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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WLK is a bad performer in the overall market: 85% of all stocks are doing better.
WLK is one of the lesser performing stocks in the Chemicals industry. 68% of 84 stocks in the same industry do better.
WLK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month WLK has a been trading in the 108.95 - 119.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WLK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
108.94
151.82
When analyzing the support we notice one important area.
- A support zone ranging from 110.04 to 111.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 115.26 to 120.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @140.69 from a trend line in the daily time frame.
- Resistance @150.32 from a horizontal 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
CRS15.67
Mansfield-2.56
10 Day High119.86
10 Day Low113.29
20 Day High119.86
20 Day Low108.95
52 Week High162.64
52 Week Low108.95
Performance
1 Week-2.88%
2 Weeks-2.91%
1 Month-0.33%
3 Month-13.52%
6 Month-16.63%
12 Month-17.52%
2 Year-6.91%
3 Year15.83%
5 Year86.72%
10 Year99.39%
15 Year1013.2%
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)0.28
RSI(14)40.52
LBB113.67
UBB119.93
WESTLAKE CORP
NYSE:WLK (1/31/2025, 8:04:00 PM)
After market: 114.27 0 (0%)114.27
-1.57 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.36%
1 Week-2.88%
2 Weeks-2.91%
1 Month-0.33%
3 Month-13.52%
6 Month-16.63%
12 Month-17.52%
2 Year-6.91%
3 Year15.83%
5 Year86.72%
10 Year99.39%
15 Year1013.2%
Volatility
ATR(14)2.53
ATR(20)%2.29%
ATR Inc47.09%
Range Today2.7
ADR(20)2.46
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.67
Mansfield-2.56
10 Day High119.86
10 Day Low113.29
20 Day High119.86
20 Day Low108.95
52 Week High162.64
52 Week Low108.95
CS1 End111.4
CR1 Start115.26
Volume & EV
DER(3)2.5%
DER(5)1.16%
Volume1.28M
Volume Incr53.44%
Vol(5)702.98K
Vol(50)566.58K