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Westlake Chemical Partners LP

WLKP•NYSE
Basic Materials
Chemicals
$21.52
$0.31(1.46%)
U.S. Market is Open • 11:27

Westlake Chemical Partners LP (WLKP) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Westlake Chemical Partners LP (NYSE:WLKP).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WLKP Technical Analysis Summary

Westlake Chemical Partners LP stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.54)
Trend Strength:Moderate (ADX: 26.16)
Volatility:Medium (ATR: 0.47)
Support/Resistance:$20.74 – $21.96 (Bollinger Bands)

Overall, Westlake Chemical Partners LP remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 36.23

Bearish
Momentum remains weak below midpoint.

Williams %R: -58.15

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.19

Bearish
Selling pressure outweighs buying.

Takeaway:Westlake Chemical Partners LP shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.19

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.16

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.47

Low
Low volatility, stable price action.

CCI (14): -26.26

Bearish
Bearish, momentum remains under pressure.

Takeaway:Westlake Chemical Partners LP shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.96
Middle Band (SMA 20)
$21.35
Lower Band
$20.74
Current Position
Within Bands

Takeaway:Westlake Chemical Partners LP trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$22.10
Middle Line (EMA 20)
$21.15
Lower Channel
$20.20
Squeeze Status
Squeeze On

Takeaway:Westlake Chemical Partners LP trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume433.17K
Money Flow Index52.64Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.54Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:WLKP shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Westlake Chemical Partners LP, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Westlake Chemical Partners LP stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ