Warner Bros Discovery(WBD)

Warner Bros Discovery (WBD) Chart Patterns, Support & Resistance & Technical Analysis

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

$25.85last close · Jul 22, 202652-week range $10.76 – $30.00 · 13.83% below the high

WBD Rising Wedge Pattern

WBD is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $16.77 (−48.4%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; WBD's own rising wedges have hit 46.7%.

DirectionBearishTarget$16.77Projected move−48.4%Breakout level$23.02

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

WBD's Most Recent Bullish Pennant Trade

WBD's most recent completed bullish pennant resolved as a win: it broke higher on Sep 5, 2025 near $12.02, then reached its target at $18.87 on Sep 29, 2025 — a 56.9% move (+8.83R) over 16 sessions. Across 71 backtested bullish pennants, this setup wins 53.5% of the time.

OutcomeWinResult+56.9%R+8.83REntry$12.02Exit$18.87

Learn about bullish pennant

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

WBD win rate

46.7%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

WBD Pattern Trade History

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

Pattern	Entry	Exit	Outcome	Result
Bullish Pennant	Sep 5, 2025 @ $12.02	Sep 29, 2025 @ $18.86	Win	+28.9% · +8.83R
Rising Wedge	Jun 11, 2025 @ $10.38	Jul 31, 2025 @ $13.17	Win	+19.1% · +2.20R
Triangle	Apr 2, 2025 @ $10.05	Apr 4, 2025 @ $8.22	Win	+19.5% · +1.60R
Bullish Pennant	Sep 13, 2024 @ $8.18	Dec 18, 2024 @ $10.63	Win	+34.6% · +1.75R
Falling Wedge	Oct 10, 2023 @ $10.74	Oct 25, 2023 @ $9.73	Loss	+22.3% · -1.17R
Triangle	Aug 4, 2023 @ $13.01	Sep 1, 2023 @ $11.56	Loss	+25.9% · -1.63R
Falling Wedge	Apr 21, 2023 @ $13.67	May 24, 2023 @ $11.61	Win	+15.5% · +1.09R
Falling Wedge	Jan 4, 2023 @ $10.51	Feb 8, 2023 @ $14.56	Win	+37.2% · +2.40R
Triangle	Dec 15, 2022 @ $10.58	Jan 10, 2023 @ $12.56	Loss	+35.6% · -1.49R
Falling Wedge	Sep 19, 2022 @ $12.96	Sep 21, 2022 @ $12.22	Loss	+30.1% · -1.01R
Falling Wedge	May 13, 2022 @ $17.40	Jun 9, 2022 @ $15.63	Loss	+35.8% · -1.98R
Triangle	Apr 19, 2022 @ $23.66	Apr 27, 2022 @ $19.41	Win	+18.9% · +1.11R

Rising Wedge Examples on Other Charts

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

Open LIN’s live chart →

EWEdwards Lifesciences

Losing trade · −7.5%

Opened Jun 30, 2026

Closed Jul 20, 2026

Open EW’s live chart →

Open SPGI’s live chart →

BROBrown & Brown

Winning trade · +6.9%

Opened Jun 26, 2026

Closed Jul 15, 2026

Open BRO’s live chart →

Learn about rising wedge

WBD Support and Resistance Levels

Price was turned away at a ceiling near $30.35 about 5 months ago and has been sliding since. On the weekly chart, the next floor below sits near $18.76 — still about 27% away.

Traders commonly watch $18.76 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $30.35 ceiling about 5 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

WBD Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$25.83	$26.27	$25.75	$25.85
Jul 21, 2026	$25.89	$25.94	$25.63	$25.83
Jul 20, 2026	$26.87	$26.90	$25.72	$25.86
Jul 17, 2026	$27.31	$27.46	$26.78	$26.87
Jul 16, 2026	$27.17	$27.30	$26.83	$27.29
Jul 15, 2026	$27.42	$27.44	$27.02	$27.27
Jul 14, 2026	$27.10	$27.58	$27.05	$27.48
Jul 13, 2026	$26.33	$27.65	$26.28	$27.09
Jul 10, 2026	$26.50	$26.87	$26.49	$26.59
Jul 9, 2026	$26.01	$26.63	$26.00	$26.63

WBD Frequently Asked Questions

What chart pattern is WBD forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Warner Bros Discovery (WBD) on the daily chart, with a measured-move target of $16.77.

Is a rising wedge bullish or bearish?

The rising wedge detected on WBD is a bearish pattern, projecting a measured-move target of $16.77. 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 (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

What is the price target if WBD's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $16.77 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was WBD's closing price on Jul 22, 2026?

Warner Bros Discovery (WBD) last closed at $25.85 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.