(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 2024-02-21 View latest technical analysis
10 day averaged volume of Westlake Chemical is 480870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 135.48 | 133.62 | 136.33 | 132.22 | 1.775 times |
| 20 Tue Feb 2024 | 132.81 | 126.29 | 140.34 | 118.64 | 3.854 times |
| 16 Fri Feb 2024 | 144.15 | 143.85 | 145.98 | 142.99 | 1.163 times |
| 15 Thu Feb 2024 | 144.25 | 141.82 | 144.46 | 140.32 | 0.837 times |
| 14 Wed Feb 2024 | 141.19 | 141.00 | 142.17 | 139.69 | 0.758 times |
| 13 Tue Feb 2024 | 139.73 | 140.94 | 140.94 | 137.63 | 0.637 times |
| 12 Mon Feb 2024 | 143.94 | 142.29 | 144.82 | 142.10 | 0.548 times |
| 09 Fri Feb 2024 | 142.12 | 142.51 | 143.51 | 141.03 | 0.561 times |
| 08 Thu Feb 2024 | 142.80 | 141.23 | 143.45 | 140.03 | 0.648 times |
| 07 Wed Feb 2024 | 140.95 | 139.79 | 141.64 | 139.03 | 0.581 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 137.2, but if it comes above 137.2, then a intra day buy could be more profitable.
If you take a sell trade below 137.2, then use 137.2 as stoploss and 133.7 as target. However if you take a buy trade in stock , then use 137.2 as stoploss and 140.04 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 112.77 |
| Downside Target | 118.64 |
| Downside Target | 125.87 |
| Downside Target | 131.38 |
| Downside Target | 134.93 |
| Upside Target | 142.11 |
| Upside Target | 142.62 |
| Upside Target | 143.51 |
| Upside Target | 143.61 |
| Upside Target | 145.98 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 122.63 |
| Downside Intraday Target | 109.79 |
| Upside Intraday Target | 144.33 |
| Upside Intraday Target | 153.19 |
| Downside Intraday Target | 131.49 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 135.48 | 126.29 | 140.34 | 118.64 | 1.427 times |
| 16 Fri Feb 2024 | 144.15 | 142.29 | 145.98 | 137.63 | 1.418 times |
| 09 Fri Feb 2024 | 142.12 | 136.11 | 143.51 | 134.93 | 1.165 times |
| 02 Fri Feb 2024 | 138.54 | 141.35 | 142.11 | 136.12 | 0.549 times |
| 26 Fri Jan 2024 | 141.19 | 138.44 | 142.62 | 135.91 | 1.647 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 |
| 21 Wed Feb 2024 | 135.48 | 139.13 | 145.98 | 118.64 | 1.012 times |
| 31 Wed Jan 2024 | 138.35 | 140.33 | 142.62 | 132.20 | 0.931 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
Westlake Chemical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Westlake Chemical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 138.16 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
Westlake Chemical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Westlake Chemical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 138.16 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.