(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 2024-05-01 View latest technical analysis
10 day averaged volume of Westlake Chemical is 439070
Date | Daily Closing Price | Open | High | Low | Volume |
01 Wed May 2024 | 149.18 | 150.06 | 155.85 | 144.27 | 2.127 times |
30 Tue Apr 2024 | 147.36 | 149.57 | 150.67 | 147.20 | 1.131 times |
29 Mon Apr 2024 | 151.00 | 151.09 | 151.16 | 149.60 | 0.884 times |
26 Fri Apr 2024 | 149.55 | 149.37 | 151.09 | 149.37 | 0.812 times |
25 Thu Apr 2024 | 148.37 | 149.22 | 149.22 | 146.62 | 1.235 times |
24 Wed Apr 2024 | 149.90 | 148.73 | 149.90 | 147.77 | 0.868 times |
23 Tue Apr 2024 | 149.36 | 148.70 | 150.73 | 148.70 | 0.794 times |
22 Mon Apr 2024 | 149.68 | 150.43 | 151.07 | 148.36 | 0.966 times |
19 Fri Apr 2024 | 150.76 | 149.08 | 150.96 | 148.02 | 1.103 times |
18 Thu Apr 2024 | 148.94 | 152.37 | 152.37 | 148.21 | 1.126 times |
Stock of Westlake Chemical (WLK) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 148.2 as stoploss in an intra day buy trade for a target of 152.52. However, stock will show a bearish move below 148.2.
Share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Target | 118.64 |
Downside Target | 132.20 |
Downside Target | 136.36 |
Downside Target | 142.62 |
Upside Target | 151.09 |
Upside Target | 153.14 |
Upside Target | 154.94 |
Upside Target | 155.85 |
Upside Target | 160.94 |
Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Intraday Target | 143.68 |
Downside Intraday Target | 138.19 |
Upside Intraday Target | 155.26 |
Upside Intraday Target | 161.35 |
Upside Intraday Target | 149.77 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Wed May 2024 | 149.18 | 151.09 | 155.85 | 144.27 | 0.886 times |
26 Fri Apr 2024 | 149.55 | 150.43 | 151.09 | 146.62 | 0.859 times |
19 Fri Apr 2024 | 150.76 | 154.61 | 154.94 | 148.02 | 1.091 times |
12 Fri Apr 2024 | 153.46 | 158.92 | 162.64 | 152.91 | 0.899 times |
05 Fri Apr 2024 | 160.47 | 152.91 | 160.94 | 151.25 | 1.566 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 |
01 Wed May 2024 | 149.18 | 150.06 | 155.85 | 144.27 | 0.094 times |
30 Tue Apr 2024 | 147.36 | 152.91 | 162.64 | 146.62 | 1.281 times |
28 Thu Mar 2024 | 152.80 | 138.60 | 153.14 | 136.36 | 0.893 times |
29 Thu Feb 2024 | 138.71 | 139.13 | 145.98 | 118.64 | 1.375 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 149.32 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 149.32 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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.