Waters (WAT) Chart Patterns, Support & Resistance & Technical Analysis

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

$396.08last close · Aug 4, 202652-week range $275.05 – $414.15 · 4.36% below the high

WAT Triangle Pattern

WAT is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $329.42 (−14.0%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; WAT's own triangles have hit 43.5%.

DirectionBearishTarget$329.42Projected move−14.0%Breakout level$376.35

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

WAT's Most Recent Triangle Trade

WAT's most recent completed triangle resolved as a loss: it broke down on Jul 16, 2026 near $373.80, then was stopped out at $396.08 on Aug 4, 2026 — a -1.94R move (6.0%) over 13 sessions. Across 122 backtested triangles, this setup wins 46.7% of the time.

OutcomeLossResult-1.94REntry$373.80Exit$396.08

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
WAT win rate
43.5%

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

How these backtests work →

WAT Pattern Trade History

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

PatternEntryExitOutcomeResult
TriangleJul 16, 2026 @ $373.80Aug 4, 2026 @ $396.08Loss-1.94R
TriangleJul 8, 2026 @ $370.70Aug 4, 2026 @ $396.08Loss-1.74R
Falling WedgeFeb 9, 2026 @ $332.29Feb 10, 2026 @ $330.93Win+0.02R
TriangleJan 29, 2026 @ $375.90Feb 9, 2026 @ $338.61Win+1.48R
Rising WedgeNov 24, 2025 @ $399.43Jan 30, 2026 @ $370.72Loss-1.03R
TriangleSep 24, 2025 @ $296.01Oct 1, 2025 @ $319.81Loss-1.54R
Bullish PennantJun 25, 2025 @ $353.21Jul 14, 2025 @ $304.18Loss-2.55R
Rising WedgeMay 30, 2025 @ $352.78Jul 14, 2025 @ $319.96Win+2.15R
TriangleJan 14, 2025 @ $401.52Apr 3, 2025 @ $345.12Loss-1.20R
Bullish PennantSep 24, 2024 @ $345.78Nov 14, 2024 @ $376.72Win+1.00R
Bullish PennantFeb 23, 2024 @ $333.55Apr 17, 2024 @ $304.18Loss-1.11R
Falling WedgeMay 9, 2023 @ $268.06May 11, 2023 @ $266.06Win+0.06R

WAT Support and Resistance Levels

Price found a floor near $361.94 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $624.54 — still about 58% away.

  • Traders commonly watch $624.54 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 $361.94 floor about 4 weeks 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 $362.01, resistance near $621.11. These are chart/swing-derived levels, not formula pivots.

Resistance
$621.11$975.16
Support
$362.01$358.13$328.19$293.34$275.05

WAT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$383.39$402.18$379.50$396.08
Aug 3, 2026$381.35$381.35$373.53$374.74
Jul 31, 2026$382.78$385.00$370.76$377.31
Jul 30, 2026$375.99$382.70$370.40$380.30
Jul 29, 2026$387.70$391.87$377.37$379.48
Jul 28, 2026$375.09$387.42$375.06$383.90
Jul 27, 2026$372.69$375.97$367.67$371.20
Jul 24, 2026$381.97$384.23$372.51$374.68
Jul 23, 2026$378.94$389.99$375.05$382.41
Jul 22, 2026$367.55$372.23$360.96$370.82

WAT Frequently Asked Questions

What chart pattern is WAT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Waters (WAT) on the daily chart, with a measured-move target of $329.42.
Is a triangle bullish or bearish?
The triangle detected on WAT is a bearish pattern, projecting a measured-move target of $329.42. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for WAT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), WAT's nearest support is around $362.01 and nearest resistance around $621.11.
What is the price target if WAT's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $329.42 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WAT's closing price on Aug 4, 2026?
Waters (WAT) last closed at $396.08 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.