Technical Analysis for WLKP - Westlake Chemical Partners LP

Grade Last Price % Change Price Change
A 26.74 3.80% 0.98
WLKP closed up 0.35 percent on Thursday, April 15, 2021, on 56 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: May 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical WLKP trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 3.80%
New 52 Week High Strength 3.80%
Upper Bollinger Band Walk Strength 3.80%
Outside Day Range Expansion 3.80%
Overbought Stochastic Strength 3.80%
Up 3 Days in a Row Strength 3.80%
Up 4 Days in a Row Strength 3.80%
Up 5 Days in a Row Strength 3.80%
Upper Bollinger Band Touch Strength 3.80%
New 52 Week Closing High Bullish 4.17%
Older End-of-Day Signals for WLKP ...

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Alert Time
3x Volume Pace about 3 hours ago
2x Volume Pace about 3 hours ago
1.5x Volume Pace about 3 hours ago
10x Volume Pace about 3 hours ago
5x Volume Pace about 3 hours ago
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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.
Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Natural Sciences Commodity Chemicals Hydrogen Westlake Monomers Hazardous Air Pollutants Ethylene Co Products Pyrolysis Pyrolysis Gasoline Westlake Chemical

Is WLKP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.94
52 Week Low 14.85
Average Volume 99,321
200-Day Moving Average 21.36
50-Day Moving Average 24.22
20-Day Moving Average 24.66
10-Day Moving Average 25.06
Average True Range 0.51
ADX 16.16
+DI 25.87
-DI 12.00
Chandelier Exit (Long, 3 ATRs ) 24.40
Chandelier Exit (Short, 3 ATRs ) 25.04
Upper Bollinger Band 25.86
Lower Bollinger Band 23.47
Percent B (%b) 0.96
BandWidth 9.66
MACD Line 0.41
MACD Signal Line 0.29
MACD Histogram 0.1189
Fundamentals Value
Market Cap 906.61 Million
Num Shares 35.2 Million
EPS 1.95
Price-to-Earnings (P/E) Ratio 13.23
Price-to-Sales 0.75
Price-to-Book 2.68
PEG Ratio 0.23
Dividend 1.89
Dividend Yield 7.34%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.42
Resistance 3 (R3) 26.41 26.17 26.31
Resistance 2 (R2) 26.17 26.01 26.18 26.27
Resistance 1 (R1) 25.97 25.90 25.85 25.98 26.24
Pivot Point 25.73 25.73 25.68 25.74 25.73
Support 1 (S1) 25.53 25.57 25.41 25.54 25.28
Support 2 (S2) 25.29 25.46 25.30 25.25
Support 3 (S3) 25.09 25.29 25.21
Support 4 (S4) 25.10