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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Westlake Corporation (NYSE:WLK)

Long-Term Downtrend (-90) - WLK is in a strong downtrend that is likely to continue. While WLK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NYSE_WLK
Open High Low WLK Price Change
135.830 137.120 134.915 137.090 +0.590
Entry Signal

MarketClub’s Trade Triangles for WLK

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 143.5900

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 141.8200

short term down The short-term trend has been DOWN since Oct 15th, 2024 at 142.5201

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).

-90
Smart Scan Analysis for WLK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
135.830 137.120 134.915 137.090 +0.590
Prev. Close Volume Bid Ask Time
136.500 271649 2024-10-22 15:57:56
Year High124.295Year High Date2018-05-22
Year Low66.91Year Low Date2018-11-20
52wk High162.6452wk High Date2024-04-09
52wk Low112.7752wk Low Date2023-10-25
Year End Close79.3Average Volume398,258
Shares Outstanding128,586Short Interest3,766,179
% Institutional31.7Market Cap8,632M
Assets210,830,000MLiabilities105,090,000M
P/E Ratio65.625Beta2.55
Volatility39.92
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