CMCRising Wedge

60% ConfidenceDetected Aug 4

Signal Snapshot

As of August 4, 2026, CMC is showing a Rising Wedge pattern with 60% confidence on the daily timeframe. SCTR 8.6 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $69.25 · Target $70.98 · Stop $68.19.

EdgeOS Levels — CMC

Close
$70.21
Buy Trigger
$69.25
+1 ATR Target
$70.98
Stop
$68.19
SCTR
8.6
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
Other Stocks Showing Rising Wedge Today

Frequently Asked Questions

Is CMC showing a Rising Wedge pattern?

Yes. CMC is currently showing a Rising Wedge pattern with 60% confidence on the daily timeframe (detected 8/4/2026).

What is the confidence level for the CMC Rising Wedge?

The CMC Rising Wedge has a confidence score of 60%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for CMC?

CMC's EdgeOS buy trigger is $69.25, target $70.98 (Saty ATR +1), stop below $68.19.

How often does the Rising Wedge succeed?

The Rising Wedge has a historical win rate of 60% when traded with proper volume confirmation and stop placement. Average time to target: 15 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice