB's Most Recent Falling Wedge Trade

WAB's most recent completed falling wedge resolved as a win: it broke higher on Jun 12, 2026 near $264.84, then reached its target at $269.53 on Jun 26, 2026 — a 1.8% move (+0.45R) over 9 sessions. Across 112 backtested falling wedges, this setup wins 52.7% of the time.

OutcomeWinResult+1.8%R+0.45REntry$264.84Exit$269.53

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
WAB win rate
57.1%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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
Falling WedgeJun 12, 2026 @ $264.84Jun 26, 2026 @ $269.53Win+7.4% · +0.45R
TriangleMay 13, 2026 @ $265.49Jun 22, 2026 @ $276.75Loss+11.8% · -1.25R
Rising WedgeJan 21, 2026 @ $231.68Mar 3, 2026 @ $260.83Win+9.2% · +1.57R
Rising WedgeJan 8, 2026 @ $222.90Jan 28, 2026 @ $228.89Win+4.2% · +0.61R
Rising WedgeDec 29, 2025 @ $216.83Jan 9, 2026 @ $224.42Loss+9.4% · -1.35R
Rising WedgeNov 7, 2025 @ $206.32Dec 16, 2025 @ $213.73Win+7.5% · +0.37R
TriangleOct 29, 2025 @ $202.24Dec 16, 2025 @ $213.73Win+8.1% · +0.71R
TriangleOct 23, 2025 @ $196.41Nov 13, 2025 @ $204.27Win+6.7% · +0.76R
Bullish PennantJun 26, 2025 @ $207.55Jul 25, 2025 @ $197.21Loss+6.0% · -1.07R
TriangleMay 22, 2023 @ $96.59Jun 13, 2023 @ $102.13Loss+6.6% · -1.56R
TriangleMay 15, 2023 @ $97.29May 31, 2023 @ $92.36Win+5.8% · +1.72R
TriangleApr 14, 2023 @ $99.75May 24, 2023 @ $94.70Loss+12.5% · -1.22R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

WAB Support and Resistance Levels

Price is bouncing off a floor near $256.93 and starting to climb. On the weekly chart, the next ceiling overhead sits near $303.39 — about 5% away.

  • Traders commonly watch $303.39 as a target (its 261.8% 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 $256.93 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

WAB Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$276.11$295.41$271.44$290.00
Jul 21, 2026$261.16$263.67$255.76$263.53
Jul 20, 2026$263.63$264.06$256.12$257.85
Jul 17, 2026$259.26$266.57$257.50$262.08
Jul 16, 2026$258.83$263.94$257.61$263.89
Jul 15, 2026$260.95$262.47$256.14$259.71
Jul 14, 2026$263.84$265.76$260.93$262.02
Jul 13, 2026$261.56$264.28$258.72$260.86
Jul 10, 2026$259.90$263.34$258.49$261.21
Jul 9, 2026$262.07$265.05$259.48$259.77

WAB Frequently Asked Questions

What chart pattern is WAB forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Wabtec (WAB) on the daily chart, with a measured-move target of $282.34.
Is a falling wedge bullish or bearish?
The falling wedge detected on WAB is a bullish pattern, projecting a measured-move target of $282.34. 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 WAB's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $282.34 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WAB's closing price on Jul 22, 2026?
Wabtec (WAB) last closed at $290.00 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.