As of August 4, 2026, EL is showing a Rising Wedge pattern with 60% confidence on the daily timeframe. SCTR 8.6 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $84.54 · Target $86.62 · Stop $83.26.
Yes. EL is currently showing a Rising Wedge pattern with 60% confidence on the daily timeframe (detected 8/4/2026).
The EL 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.
EL's EdgeOS buy trigger is $84.54, target $86.62 (Saty ATR +1), stop below $83.26.
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.
Open EL on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice