WESTLAKE CORP (WLK) Stock Technical Analysis
NYSE:WLK - New York Stock Exchange, Inc. - US9604131022 - Common Stock - Currency: USD
Overall WLK gets a technical rating of 0 out of 10. WLK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WLK is a bad performer in the overall market: 80% of all stocks are doing better.
WLK is one of the lesser performing stocks in the Chemicals industry. 60% of 85 stocks in the same industry do better.
WLK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WLK is lagging the market.
In the last month WLK has a been trading in the 104.74 - 118.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, WLK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 108.70, a Stop Loss order could be placed below this zone.
More info and screens
107.61
139.78
We found 1 important support area.
- A support zone ranging from 108.70 to 108.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 113.68 to 115.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 117.96 to 119.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @138.40 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.84
Mansfield-2.44
10 Day High118.23
10 Day Low104.74
20 Day High118.23
20 Day Low104.74
52 Week High162.64
52 Week Low104.74
Performance
1 Week-0.75%
2 Weeks-5.69%
1 Month-4.87%
3 Month-12.57%
6 Month-19.48%
12 Month-23.27%
2 Year-6.27%
3 Year-11.9%
5 Year184.81%
10 Year51.11%
15 Year743.04%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)40.69
LBB107.77
UBB116.28
108.71
-3.59 (-3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.2%
1 Week-0.75%
2 Weeks-5.69%
1 Month-4.87%
3 Month-12.57%
6 Month-19.48%
12 Month-23.27%
2 Year-6.27%
3 Year-11.9%
5 Year184.81%
10 Year51.11%
15 Year743.04%
Volatility
ATR(14)3.69
ATR(20)%3.22%
ATR Inc38.76%
Range Today6.64
ADR(20)3.11
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.84
Mansfield-2.44
10 Day High118.23
10 Day Low104.74
20 Day High118.23
20 Day Low104.74
52 Week High162.64
52 Week Low104.74
CS1 End108.7
CR1 Start113.68
Volume & EV
DER(3)-1.52%
DER(5)-0.5%
Volume675.60K
Volume Incr0.14%
Vol(5)680.56K
Vol(50)607.66K