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

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

$25.79last close · Aug 4, 202652-week range $10.76 – $30.00 · 14.03% below the high

WBD Rising Wedge Pattern

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

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $16.33 (−49.2%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; WBD's own rising wedges have hit 50.0%.

DirectionBearishTarget$16.33Projected move−49.2%Breakout level$22.69

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 +8.83R move (56.9%) over 16 sessions. Across 87 backtested bullish pennants, this setup wins 52.9% of the time.

OutcomeWinResult+8.83REntry$12.02Exit$18.87

Learn about bullish pennant

How Rising Wedges Have Performed

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

Historical pattern statistics (2006-08-04 – 2026-08-04), 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.

PatternEntryExitOutcomeResult
Bullish PennantSep 5, 2025 @ $12.02Sep 29, 2025 @ $18.86Win+8.83R
TriangleOct 23, 2024 @ $7.51Oct 31, 2024 @ $8.13Loss-1.19R
Bullish PennantSep 13, 2024 @ $8.18Dec 18, 2024 @ $10.63Win+1.75R
TriangleJun 13, 2024 @ $7.74Jul 19, 2024 @ $8.67Loss-1.11R
TriangleMay 31, 2024 @ $8.16Jun 13, 2024 @ $7.29Loss-1.58R
TriangleApr 30, 2024 @ $8.07Jun 18, 2024 @ $7.00Win+1.90R
Falling WedgeApr 18, 2024 @ $8.35Apr 30, 2024 @ $7.36Loss-3.39R
TriangleApr 11, 2024 @ $8.23Jun 17, 2024 @ $7.14Win+1.75R
Rising WedgeDec 21, 2023 @ $11.55Feb 23, 2024 @ $9.10Win+2.12R
Falling WedgeOct 11, 2023 @ $10.79Oct 25, 2023 @ $9.73Loss-1.17R
Falling WedgeOct 4, 2023 @ $10.26Dec 14, 2023 @ $12.49Loss-1.16R
Bullish PennantAug 3, 2023 @ $12.99Sep 1, 2023 @ $11.56Loss-1.65R

WBD Support and Resistance Levels

On the weekly chart, price is resting in the open space between a floor below near $18.76 and a ceiling above near $62.84.

  • Price hasn't touched either edge recently, so there's no clear direction either way yet.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

Nearest auto-detected support sits near $18.76, resistance near $29.01. These are chart/swing-derived levels, not formula pivots.

Resistance
$29.01$62.89
Support
$18.76

WBD Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$26.17$26.21$25.40$25.79
Aug 3, 2026$26.39$26.53$26.07$26.09
Jul 31, 2026$25.40$26.45$25.40$26.30
Jul 30, 2026$25.58$25.66$25.44$25.47
Jul 29, 2026$25.61$25.81$25.50$25.64
Jul 28, 2026$25.29$25.67$25.27$25.61
Jul 27, 2026$25.50$25.76$25.25$25.28
Jul 24, 2026$26.21$26.58$25.76$25.77
Jul 23, 2026$25.78$26.20$25.78$25.95
Jul 22, 2026$25.83$26.27$25.75$25.85

WBD Frequently Asked Questions

What chart pattern is WBD forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Warner Bros Discovery (WBD) on the daily chart, with a measured-move target of $16.33.
Is a rising wedge bullish or bearish?
The rising wedge detected on WBD is a bearish pattern, projecting a measured-move target of $16.33. 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 WBD?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), WBD's nearest support is around $18.76 and nearest resistance around $29.01.
What is the price target if WBD's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $16.33 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WBD's closing price on Aug 4, 2026?
Warner Bros Discovery (WBD) last closed at $25.79 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.