WESTLAKE CHEMICAL PARTNERS L (WLKP)
US9604171036
We assign a technical rating of 3 out of 10 to WLKP. Recently some decent action could be observed, but in the medium term time frame this is still negative. WLKP was also a bad performer in the overall market in the last year.
62% of all other stocks performed better in the past year than WLKP.
WLKP is part of the Chemicals industry. There are 84 other stocks in this industry, of which 60% are performing better than WLKP.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WLKP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WLKP is lagging the market.
In the last month WLKP has a been trading in a tight range between 21.69 and 22.70.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, WLKP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.20, a Stop Loss order could be placed below this zone.
More info and screens
20.84
23.88
When analyzing the support we notice one important area.
- A support zone ranging from 21.05 to 22.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.28 to 23.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.41 to 23.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.13
Mansfield-1.18
10 Day High22.7
10 Day Low21.69
20 Day High22.7
20 Day Low21.69
52 Week High23.68
52 Week Low20.91
Performance
1 Week0.59%
2 Weeks-1.02%
1 Month2.25%
3 Month-0.36%
6 Month0.77%
12 Month2.87%
2 Year-16.11%
3 Year-18%
5 Year-1.46%
10 YearN/A
15 YearN/A
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)0.03
RSI(14)52.78
LBB21.78
UBB22.52
WESTLAKE CHEMICAL PARTNERS L
NYSE:WLKP (5/16/2024, 7:25:56 PM)
22.23
-0.09 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.4%
1 Week0.59%
2 Weeks-1.02%
1 Month2.25%
3 Month-0.36%
6 Month0.77%
12 Month2.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%1.53%
ATR Inc
Range Today0.26
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 High22.7
10 Day Low21.69
20 Day High22.7
20 Day Low21.69
52 Week High23.68
52 Week Low20.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume29.70K
Volume Incr121.98%
Vol(5)340.94K
Vol(50)106.23K