(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 2024-03-14 View latest technical analysis
10 day averaged volume of Westlake Chemical is 358260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 142.51 | 143.81 | 143.89 | 141.37 | 0.971 times |
| 13 Wed Mar 2024 | 144.17 | 142.20 | 144.50 | 142.13 | 0.995 times |
| 12 Tue Mar 2024 | 141.42 | 142.28 | 142.28 | 140.45 | 0.908 times |
| 11 Mon Mar 2024 | 141.80 | 141.33 | 141.98 | 139.70 | 1.026 times |
| 08 Fri Mar 2024 | 141.68 | 143.46 | 143.46 | 141.29 | 1.049 times |
| 07 Thu Mar 2024 | 142.60 | 142.00 | 143.75 | 141.05 | 1.155 times |
| 06 Wed Mar 2024 | 141.17 | 141.76 | 141.76 | 139.69 | 0.826 times |
| 05 Tue Mar 2024 | 139.96 | 138.97 | 141.57 | 138.97 | 0.806 times |
| 04 Mon Mar 2024 | 140.09 | 137.61 | 141.38 | 136.36 | 1.16 times |
| 01 Fri Mar 2024 | 137.38 | 138.60 | 139.38 | 136.60 | 0.728 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 142.9 as stoploss in an intra day sell trade for a target of 139.78. However, stock will show a bullish move above 142.9.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 113.95 |
| Downside Target | 118.64 |
| Downside Target | 125.87 |
| Downside Target | 131.38 |
| Downside Target | 135.01 |
| Upside Target | 142.62 |
| Upside Target | 143.61 |
| Upside Target | 143.75 |
| Upside Target | 144.50 |
| Upside Target | 145.98 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 139.97 |
| Downside Intraday Target | 137.44 |
| Upside Intraday Target | 144.77 |
| Upside Intraday Target | 147.04 |
| Downside Intraday Target | 142.24 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 142.51 | 141.33 | 144.50 | 139.70 | 0.781 times |
| 08 Fri Mar 2024 | 141.68 | 137.61 | 143.75 | 136.36 | 1.078 times |
| 01 Fri Mar 2024 | 137.38 | 135.97 | 139.38 | 135.01 | 0.46 times |
| 23 Fri Feb 2024 | 136.79 | 126.29 | 141.46 | 118.64 | 1.902 times |
| 16 Fri Feb 2024 | 144.15 | 142.29 | 145.98 | 137.63 | 1.418 times |
Price has moved up 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 |
| 14 Thu Mar 2024 | 142.51 | 138.60 | 144.50 | 136.36 | 0.396 times |
| 29 Thu Feb 2024 | 138.71 | 139.13 | 145.98 | 118.64 | 1.375 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term but SELL signal is weak.
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
Although the stock is in the SELL zone, but selling 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 141.41 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term but SELL signal is weak.
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
Although the stock is in the SELL zone, but selling 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 141.41 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.