(WLK) Westlake Chemical complete technical analysis [charts+indicators] | Buy/Sell Westlake Chemical | (WLK) share price targets
Complete technical analysis of Westlake Chemical (WLK) by charts plus indicators, forecast predictions and share price targets for Westlake Chemical (WLK)
Westlake Chemical trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-01-29 View latest technical analysis
10 day averaged volume of Westlake Chemical is 356620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 141.18 | 141.35 | 141.35 | 139.42 | 0.518 times |
| 26 Fri Jan 2024 | 141.19 | 140.50 | 141.47 | 138.70 | 1.24 times |
| 25 Thu Jan 2024 | 138.38 | 138.78 | 139.80 | 137.66 | 1.334 times |
| 24 Wed Jan 2024 | 136.64 | 140.23 | 141.91 | 135.91 | 1.4 times |
| 23 Tue Jan 2024 | 140.47 | 140.89 | 142.62 | 139.98 | 0.891 times |
| 22 Mon Jan 2024 | 139.74 | 138.44 | 139.84 | 138.19 | 0.998 times |
| 19 Fri Jan 2024 | 138.48 | 136.98 | 138.54 | 135.78 | 1.004 times |
| 18 Thu Jan 2024 | 136.27 | 134.80 | 136.78 | 133.62 | 0.988 times |
| 17 Wed Jan 2024 | 133.51 | 132.51 | 133.88 | 132.51 | 0.592 times |
| 16 Tue Jan 2024 | 135.02 | 133.14 | 135.26 | 132.20 | 0.975 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 139.8, but if it comes below 139.8, then a intra day sell could be more profitable.
If you take a sell trade below 139.8, then use 139.8 as stoploss and 137.39 as target. However if you take a buy trade in stock , then use 139.8 as stoploss and 142.6 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 112.77 |
| Downside Target | 120.28 |
| Downside Target | 125.87 |
| Downside Target | 131.38 |
| Downside Target | 137.28 |
| Downside Target | 138.27 |
| Downside Target | 138.54 |
| Downside Target | 139.42 |
| Upside Target | 141.35 |
| Upside Target | 142.62 |
| Upside Target | 143.61 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 139.95 |
| Downside Intraday Target | 138.72 |
| Upside Intraday Target | 141.88 |
| Upside Intraday Target | 142.58 |
| Downside Intraday Target | 140.65 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 141.18 | 141.35 | 141.35 | 139.42 | 0.088 times |
| 26 Fri Jan 2024 | 141.19 | 138.44 | 142.62 | 135.91 | 1.647 times |
| 19 Fri Jan 2024 | 138.48 | 133.14 | 138.54 | 132.20 | 6.163 times |
| 12 Fri Jan 2024 | 134.61 | 136.97 | 137.28 | 134.03 | 0.182 times |
| 12 Fri Jan 2024 | 134.61 | 137.87 | 138.27 | 133.59 | 1.207 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 141.18 | 140.33 | 142.62 | 132.20 | 0.857 times |
| 29 Fri Dec 2023 | 139.96 | 128.15 | 143.61 | 125.87 | 0.9 times |
| 30 Thu Nov 2023 | 128.39 | 115.08 | 131.38 | 113.95 | 0.816 times |
| 31 Tue Oct 2023 | 115.36 | 123.96 | 127.82 | 112.77 | 0.805 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Westlake Chemical (WLK)
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Westlake Chemical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 138.14 and Westlake Chemical (WLK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Westlake Chemical (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) stock is negative.
Westlake Chemical Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Westlake Chemical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 138.14 and Westlake Chemical (WLK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Westlake Chemical (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) stock is negative.
Westlake Chemical Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.