(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 2024-02-22 View latest technical analysis
10 day averaged volume of Westlake Chemical is 546390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 140.58 | 136.34 | 140.68 | 134.70 | 0.725 times |
| 21 Wed Feb 2024 | 135.48 | 133.62 | 136.33 | 132.22 | 1.562 times |
| 20 Tue Feb 2024 | 132.81 | 126.29 | 140.34 | 118.64 | 3.392 times |
| 16 Fri Feb 2024 | 144.15 | 143.85 | 145.98 | 142.99 | 1.023 times |
| 15 Thu Feb 2024 | 144.25 | 141.82 | 144.46 | 140.32 | 0.737 times |
| 14 Wed Feb 2024 | 141.19 | 141.00 | 142.17 | 139.69 | 0.667 times |
| 13 Tue Feb 2024 | 139.73 | 140.94 | 140.94 | 137.63 | 0.561 times |
| 12 Mon Feb 2024 | 143.94 | 142.29 | 144.82 | 142.10 | 0.482 times |
| 09 Fri Feb 2024 | 142.12 | 142.51 | 143.51 | 141.03 | 0.493 times |
| 08 Thu Feb 2024 | 142.80 | 141.23 | 143.45 | 140.03 | 0.571 times |
My analysis of stock is bullish for shortterm, and stock might move up till 143 or till 146.3. Use a stoploss of 140.24 and if this stock hits its stoploss, then it can fall down till 137.47
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 | 140.68 |
| 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 | 125.92 |
| Downside Intraday Target | 111.26 |
| Upside Intraday Target | 147.96 |
| Upside Intraday Target | 155.34 |
| Downside Intraday Target | 133.3 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 140.58 | 126.29 | 140.68 | 118.64 | 1.636 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 140.58 | 139.13 | 145.98 | 118.64 | 1.074 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid 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 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 losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 138.19 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid 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 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 losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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
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 138.19 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 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.