Weyerhaeuser (WY) Chart Patterns, Support & Resistance & Technical Analysis

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

$25.83last close · Aug 4, 202652-week range $21.16 – $27.75 · 6.92% below the high

WY Rising Wedge Pattern

WY 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 $23.04 (−8.3%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; WY's own rising wedges have hit 63.6%.

DirectionBearishTarget$23.04Projected move−8.3%Breakout level$24.92

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

WY's Most Recent Rising Wedge Trade

WY's most recent completed rising wedge resolved as a win: it broke down on Apr 29, 2026 near $24.72, then reached its target at $23.04 on May 13, 2026 — a +2.62R move (6.8%) over 10 sessions. Across 183 backtested rising wedges, this setup wins 51.9% of the time.

OutcomeWinResult+2.62REntry$24.72Exit$23.04

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
WY win rate
63.6%

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

How these backtests work →

WY Pattern Trade History

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

PatternEntryExitOutcomeResult
Rising WedgeApr 29, 2026 @ $24.72May 13, 2026 @ $23.04Win+2.62R
Falling WedgeSep 17, 2025 @ $24.68Oct 31, 2025 @ $22.82Win+1.11R
Falling WedgeAug 13, 2025 @ $25.92Sep 17, 2025 @ $24.49Loss-1.19R
Falling WedgeAug 12, 2025 @ $25.65Sep 17, 2025 @ $24.49Loss-1.25R
TriangleJul 31, 2025 @ $25.14Aug 22, 2025 @ $26.83Loss-1.14R
Falling WedgeJul 25, 2025 @ $26.13Sep 2, 2025 @ $24.89Loss-1.15R
Falling WedgeApr 3, 2025 @ $28.82Apr 4, 2025 @ $26.56Win+1.83R
Rising WedgeDec 12, 2024 @ $30.76Dec 18, 2024 @ $28.97Win+0.92R
Falling WedgeNov 25, 2024 @ $31.58Dec 13, 2024 @ $30.06Loss-1.24R
TriangleNov 19, 2024 @ $30.74Nov 25, 2024 @ $32.23Loss-1.05R
TriangleSep 12, 2024 @ $30.98Sep 25, 2024 @ $32.97Win+2.06R
TriangleFeb 8, 2024 @ $33.08Apr 17, 2024 @ $31.52Loss-1.39R

WY Support and Resistance Levels

Price is bouncing off a floor near $23.48 and starting to climb. On the weekly chart, the next ceiling overhead sits near $77.98 — about 202% away.

  • Traders commonly watch $77.98 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 $23.48 floor about a week 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 $23.25. These are chart/swing-derived levels, not formula pivots.

Support
$23.25$22.45$21.12

WY Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$25.00$25.84$24.80$25.83
Aug 3, 2026$25.47$25.68$24.92$25.23
Jul 31, 2026$24.19$25.10$23.82$25.03
Jul 30, 2026$24.38$24.43$23.16$23.50
Jul 29, 2026$24.57$24.63$24.20$24.45
Jul 28, 2026$24.25$24.80$24.18$24.61
Jul 27, 2026$23.96$24.33$23.88$23.91
Jul 24, 2026$23.67$24.09$23.53$23.94
Jul 23, 2026$23.60$23.75$23.47$23.64
Jul 22, 2026$23.78$23.93$23.58$23.82

WY Frequently Asked Questions

What chart pattern is WY forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Weyerhaeuser (WY) on the daily chart, with a measured-move target of $23.04.
Is a rising wedge bullish or bearish?
The rising wedge detected on WY is a bearish pattern, projecting a measured-move target of $23.04. 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 WY?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), WY's nearest support is around $23.25 and nearest resistance around n/a.
What is the price target if WY's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $23.04 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WY's closing price on Aug 4, 2026?
Weyerhaeuser (WY) last closed at $25.83 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.