WESTLAKE CORP (WLK)

US9604131022 - Common Stock

146.65  +0.53 (+0.36%)

After market: 146.65 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to WLK. WLK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, WLK outperforms 55% of them, which is more or less in line with the market.
WLK is an average performer in the Chemicals industry, it outperforms 65% of 83 stocks in the same industry.
WLK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WLK is lagging the market.
In the last month WLK has a been trading in the 139.38 - 153.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WLK Weekly chart
WLK Daily chart
Setup Rating and Analysis

5

WLK has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

110.29

163.69

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 140.19 to 143.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @134.95 from a trend line in the weekly time frame.
  • Support @125.98 from a trend line in the weekly time frame.
  • Support @111.40 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 160.47 to 162.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.48
Mansfield-0.89
10 Day High148.31
10 Day Low139.38
20 Day High153.49
20 Day Low139.38
52 Week High162.64
52 Week Low112.77
Performance
1 Week3.27%
2 Weeks0.45%
1 Month-4.06%
3 Month-4.44%
6 Month8.94%
12 Month16.6%
2 Year50.66%
3 Year76.86%
5 Year117.03%
10 Year67.81%
15 Year1073.67%
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)0.25
RSI(14)48.29
LBB139.3
UBB149.76
WLK Daily chart

WESTLAKE CORP

NYSE:WLK (7/12/2024, 7:09:06 PM)

After market: 146.65 0 (0%)

146.65

+0.53 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.36%
1 Week3.27%
2 Weeks0.45%
1 Month-4.06%
3 Month-4.44%
6 Month8.94%
12 Month16.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.43
ATR(20)%2.45%
ATR Inc
Range Today3.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High148.31
10 Day Low139.38
20 Day High153.49
20 Day Low139.38
52 Week High162.64
52 Week Low112.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume600.10K
Volume Incr-23.61%
Vol(5)457.94K
Vol(50)489.27K