WLKP Stock Price Prediction

Westlake Chemical Partners LP

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23.620

-0.010(-0.040%)

Overview
Forecast
Valuation

Should I Buy Westlake Chemical Partners LP Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. WLKP has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

WLKP stock price ended at $23.62 on Wednesday, after losing -0.04%

The Westlake Chemical Partners LP stock price decreased by -0.04% on the last trading day (Wednesday Apr 2025), dropping from 23.82 to 23.62. Throughout the last trading session, the stock experienced a fluctuation of 1.36% , ranging from a day low of $23.5 to a day high of 23.82. The price has declined in 3 of the last 10 days, resulting in a total change of 9.30% during this period. On the last day, trading volume decrease by -6.79K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 18.58K shares were traded, amounting to approximately 440.77K.

WLKP Technical Signals

WLKP(Westlake Chemical Partners LP Corp) has 3 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-04-09. The total price change during this trend is +4.01%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of WLKP over the last 5 trading days is 482.73K. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.

WLKP Moving Average Analysis

Westlake Chemical Partners LP's overall moving average trend leans more bullish as of Thursday, April 24, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $24.2, and $25.13. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $21.22, and $20.3. A break-down below any of these levels will issue sell signals.

WLKP Short Selling Analysis

The short sale ratio of Westlake Chemical Partners LP(WLKP) as of 22 Apr 2025 is 17.98%, rising from last trading day. With increasing price from 23.13 to 23.63. The short sell activity indicate that short sellers may be anticipating a price reversion.

Technical Signal

Technical Signals Summary

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.06

Bullish

Momentum (10 days)

MOM_10 > 0

2.01

Bullish

Moving Average

10-day SMA crosses above 250-day SMA

Bullish

5 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

90.21

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

126.13

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.04

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

99.85

Bearish

Williams %R (14 days)

WILLR_14 > -20

-8.47

Bearish

WLKP Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Westlake Chemical Partners LP(WLKP), our algorithm predicts WLKP's 1-month price at $23.07, with an 0.08%upwardshift. Using a similarity score up to 94.96%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Westlake Chemical Partners LP (WLKP.N) stock, as of Sunday, April 20, 2025 , forecasts a 0.08% change over the next month, based on its high correlation with EXR.N stock patterns. The similarity between their price movements over the analyzed periods is 94.96%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

WLKP

Future prediction

Up: 0.08%

EXR

Up: 0.08%Similarity: 94.96%

Name

Similarity

Up/Down

EXR.N

94.96%

+0.08%

RNAC.O

94.00%

+2.31%

AXON.O

93.61%

+11.30%

ALTS.O

93.32%

+11.67%

EG.N

93.11%

-2.14%

ABTS.O

93.09%

-12.90%

FUSB.O

93.01%

+4.67%

WU.N

93.00%

+3.06%

PSA.N

92.96%

-0.26%

ECL.N

92.86%

-0.33%

WLKP Seasonality Analysis

Based on WLKP's historical stock price data across all years, the probability of a positive return in April is72.73%, suggesting it maybe an ideal month to invest in WLKP. In contrast,Decemberoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Westlake Chemical Partners LP (WLKP.N) stock in December has the highest probability of a positive return (80.00%), while February has the lowest probability (9.09%).

Performance Seasonality

The chart shows Westlake Chemical Partners LP. (WLKP)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.