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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Westlake Corporation (NYSE:WLK)
Long-Term Uptrend (+90) - WLK is in a strong uptrend that is likely to continue. While WLK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid WLK?
MarketClub looks at technical strength and momentum to determine if the timing is right for WLK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for WLK
The long-term trend has been UP since Dec 4th, 2023 at 133.8300
The intermediate-term trend has been UP since May 7th, 2024 at 155.8500
The short-term trend has been UP since May 7th, 2024 at 154.4328
Smart Scan Analysis for WLK
Based on our trend formula, WLK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 155.93 | 158.02 | 154.83 | 154.90 | -1.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 156.45 | 502382 | 2024-05-08 15:59:44 |
| Year High | 124.295 | Year High Date | 2018-05-22 |
| Year Low | 66.91 | Year Low Date | 2018-11-20 |
| 52wk High | 162.64 | 52wk High Date | 2024-04-09 |
| 52wk Low | 103.275 | 52wk Low Date | 2023-06-01 |
| Year End Close | 79.3 | Average Volume | 470,298 |
| Shares Outstanding | 128,570 | Short Interest | 3,766,179 |
| % Institutional | 31.7 | Market Cap | 8,632M |
| Assets | 209,600,000M | Liabilities | 106,290,000M |
| P/E Ratio | 78.6181 | Beta | 2.55 |
| Volatility | 39.92 |