WESTLAKE CORP (WLK) Technical Analysis
NYSE:WLK • US9604131022
102.51 USD
-0.68 (-0.66%)
Last: Mar 9, 2026, 10:42 AM
We assign a technical rating of 9 out of 10 to WLK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WLK is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- WLK is one of the better performing stocks in the Chemicals industry, it outperforms 74% of 83 stocks in the same industry.
- WLK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WLK is performing more or less in line with the market.
- WLK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- WLK has an average volume of 1387160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, WLK did better than 83% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, WLK also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
74.68
107.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 100.40 to 101.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 93.02 to 94.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 89.31 to 91.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.43 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 105.38 to 106.79. 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 | UP | POSITIVE | The long term trend for WLK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WLK is up. |
| ChartMill Relative Strength | 83.63 | POSITIVE | WLK has a high relative strength, it outperformed 83.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WLK is above the rising 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) | UP | POSITIVE | The current price of WLK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.3 | NEUTRAL | The RSI value for WLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests WLK has a negative trend. |
| Stochastics (14,3) | 69.02 | NEUTRAL | The Stochastics value for WLK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for WLK suggests high volalility. |
| Average Directional Index/ADX (14) | 32.08 | POSITIVE | The high ADX value value for WLK suggests a strong 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)
WLK Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:WLK (3/9/2026, 10:42:09 AM)
102.51
-0.68 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.66%
1 Week-2.08%
2 Weeks9.31%
1 Month11.96%
3 Month51.71%
6 Month15.4%
12 Month-7.77%
2 Year-32.47%
3 Year-11.03%
5 Year16.22%
10 Year122.87%
15 Year267.22%
Volatility
ATR(14)6.21
ATR(20)%5.47%
ATR Inc18.83%
Range Today3.5
ADR(20)5.25
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.63
3 months CRS97.52
6 months CRS82.48
Mansfield1.76
10 Day High112.21
10 Day Low91.76
20 Day High112.21
20 Day Low91.76
52 Week High113.51
52 Week Low56.33
CS1 End101.24
CR1 Start105.38
Volume & EV
DER(3)-2.58%
DER(5)-0.87%
Volume171.95K
Volume Incr6.01%
Vol(5)1.57M
Vol(50)1.39M
WESTLAKE CORP / WLK FAQ
What is the technical rating for WLK stock?
ChartMill assigns a technical rating of 9 / 10 to WLK.
What is the current trend direction of WESTLAKE CORP (WLK) stock?
The current trend direction for WESTLAKE CORP (WLK) is Bullish.
What is the RSI signal for WLK stock?
WESTLAKE CORP (WLK) has an RSI value of 58.2969. This indicates that the stock is currently neutral.
What is the short term momentum for WLK stock?
The short term momentum for WESTLAKE CORP (WLK) is positive.
What is the support and resistance level for WLK stock?
WESTLAKE CORP (WLK) has a support level at 101.24 and a resistance level at 105.38. Check the full technical report for our detailed analysis of WLK support and resistance levels.