(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 2024-05-15 View latest technical analysis
10 day averaged volume of Westlake Chemical is 466340
Date | Daily Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 156.18 | 158.26 | 158.26 | 155.46 | 1.002 times |
14 Tue May 2024 | 157.19 | 156.91 | 157.76 | 156.05 | 0.642 times |
13 Mon May 2024 | 156.27 | 158.74 | 159.35 | 156.16 | 0.559 times |
10 Fri May 2024 | 158.15 | 157.65 | 158.50 | 156.78 | 0.539 times |
09 Thu May 2024 | 157.31 | 155.34 | 158.58 | 155.25 | 0.92 times |
08 Wed May 2024 | 154.94 | 155.93 | 158.02 | 154.83 | 1.292 times |
07 Tue May 2024 | 156.45 | 154.43 | 158.11 | 154.38 | 1.334 times |
06 Mon May 2024 | 153.30 | 153.79 | 154.43 | 152.07 | 0.901 times |
03 Fri May 2024 | 152.25 | 151.13 | 153.52 | 151.08 | 1.012 times |
02 Thu May 2024 | 149.51 | 150.36 | 150.96 | 146.31 | 0.797 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 155.7, but if it comes below 155.7, then a intra day sell could be more profitable.
If you take a sell trade below 155.7, then use 155.7 as stoploss and 152.28 as target. However if you take a buy trade in stock , then use 155.7 as stoploss and 159.9 as target.
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 |
Downside Target | 151.09 |
Downside Target | 154.94 |
Downside Target | 155.46 |
Downside Target | 155.85 |
Upside Target | 158.58 |
Upside Target | 159.35 |
Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Intraday Target | 154.64 |
Downside Intraday Target | 153.11 |
Upside Intraday Target | 158.53 |
Upside Intraday Target | 160.89 |
Upside Intraday Target | 157 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 156.18 | 158.74 | 159.35 | 155.46 | 0.442 times |
10 Fri May 2024 | 158.15 | 153.79 | 158.58 | 152.07 | 0.874 times |
03 Fri May 2024 | 152.25 | 151.09 | 155.85 | 144.27 | 1.297 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 |
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 |
15 Wed May 2024 | 156.18 | 150.06 | 159.35 | 144.27 | 0.515 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 neutral. A longer time frame might give a better analysis.
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 Strong and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
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
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 155.03 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 negative.
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 neutral. A longer time frame might give a better analysis.
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 Strong and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
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
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 155.03 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.