Westlake WLK
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Westlake (WLK) Business Model and Operations Summary
Westlake Corp is a manufacturer and supplier of chemicals, polymers, and building products. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and global compounds businesses.
Key Insights
Westlake (WLK) Core Market Data and Business Metrics
Latest Closing Price
$85.13Market Cap
$11.00 BillionPrice-Earnings Ratio
28.57Total Outstanding Shares
128.24 Million SharesTotal Employees
15,540Current Dividend
$0.53 Per Share QuarterlyIPO Date
August 11, 2004SIC Description
Industrial Organic ChemicalsHeadquarters
2801 Post Oak Blvd, Houston, TX, 77056