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WLK Stock Westlake (WLK, $125.85) Moving Average Convergence Divergence (MACD) Histogram turned positive on December 9, 2024

A.I.dvisor
at Tickeron.com
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WLK - Westlake Corp
MACD signal
Bullish Trend
Odds of UP Trend
Tickeron
MACD signal
Price: $125.85
Daily change: +$1.51 (+1.21%)
Daily volume: 612.9K
Industry: Chemicals: Specialty
This is a Bullish indicator signaling WLK's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 47 similar cases where WLK's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:

WLK in upward trend: price may jump up because it broke its lower Bollinger Band on December 05, 2024

WLK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where WLK's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WLK's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Moving Average Convergence Divergence (MACD) for WLK just turned positive on December 09, 2024. Looking at past instances where WLK's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WLK advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 04, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on WLK as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WLK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for WLK entered a downward trend on December 09, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.931) is normal, around the industry mean (3.612). P/E Ratio (41.692) is within average values for comparable stocks, (34.004). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.088). Dividend Yield (0.012) settles around the average of (0.038) among similar stocks. P/S Ratio (1.581) is also within normal values, averaging (92.747).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. WLK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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WLK
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

a manufacturer of petrochemicals and fabricated products

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Chemicals Major Diversified
Address
2801 Post Oak Boulevard
Phone
+1 713 960-9111
Employees
15520
Web
https://www.westlake.com