WEC Energy(WEC)

WEC Energy (WEC) Chart Patterns, Support & Resistance & Technical Analysis

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

$113.46last close · Jul 22, 202652-week range $102.95 – $119.91 · 5.38% below the high

WEC Falling Wedge Pattern

WEC 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 $117.65 (+5.7%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; WEC's own falling wedges have hit 55.6%.

DirectionBullishTarget$117.65Projected move+5.7%Breakout level$111.44

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

WEC's Most Recent Rising Wedge Trade

WEC's most recent completed rising wedge resolved as a win: it broke down on May 6, 2026 near $114.68, then reached its target at $109.04 on May 15, 2026 — a 4.9% move (+1.25R) over 7 sessions. Across 146 backtested rising wedges, this setup wins 53.4% of the time.

OutcomeWinResult+4.9%R+1.25REntry$114.68Exit$109.04

Learn about rising wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

WEC win rate

55.6%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

WEC Pattern Trade History

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

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	May 6, 2026 @ $114.68	May 15, 2026 @ $109.04	Win	+5.5% · +1.25R
Rising Wedge	Mar 20, 2026 @ $113.49	Apr 9, 2026 @ $118.78	Loss	+5.3% · -1.05R
Rising Wedge	Mar 3, 2026 @ $115.02	Mar 16, 2026 @ $117.90	Loss	+5.3% · -1.12R
Rising Wedge	Oct 23, 2025 @ $116.65	Oct 30, 2025 @ $112.10	Win	+4.7% · +2.95R
Rising Wedge	Nov 21, 2024 @ $99.80	Dec 11, 2024 @ $95.61	Loss	+4.1% · -1.09R
Triangle	Apr 10, 2024 @ $79.71	Apr 22, 2024 @ $81.97	Loss	+6.4% · -1.00R
Rising Wedge	Jan 11, 2024 @ $82.87	Feb 13, 2024 @ $76.74	Win	+8.3% · +1.52R
Triangle	Nov 7, 2023 @ $82.11	Dec 13, 2023 @ $87.00	Loss	+6.5% · -1.54R
Rising Wedge	Apr 26, 2023 @ $97.09	May 17, 2023 @ $89.03	Win	+9.8% · +4.70R
Triangle	Feb 7, 2023 @ $92.31	Mar 1, 2023 @ $86.90	Win	+6.3% · +1.26R
Falling Wedge	Jan 9, 2023 @ $95.39	Jan 19, 2023 @ $91.80	Loss	+6.5% · -1.09R
Falling Wedge	Dec 30, 2022 @ $93.18	Mar 1, 2023 @ $86.73	Win	+7.3% · +1.19R

Recent Falling Wedges on Other Charts

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

Learn about falling wedge

WEC Support and Resistance Levels

Price is bouncing off a floor near $110.84 and starting to climb. On the weekly chart, the next ceiling overhead sits near $127.60 — about 12% away.

Traders commonly watch $127.60 as a target (its 161.8% 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 yet — the spot to watch is right at the $110.84 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

WEC Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$112.87	$113.52	$112.52	$113.46
Jul 21, 2026	$112.20	$112.54	$110.80	$111.82
Jul 20, 2026	$113.45	$114.49	$111.94	$112.55
Jul 17, 2026	$115.57	$116.66	$112.89	$113.35
Jul 16, 2026	$112.86	$114.60	$112.34	$114.49
Jul 15, 2026	$114.72	$115.09	$112.64	$112.97
Jul 14, 2026	$116.40	$117.10	$114.99	$115.05
Jul 13, 2026	$115.13	$116.47	$115.05	$115.87
Jul 10, 2026	$114.82	$115.69	$114.61	$114.96
Jul 9, 2026	$117.19	$117.19	$114.77	$114.89

WEC Frequently Asked Questions

What chart pattern is WEC forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on WEC Energy (WEC) on the daily chart, with a measured-move target of $117.65.

Is a falling wedge bullish or bearish?

The falling wedge detected on WEC is a bullish pattern, projecting a measured-move target of $117.65. 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 WEC's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $117.65 (pattern height projected from the breakout). This is a technical target, not a recommendation.

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

WEC Energy (WEC) last closed at $113.46 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.