Westlake Chemical Partners LP

Stage 3 · Topping · week 13

As of Oct 22, 2026, Westlake Chemical Partners is in Stage 3, the topping phase, now in week 13 (since Jul 27, 2026). It closed at $20.96, 8.2% below its 52-week high and below its 200-day average, which is rising.

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. More about the company

$20.96

+0.43% today

$739M · Small cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 19w

S2 45w

S4 15w

S2 22w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 7w → S3 2w → S4 4w → S3 2w → S2 19w → S3 7w → S2 45w → S3 13w → S4 8w → S1 4w → S4 15w → S1 6w → S2 22w → S3 13w current

Total tracked: 165 weeks across 14 stage runs.

WLKP among Chemicals6th of 16 by relative strength

All 16 →

Stocks in Chemicals ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	MEOHMethanex Corporation	Stage 2 · wk 7	93	+2.7%
2	DOWDow Inc.	Stage 4 · wk 3	87	+11.0%
3	GPREGreen Plains, Inc.	Stage 4 · wk 1	78	−7.9%
4	REXREX American Resources Corporation	Stage 3 · wk 16	76	−9.5%
5	LXULSB Industries, Inc.	Stage 4 · wk 11	66	−5.0%
6	WLKPWestlake Chemical Partners LP	Stage 3 · wk 13	66	−1.8%
7	CECelanese Corporation	Stage 1 · wk 1	65	−2.6%
8	HUNHuntsman Corporation	Stage 4 · wk 10	62	−4.2%

vs 52W High

-8.2%

$16.77 lo$22.83 hi

8.2% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 13

1w13w26w

Week 13, distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

-1.9%

200 DMA: $21.37 · rising

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

0.49x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-1.8%

-2.9%

-2.7%

YTD

+17.9%

+14.9%

Scan Membership

Breakout Watch

Latest: 2024-06-03

9 appearances in last 60 days. First seen: 2019-06-10.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 13 · Vol 0.49x

2026-10-21S3

Wk 13 · Vol 0.60x

2026-10-20S3

Wk 13 · Vol 0.76x

2026-10-19S3

Wk 12 · Vol 0.51x

2026-10-16S3

Wk 12 · Vol 1.20x

2026-10-15S3

Wk 12 · Vol 0.52x

2026-10-14S3

Wk 12 · Vol 0.57x

2026-10-13S3

Wk 12 · Vol 0.76x

2026-10-12S3

Wk 11 · Vol 0.77x

2026-10-09S3

Wk 11 · Vol 0.53x

2026-10-08S3

Wk 11 · Vol 0.86x

2026-10-07S3

Wk 11 · Vol 0.52x

Moving averages & range

50 DMA

$21.43

200 DMA

$21.37

52W High

$22.83

52W Low

$16.77

5D Low

$20.80

Resistance levels (recent highs)

20d High

$21.60

60d High

$22.11

120d High

$22.83

250d High

$22.83

Next resistance

+3.1%

to 20d High

P/E (TTM)

12.8

Forward 11.3

Earnings Growth (YoY)

-2.2%

Revenue 0.0%

ROE

+41.8%

Profit margin +4.7%

Dividend Yield

9.04%

P/B 1.5

Westlake Chemical Partners: quick answers

What stage is Westlake Chemical Partners in?

As of Oct 22, 2026, Westlake Chemical Partners (WLKP) is in Stage 3, the topping phase. It entered Stage 3 on Jul 27, 2026 and is in week 13. What the four stages mean

Is Westlake Chemical Partners in an uptrend?

Its uptrend has stalled. Westlake Chemical Partners is in Stage 3, the topping phase that follows an advance. It trades 1.9% below its 200-day average, which is rising.

How far is Westlake Chemical Partners from its 52-week high?

Westlake Chemical Partners closed at $20.96 on Oct 22, 2026, 8.2% below its 52-week high of $22.83. Its 52-week low is $16.77.

How has Westlake Chemical Partners performed over the past year?

As of Oct 22, 2026, Westlake Chemical Partners is up 14.9% over the past year and up 17.9% so far in 2026.

Which sector and industry is Westlake Chemical Partners in?

Westlake Chemical Partners is in the Chemicals industry, part of the Materials sector.

About this companyMaterials· Chemicals

Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. It's ethylene production facilities which primarily convert ethane into ethylene. The company also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. It serves as the general partner of the company. Westlake Chemical Partners LP was founded in 1991 and is headquartered in Houston, Texas.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.