Is Westlake Chemical Partners LP stock a buy or sell right now?

Westlake Chemical Partners LP currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Westlake Chemical Partners LP’s RSI?

RSI is 41.02, showing balanced momentum within the normal range.

What does MACD indicate for WLKP?

MACD at 0.08 remains positive, but the signal line crossover suggests short-term caution.

What are Westlake Chemical Partners LP’s key support and resistance levels?

Support sits around $22.38, while resistance is near $23.62.

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

Live technical indicators, trading signals, and momentum insights for Westlake Chemical Partners LP.

WLKP●NYSE

Basic MaterialsChemicals

$22.77

$0.55(2.36%)

U.S. Market opens in 1h 42m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 41.02)

Trend Strength:Weak (ADX: 18.04)

Volatility:Low (ATR: 0.40)

Support/Resistance:$22.38 – $23.62 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 41.02

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 47.67

Neutral

Mid-range signal with no clear trend.

Williams %R: -100.00

Bullish

Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.61

Neutral

Price change is minimal.

Takeaway:Westlake Chemical Partners LP shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.08

Bullish

Bullish, trend momentum is strengthening.

ADX: 18.04

Weak

Weak trend, market trading sideways.

ATR (14): 0.40

Low

Low volatility, stable price action.

CCI (14): -168.05

Bearish

Bearish, oversold conditions may spark rebound.

Takeaway:Westlake Chemical Partners LP shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$23.62

Middle Band (SMA 20)

$23.00

Lower Band

$22.38

Current Position

Within Bands

Takeaway:Westlake Chemical Partners LP trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$23.87

Middle Line (EMA 20)

$23.06

Lower Channel

$22.26

Squeeze Status

Squeeze On

Takeaway:Westlake Chemical Partners LP trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume332.62K

Money Flow Index57.15Neutral, balanced money flows with no clear signal.

Relative Vigor Index54.16Neutral 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

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Westlake Chemical Partners LP are mixed, suggesting a Hold or wait-and-see approach.