WESTLAKE CORP (WLK)

US9604131022 - Common Stock

136.5  -2.84 (-2.04%)

After market: 136.5 0 (0%)

Technical Rating and Analysis

1

Overall WLK gets a technical rating of 1 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month WLK has a been trading in the 135.92 - 151.56 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, WLK turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
WLK is an average performer in the Chemicals industry, it outperforms 57% of 84 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.
Weekly and Daily overview Charts
WLK Weekly chart
WLK Daily chart
Setup Rating and Analysis

3

The technical rating of WLK is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

129.34

152.49

We found 2 important support areas.

  • A support zone ranging from 133.49 to 135.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @130.65 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • Resistance @136.79 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 141.81 to 144.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 148.57 to 150.98. 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
CRS41.35
Mansfield-1.59
10 Day High144.95
10 Day Low135.92
20 Day High151.56
20 Day Low135.92
52 Week High162.64
52 Week Low113.57
Performance
1 Week-5.31%
2 Weeks-6.2%
1 Month-5.99%
3 Month-4.57%
6 Month-8.73%
12 Month19.23%
2 Year41.23%
3 Year40.23%
5 Year116.02%
10 Year93.48%
15 Year1023.92%
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)-1.02
RSI(14)33.98
LBB137.12
UBB149.37
WLK Daily chart

WESTLAKE CORP

NYSE:WLK (10/21/2024, 4:15:00 PM)

After market: 136.5 0 (0%)

136.5

-2.84 (-2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.04%
1 Week-5.31%
2 Weeks-6.2%
1 Month-5.99%
3 Month-4.57%
6 Month-8.73%
12 Month19.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.67
ATR(20)%2.12%
ATR Inc
Range Today3.32
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 High144.95
10 Day Low135.92
20 Day High151.56
20 Day Low135.92
52 Week High162.64
52 Week Low113.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume341.16K
Volume Incr-11.25%
Vol(5)408.65K
Vol(50)439.69K