Technical Analysis for WLKP - Westlake Chemical Partners LP

Grade Last Price % Change Price Change
grade D 22.37 -0.27% -0.06
WLKP closed down 0.27 percent on Friday, September 20, 2019, on 36 percent of normal volume. It was able to find support at its 50 day moving average. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

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

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Calm After Storm Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Crossed Above 50 DMA Bullish -0.27%
1,2,3 Pullback Bullish Bullish Swing Setup -0.27%
180 Bullish Setup Bullish Swing Setup -0.27%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.27%
Pocket Pivot Bullish Swing Setup -0.27%
Upper Bollinger Band Walk Strength -0.27%
Overbought Stochastic Strength -0.27%

Older signals for WLKP ...

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Profile
Westlake Chemical Partners LP focuses on producing and selling ethylene. It also focuses on offering ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen. The company was founded in 2014 and is based in Houston, Texas. Westlake Chemical Partners LP operates as a subsidiary of Westlake Chemical Corp.
Chemistry Physical Sciences Natural Sciences Commodity Chemicals Hazardous Air Pollutants Monomers Ethylene Co Products
Is WLKP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 25.25
52 Week Low 20.25
Average Volume 38,186
200-Day Moving Average 22.7532
50-Day Moving Average 22.3618
20-Day Moving Average 21.6505
10-Day Moving Average 22.079
Average True Range 0.3839
ADX 30.14
+DI 20.6982
-DI 14.5704
Chandelier Exit (Long, 3 ATRs ) 21.4983
Chandelier Exit (Short, 3 ATRs ) 22.1017
Upper Bollinger Band 22.7109
Lower Bollinger Band 20.5901
Percent B (%b) 0.84
BandWidth 9.795617
MACD Line 0.0775
MACD Signal Line -0.1046
MACD Histogram 0.1821
Fundamentals Value
Market Cap 605.31 Million
Num Shares 27.1 Million
EPS 1.42
Price-to-Earnings (P/E) Ratio 15.75
Price-to-Sales 0.55
Price-to-Book 1.74
PEG Ratio 0.23
Dividend 1.46
Dividend Yield 6.53%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.69
Resistance 3 (R3) 22.69 22.60 22.63
Resistance 2 (R2) 22.60 22.52 22.59 22.61
Resistance 1 (R1) 22.48 22.47 22.54 22.48 22.60
Pivot Point 22.39 22.39 22.42 22.38 22.39
Support 1 (S1) 22.27 22.31 22.33 22.27 22.14
Support 2 (S2) 22.18 22.26 22.17 22.13
Support 3 (S3) 22.06 22.18 22.11
Support 4 (S4) 22.06