Block (XYZ) Chart Patterns, Support & Resistance & Technical Analysis

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

$84.64last close · Aug 4, 202652-week range $48.21 – $84.81 · 0.2% below the high
Rising Wedge · playing out now

XYZ is breaking out above a rising wedge — these usually break lower, so a push higher instead is a notably bullish turn.

As long as price stays above $75.73, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $96.06 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

XYZ Rising Wedge Pattern

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

DirectionBullishTarget$96.06Projected move+19.2%Breakout level$83.37

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

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
XYZ win rate
66.7%

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

How these backtests work →

XYZ Pattern Trade History

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

PatternEntryExitOutcomeResult
TriangleJul 20, 2026 @ $79.34Aug 4, 2026 @ $84.64Loss-1.12R
TriangleNov 4, 2025 @ $72.66Nov 7, 2025 @ $63.84Win+0.97R
TriangleOct 29, 2025 @ $76.54Nov 17, 2025 @ $58.16Win+3.56R
TriangleSep 10, 2025 @ $75.13Nov 7, 2025 @ $61.51Win+1.91R
Falling WedgeApr 14, 2025 @ $55.31Jul 30, 2025 @ $77.59Win+2.51R
Bullish PennantOct 10, 2024 @ $70.90Nov 26, 2024 @ $89.01Win+2.60R
Bullish PennantSep 17, 2024 @ $67.24Nov 26, 2024 @ $89.01Win+2.71R
Falling WedgeJul 11, 2024 @ $65.41Jul 26, 2024 @ $60.18Loss-1.16R
Falling WedgeJul 1, 2024 @ $64.68Jul 26, 2024 @ $60.18Loss-1.19R
Falling WedgeJun 24, 2024 @ $64.60Jul 22, 2024 @ $68.25Win+0.99R
Bullish PennantFeb 22, 2024 @ $67.96Mar 19, 2024 @ $79.32Win+2.62R
TriangleJul 7, 2023 @ $67.67Jul 27, 2023 @ $75.77Win+1.91R

XYZ Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

XYZ Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$82.11$84.81$82.08$84.64
Aug 3, 2026$80.74$82.23$80.74$82.09
Jul 31, 2026$82.23$83.14$80.36$81.24
Jul 30, 2026$82.09$82.80$80.82$82.59
Jul 29, 2026$82.22$84.02$81.69$82.18
Jul 28, 2026$81.96$83.15$80.61$83.10
Jul 27, 2026$78.98$81.38$78.80$81.24
Jul 24, 2026$77.00$78.50$75.98$77.15
Jul 23, 2026$77.66$77.93$75.73$76.49
Jul 22, 2026$79.40$79.44$76.99$77.46

XYZ Frequently Asked Questions

What chart pattern is XYZ forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Block (XYZ) on the daily chart, with a measured-move target of $96.06.
Is a rising wedge bullish or bearish?
The rising wedge detected on XYZ is a bullish pattern, projecting a measured-move target of $96.06. 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 is the price target if XYZ's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $96.06 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XYZ's closing price on Aug 4, 2026?
Block (XYZ) last closed at $84.64 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.