Westlake Chemical Partners Lp Stock Forecast

Hold candidate since Jun 23, 2026

The Westlake Chemical Partners LP stock price gained 0.532% on the last trading day (Tuesday, 23rd Jun 2026), rising from $22.57 to $22.69. During the last trading day the stock fluctuated 1.93% from a day low at $22.57 to a day high of $23.00. The price has been going up and down for this period, and there has been a -2.7% loss for the last 2 weeks. Volume fell on the last day by -17 thousand shares and in total, 20 thousand shares were bought and sold for approximately $448.76 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $22.72. A reaction back to this level may hold a second chance to get out before further falls.

WLKP Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 20, 2026, and so far it has risen 1.39%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Westlake Chemical Partners LP stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $22.93 and $22.99. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Westlake Chemical Partners LP stock

Westlake Chemical Partners LP finds support from accumulated volume at $22.57 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.435 between high and low, or 1.93%. For the last week the stock has had daily average volatility of 1.82%

Our recommended stop-loss: $21.38 (-5.76%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 22 days ago.)

Trading Expectations (WLKP) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Westlake Chemical Partners LP to open at $22.75, and during the day (based on 14 day Average True Range), to move between $22.49 and $22.89, which gives a possible trading interval of +/-$0.392 (+/-1.74%) up or down from last closing price. If Westlake Chemical Partners LP takes out the full calculated possible swing range there will be an estimated 1.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.71 (0.09%) than the support at $22.57 (0.53%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Westlake Chemical Partners LP stock A Buy?

Westlake Chemical Partners LP holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: -0.664 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $22.75 ( 0.272%).

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