As of June 9, 2026, IP is showing a Rising Wedge pattern with 73% confidence on the daily timeframe. SCTR 5.5 (neutral zone), Confirmed Bear trend. EdgeOS buy trigger $33.89 · Target $34.81 · Stop $33.33.
Yes. IP is currently showing a Rising Wedge pattern with 73% confidence on the daily timeframe (detected 6/9/2026).
The IP Rising Wedge has a confidence score of 73%. 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.
IP's EdgeOS buy trigger is $33.89, target $34.81 (Saty ATR +1), stop below $33.33.
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 IP 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