Bullish Case: WLK shows a 9.9% increase over 60 days, underpinned by strong financials and market diversity. Upcoming product launches hint at robust growth potential.


Bearish Case: Despite previous growth, WLK faces a flat short-term price trajectory with low volatility, suggesting potential stagnation or correction pressures ahead.


Potential Outcomes:

1. 60% - WLK's new product launch drives share price up.

2. 30% - Market saturation leads to price stabilization.

3. 10% - Unexpected regulatory changes cause a dip.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 30, 2024


Westlake Forecast

WLK        Westlake
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with WLK



PAVE Forecast + Options Trading Strategies   PAVE  Global X Funds - Global X U.S. Infrastructure Development (0.96)


CSTM Forecast + Options Trading Strategies   CSTM  Constellium SE (0.96)


PNR Forecast + Options Trading Strategies   PNR  Pentair (0.95)


APH Forecast + Options Trading Strategies   APH  Amphenol (0.95)


XHB Forecast + Options Trading Strategies   XHB  SPDR Homebuilders (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to WLK



PAAS Forecast + Options Trading Strategies   PAAS  Pan American Silver (-0.0)


DBI Forecast + Options Trading Strategies   DBI  Designer Brands (0.0)


SMAR Forecast + Options Trading Strategies   SMAR  Smartsheet (0.0)


ACAD Forecast + Options Trading Strategies   ACAD  Acadia Pharmaceuticals (0.0)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WLK



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.89)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.89)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.91)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with WLK


 Ask any question about WLK!