Technical Analysis for WLK - Westlake Chemical Corporation

Grade Last Price % Change Price Change
grade D 64.74 2.79% 1.76
WLK closed up 2.79 percent on Tuesday, May 21, 2019, on 75 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Up
See historical WLK trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
MACD Bullish Signal Line Cross Bullish 2.79%
Wide Bands Range Expansion 2.79%
1,2,3 Retracement Bearish Bearish Swing Setup 4.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 4.00%
NR7 Range Contraction 4.00%
Inside Day Range Contraction 4.00%
Wide Bands Range Expansion 4.00%

Older signals for WLK ...

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Profile
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates in two segments, Olefins and Vinyls. The Olefins segment provides ethylene, polyethylene, styrene monomer, and various ethylene co-products, such as chemical grade propylene, crude butadiene, pyrolysis gasoline, and hydrogen. The Vinyls segment offers polyvinyl chloride (PVC), vinyl chloride monomer, ethylene dichloride, chlorine, caustic soda, and ethylene. This segment also manufactures and sells building products fabricated from PVC, including pipe, fence and deck, and window and door components. The company's products are used in various applications, which include consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, and residential and commercial construction, as well as in other durable and non-durable goods. Westlake Chemical Corporation provides its products for chemical processors, plastics fabricators, construction contractors, municipalities, and supply warehouses in the United States, Canada, Singapore, Switzerland, and internationally. The company was founded in 1985 and is headquartered in Houston, Texas.
Chemistry Physical Sciences Organic Compounds Commodity Chemicals Automotive Products Chemical Industry Dielectrics Thermoplastics Hazardous Air Pollutants Monomers Basic Chemicals Construction Contractors Ethylene Ethylene Co Products Vinyl Chloride
Is WLK a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 122.76
52 Week Low 57.39
Average Volume 968,161
200-Day Moving Average 75.7806
50-Day Moving Average 68.7562
20-Day Moving Average 64.439
10-Day Moving Average 61.414
Average True Range 2.2234
ADX 39.86
+DI 19.203
-DI 30.0048
Chandelier Exit (Long, 3 ATRs ) 69.4698
Chandelier Exit (Short, 3 ATRs ) 64.0602
Upper Bollinger Band 73.8628
Lower Bollinger Band 55.0152
Percent B (%b) 0.52
BandWidth 29.248747
MACD Line -2.358
MACD Signal Line -2.7246
MACD Histogram 0.3666
Fundamentals Value
Market Cap 8.35 Billion
Num Shares 129 Million
EPS 3.50
Price-to-Earnings (P/E) Ratio 18.50
Price-to-Sales 1.58
Price-to-Book 2.85
PEG Ratio 1.58
Dividend 0.84
Dividend Yield 1.30%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 66.69
Resistance 3 (R3) 66.53 65.73 66.37
Resistance 2 (R2) 65.73 65.23 65.81 66.26
Resistance 1 (R1) 65.23 64.92 65.48 65.39 66.15
Pivot Point 64.43 64.43 64.55 64.51 64.43
Support 1 (S1) 63.93 63.93 64.18 64.09 63.33
Support 2 (S2) 63.13 63.62 63.21 63.22
Support 3 (S3) 62.63 63.13 63.12
Support 4 (S4) 62.79