WESTLAKE CORP (WLK) Stock Technical Analysis
NYSE:WLK - New York Stock Exchange, Inc. - US9604131022 - Common Stock - Currency: USD
Taking everything into account, WLK scores 1 out of 10 in our technical rating. 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.
91% of all other stocks performed better in the past year than WLK.
WLK is one of the lesser performing stocks in the Chemicals industry. 75% of 85 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.
WLK has an average volume of 1361080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WLK has a been trading in the 75.07 - 88.51 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. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
69.13
88.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 81.37 to 82.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.83 from a trend line in the daily time frame.
- Support @69.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.46 to 87.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WLK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WLK is neutral. |
| ChartMill Relative Strength | 9.84 | NEGATIVE | WLK has a low relative strength, it was outperformed by 90.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WLK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WLK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.02 | NEUTRAL | The RSI value for WLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests WLK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.8 | NEUTRAL | The Stochastics value for WLK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for WLK suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for WLK suggests a weak or negative trend. |
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)
NYSE:WLK (8/7/2025, 1:01:02 PM)
82.76
+1.64 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.02%
1 Week1.85%
2 Weeks-7.09%
1 Month-5.11%
3 Month1.4%
6 Month-27.27%
12 Month-44.43%
2 Year-38.07%
3 Year-17.75%
5 Year36.75%
10 Year46.88%
15 Year525.93%
Volatility
ATR(14)3.88
ATR(20)%4.4%
ATR Inc87.79%
Range Today2.41
ADR(20)3.04
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.84
Mansfield-3.16
10 Day High86.43
10 Day Low75.07
20 Day High88.51
20 Day Low75.07
52 Week High153.34
52 Week Low68.55
CS1 End75.83
CR1 Start81.37
Volume & EV
DER(3)0.27%
DER(5)0.31%
Volume512.19K
Volume Incr58.69%
Vol(5)1.75M
Vol(50)1.36M