WESTLAKE CHEMICAL PARTNERS L (WLKP) Stock Technical Analysis
USA - NYSE:WLKP - US9604171036
21.41 USD
+0.21 (+0.99%)
Taking everything into account, WLKP scores 0 out of 10 in our technical rating. WLKP'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WLKP is a bad performer in the overall market: 76% of all stocks are doing better.
WLKP 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.
WLKP is part of the Chemicals industry. There are 83 other stocks in this industry, WLKP did better than 58% of them.
In the last month WLKP has a been trading in the 20.63 - 22.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
WLKP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.35, a Stop Loss order could be placed below this zone.
More info and screens
20.49
24.79
We found 1 important support area.
- A support zone ranging from 20.70 to 21.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.75 to 22.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.49 to 23.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.54 from a horizontal line in the weekly time frame.
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 WLKP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WLKP is down. |
| ChartMill Relative Strength | 24.34 | NEGATIVE | WLKP has a low relative strength, it was outperformed by 75.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WLKP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WLKP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WLKP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.65 | NEUTRAL | The RSI value for WLKP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WLKP has a positive trend. |
| Stochastics (14,3) | 42.92 | NEUTRAL | The Stochastics value for WLKP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for WLKP suggests low volalility. |
| Average Directional Index/ADX (14) | 26.66 | POSITIVE | The high ADX value value for WLKP 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)
NYSE:WLKP (10/3/2025, 8:12:28 PM)
21.41
+0.21 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.99%
1 Week2.2%
2 Weeks1.28%
1 Month-2.19%
3 Month-4.67%
6 Month-6.55%
12 Month-3.95%
2 Year-0.14%
3 Year-7.24%
5 Year18.16%
10 Year18.48%
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.57%
ATR Inc-7.19%
Range Today0.25
ADR(20)0.34
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.34
Mansfield-1.62
10 Day High21.46
10 Day Low20.63
20 Day High22.01
20 Day Low20.63
52 Week High25.04
52 Week Low20.63
CS1 End21.35
CR1 Start21.75
Volume & EV
DER(3)-3.21%
DER(5)-3.55%
Volume62.00K
Volume Incr82.22%
Vol(5)75.64K
Vol(50)40.54K